Common use of Family Transfers Clause in Contracts

Family Transfers. If you or an Equity Owner are a natural person, and desire to sell, lease, transfer or otherwise convey any Equity Interest in the Licensee, this Agreement, or the Hotel, (i) to a member or member of your or any such Equity Owner's immediate family i.e. spouse, children, parents, siblings ("Family Members") or (ii) a trust or trusts for the benefit of Equity Owner or the Equity Owner's Family Member(s) (each, a "Family Transfer"); in either case, without causing a change in the ultimate controlling party of the Licensee, this Agreement, or the Hotel, we will not withhold our consent to a Family Transfer if you otherwise satisfy the conditions set forth in Subparagraphs 11.b.(2)(b)(i)-(vii), (ix), and (x) below that we may require you to satisfy.

Family Transfers. If you or an any Equity Owner Owners as of the date of this Agreement are a natural person, and desire to sell, lease, transfer or otherwise convey any Equity Interest in the Licensee, this Agreement, or the Hotel, interest to: (ix) to a member or member of your or any such Equity Owner's ’s immediate family i.e. spouse, children, parents, siblings ("“Family Members"”) or (iiy) a trust or trusts for the benefit of Equity Owner or the Equity Owner's ’s Family Member(s) (each, a "“Family Transfer"”); , in either case, without causing a change in the ultimate controlling party Equity Owners of the Licensee, this Agreement, or the Hotel, we will not withhold our consent to a Family Transfer if you otherwise satisfy the conditions set forth in Subparagraphs 11.b.(2)(b)(i)-(vii), (ix), and (x) below that we may require you to satisfy.

Family Transfers. If you or an any Equity Owner Owners as of the date of this Agreement are a natural person, and desire to sell, lease, transfer or otherwise convey any Equity Interest in the Licensee, this Agreement, or the Hotelto:, (ix) to a member or member of your or any such Equity Owner's immediate family i.e. spouse, children, parents, siblings ("Family Members") or (iiy) a trust or trusts for the benefit of Equity Owner or the Equity Owner's Family Member(s) (each, a "Family Transfer"); , in either case, without causing a change in the ultimate controlling party Equity Owners of the Licensee, this Agreement, or the Hotel, we will not withhold our consent to a Family Transfer if you otherwise satisfy the conditions set forth in Subparagraphs 11.b.(2)(b)(i)-(vii), (ix), and (x) below that we may require you to satisfy.