Common use of Disposition Clause in Contracts

Disposition. The Member’s Membership Interest is transferable either voluntarily or by operation of law. The Member may dispose of all or a portion of the Member’s Membership Interest. Upon the transfer of the Member’s Membership Interest, the transferee shall be admitted as a Member at the time the transfer is completed.

Disposition. The Member’s Membership Interest interest in the Company is transferable either voluntarily or by operation of law. The Member may dispose of all or a portion of the Member’s Membership Interestinterest. Upon the transfer of the Member’s Membership Interestinterest, the transferee shall be admitted as a Member at the time the transfer is completed.

Disposition. The Member’s Membership Interest is transferable transferrable either voluntarily or by operation of law. The Member may dispose of all , by sale, assignment, transfer, exchange, mortgage, pledge, grant, hypothecation or a portion of the Member’s Membership Interestotherwise, whether or not for consideration, absolutely or as security or encumbrance. Upon the transfer of the Member’s Membership Interest, the transferee shall be admitted as a Member upon consent of the transferring Member at the time the transfer is completed.

Disposition. The Member’s Membership Interest is transferable either voluntarily or by operation of law. The Member may sell, assign, transfer, exchange, mortgage, pledge, grant, hypothecate or otherwise dispose of all or a portion of the Member’s Membership its Interest. Upon the transfer of the Member’s Membership Interest, the transferee shall be admitted as become a Member member of the Company with such rights that attach to the Interest at the time the transfer is completed. The granting of a security interest in or against any or all of the Member’s Interest shall not cause the Member to cease to be a Member.

Disposition. The Member’s Membership Interest is transferable either voluntarily or by operation of law. The Member may dispose Dispose of all or a portion of the Member’s Membership Interest. Upon In the transfer event of the Transfer of less than all of the Member’s Membership Interest, the transferee shall be admitted Admitted on such terms and conditions as a the Member at and the time Additional Member shall agree upon. In the transfer is completedevent of the Transfer of the Member’s entire Membership Interest, the transferee shall succeed to all the Member’s rights under this Agreement.

Disposition. The Member’s Membership Interest is transferable either voluntarily or by operation of law. The Member may dispose of all , by sale, assignment, transfer, exchange, mortgage, pledge, grant, hypothecation, or a portion of the Member’s Membership Interestotherwise, whether or not for consideration, absolutely or as security or encumbrance. Upon the transfer of the Member’s Membership Interest, the transferee shall be admitted as a Member upon consent of the transferring Member at the time the transfer is completed.

Disposition. The Member’s Membership Interest is transferable either voluntarily or by operation of law. The Member may dispose make a Disposition of all or a portion of the Member’s Membership Interest upon executing and delivering a written assignment of its Membership Interest. No oral Dispositions shall be recognized. Upon the transfer Disposition of the Member’s Membership Interest, the transferee transferee(s) shall be admitted as a Member at only upon the time express, written acceptance and adoption by the transfer is completedtransferee(s) of the provisions of this Agreement.

Disposition. The Sole Member’s 's Membership Interest is transferable either voluntarily or by operation of law. The Sole Member may dispose Dispose of all or a portion of the Sole Member’s 's Membership Interest. Upon the transfer of the Sole Member’s 's Membership Interest, the transferee shall be admitted Admitted as a an Additional Member at the time the transfer is completed.

Disposition. The Member’s Membership Interest is transferable either voluntarily or by operation of law. The Member may dispose Dispose of all or a portion of the Member’s Membership Interest. Upon In the transfer event of the Transfer of less than all of the Member’s Membership Interest, the transferee shall be admitted Admitted on such terms and conditions as a the Member at and the time Additional Member shall agree upon. In the transfer is completedevent of the Transfer of the Member’s entire Membership Interest, the transferee shall succeed to all the Member’s rights under this Agreement and shall be automatically Admitted as of the date of such Transfer.

Disposition. The A Member’s Membership Interest is transferable either voluntarily or by operation of law. The A Member may dispose of of, hypothecate or pledge all or a portion of the such Member’s Membership Interest. Upon In the event of the transfer of the less than all of a Member’s Membership Interest, the transferee shall be admitted on such terms and conditions as a such Member at and the time Additional Member shall agree upon. In the event of the transfer is completedof a Member’s entire Membership Interest, the transferee shall succeed to all such Member’s rights under this Agreement.”

Disposition. The Member’s Membership Interest is transferable either voluntarily or by operation of law. The Member may dispose Dispose of all or a portion of the Member’s Membership Interest. Upon In the transfer event of the Transfer of less than all of the Member’s Membership Interest, the transferee shall be admitted Admitted on such terms and conditions as a the Member at and the time Additional Member shall agree upon. In the transfer is completedevent of the Transfer of the Member’s entire Membership Interest, the transferee shall succeed to all the Member’s rights under this Agreement and shall be Admitted upon the completion of the Transfer without further action.