Directed. Fund Membership is non-transferable, non-salable and non-assignable, except a Member may transfer its current Membership benefits and obligations to a successor of substantially all of its business or assets, whether by merger, sale or otherwise; provided that the transferee agrees to be bound by this Charter and the Bylaws and policies required by LF membership.
Appears in 10 contracts
Samples: Directed Fund Participation Agreement, Directed Fund Participation Agreement, Directed Fund Participation Agreement
