Common use of Expenses of Transfer Clause in Contracts

Expenses of Transfer. In the sole discretion of the Fund, the person acquiring Shares pursuant to any of the provisions of this Article 13 may be required to bear all costs and expenses necessary to effect a transfer of such Shares including, without limitation, reasonable attorney's fees incurred in preparing any required amendments to this Agreement and the Certificate to reflect such transfer or acquisition and the cost of filing such amendments with the appropriate governmental officials.

Appears in 12 contracts

Samples: Operating Agreement (Ridgewood Energy L Fund LLC), Operating Agreement Limited Liability Company Agreement (Ridgewood Energy P Fund LLC), Limited Liability Company Agreement (Ridgewood Energy O Fund LLC)

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Expenses of Transfer. In the sole discretion of the Fund, the person acquiring Shares pursuant to any of the provisions of this Article 13 may be required to bear all costs and expenses necessary to effect a transfer of such Shares including, without limitation, reasonable attorney's ’s fees incurred in preparing any required amendments to this Agreement and the Certificate to reflect such transfer or acquisition and the cost of filing such amendments with the appropriate governmental officials.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ridgewood Energy v Fund LLC)

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