Exempt Transfer. (a) Notwithstanding anything to the contrary herein, the foregoing provisions of this Article 5 shall not apply to a Transfer by a Unitholder of all or part of its Units to an Affiliate, provided, however, that any such Transfer shall be in accordance with each of the following terms:
Appears in 6 contracts
Samples: Operating Agreement (Pedevco Corp), Operating Agreement (Pedevco Corp), Amended and Restated Operating Agreement (Pedevco Corp)