Common use of Effectiveness of Transfer Clause in Contracts

Effectiveness of Transfer. Any Transfer of any of a Member’s Members Interest in the Company will take effect on the first day following receipt by the Members of written notice that all applicable requirements of this Article have been met.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Global Crossing Servicios, S. De R.L. De C.V.)

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Effectiveness of Transfer. Any Transfer sale or gift of any of a Member’s Members 's Membership Interest in the Company will take effect on the first day following receipt by the Members of written notice that all applicable of the requirements of this Article the above Sections have been met.

Appears in 2 contracts

Samples: Operating Agreement (Matthews International Corp), Operating Agreement (Matthews International Corp)

Effectiveness of Transfer. Any Transfer sale, transfer or gift of any of a Member’s Members Interest Membership Interest(s) in the Company will take effect on the first day following receipt by the Members Manager of written notice that all applicable of the requirements of this Article Sections 10.1 and 10.2 have been met.

Appears in 1 contract

Samples: Omnibus Agreement (First Union Real Estate Equity & Mortgage Investments)

Effectiveness of Transfer. Any Transfer sale, transfer or gift of any of a Member’s Members Interest 's Membership Interest(s) in the Company will take effect on the first day following receipt by the Members Manager of written notice that all applicable of the requirements of this Article Sections 10.1 and 10.2 have been met.

Appears in 1 contract

Samples: Omnibus Agreement (First Union Real Estate Equity & Mortgage Investments)

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Effectiveness of Transfer. Any Transfer of any of a Member’s Members 's Membership Interest in the Company will take effect on the first day following receipt by the Members of written notice that all applicable of the requirements of this Article 12 have been met.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Herbalife International Inc)

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