Exempt Assignments. (a) Subject to the provisions of Sections 16.06 and 16.07 which shall be applicable to all assignments of Membership Interests, the prohibition on assignments set forth in Section 16.02 above shall not apply to an assignment of all or any part of a Membership Interest of any Member:
Appears in 4 contracts
Samples: Limited Liability Company Agreement (CBL/Regency I, LLC), Master Transaction Agreement (CBL & Associates Properties Inc), Limited Liability Company Agreement (CBL & Associates Properties Inc)