Common use of Instructions to Transfer Clause in Contracts

Instructions to Transfer. As of the date hereof, the Transferor hereby assigns and transfers unto the Transferee complete record and beneficial ownership of all of the Transferor's Class B Membership Interests in the Company, together with all rights associated therewith, free and clear of any Encumbrances other than Permitted Encumbrances. The Transferor hereby irrevocably instructs the Company to register on the books of the Company the transfer to the Transferee of complete record and beneficial ownership of all of the Transferor’s Class B Membership Interests in the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ormat Technologies, Inc.), Limited Liability Company Agreement (Ormat Technologies, Inc.)

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Instructions to Transfer. As of the date hereof, the Transferor hereby assigns and transfers unto the Transferee complete record and beneficial ownership of all of the Transferor's Class B Membership Interests in the CompanyTransferred Interests, together with all rights associated therewith, free and clear of any Encumbrances other than Permitted Encumbrances. The Transferor hereby irrevocably instructs the Company to register on the books of the Company the transfer to the Transferee Transferees of complete record and beneficial ownership of all of the Transferor’s Class B Membership Interests in the CompanyTransferred Interests.

Appears in 2 contracts

Samples: Land Lease Agreement (First Wind Holdings Inc.), Land Lease Agreement (First Wind Holdings Inc.)

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