General Transfer Restriction. No Owner (or any party acting on behalf of an Owner) may sell or transfer any of such Owner's Units, whether now owned or later acquired, except in accordance with the terms of this Agreement or by the written consent of the Company and all of the other Owners. Any attempted sale or transfer of any Units (or any interest in any Units) that violates the terms of this Agreement shall be void and shall not be binding upon, or recognized by, the Company or the Owners.
Appears in 30 contracts
Samples: Buy Sell Agreement, Buy Sell Agreement, Buy Sell Agreement
General Transfer Restriction. No Owner Member (or any party acting on behalf of an Ownera Member) may sell encumber, sell, or transfer any of such Owner's Unitsa Member’s Interest, whether now owned or later acquired, except in accordance with the terms of this Agreement or by the written consent of the Company and all of the other OwnersMembers. Any attempted sale or transfer of any Units Membership Interest (or any interest in any Unitstherein) that violates the terms of this Agreement shall be void and shall not be binding upon, or recognized by, the Company or the Ownersits Members.
Appears in 1 contract
Samples: Operating Agreement
