Limited Right to Transfer. If the Members having the right to purchase and the Company fail to collectively exercise their options described in paragraphs (b) and (c) of this Section 13.2 to purchase all of the Option Interest, then the Member offering the Option Interest may Transfer all of the Option Interest on the terms and conditions set forth in the Notice, provided that the intended transferee or transferees consent, in form and substance satisfactory to the Company, to being a Member subject to the terms of this Operating Agreement and otherwise complying with the provisions of Section 13.1 hereof. If the Transfer of such Membership Interest pursuant to the preceding sentence is not consummated within twenty (20) Business Days after expiration of the twenty (20) Business Day period set forth in Section 13.2(c) above, then such Membership Interest may not be Transferred without again complying with all the provisions of this Section 13.2.
Limited Right to Transfer. No Member or Assignee shall make any Transfer of all or any part of its Membership Interest, whether now owned or hereafter acquired, except (a) with the unanimous consent of the Managers; (b) as provided by Article XIV of this Agreement; (c) as a Defaulting Member as provided by paragraph 15.01(f) of this Agreement; or (d) upon winding up or termination, as provided by paragraph 16.03 of this Agreement. Any attempted Transfer by a person of an interest or right, or any part thereof, in or in respect of the Company other than as specifically provided by this Agreement shall be, and is hereby declared, null and void ab initio.
Limited Right to Transfer. No Member or Assignee shall make any Transfer of all or any part of its Membership Interest, whether now owned or hereafter acquired, except (a) with the consent of a Super Majority of the Members; (b) as provided by Article XIV of this Agreement; (c) as a Defaulting Member as provided by paragraph 15.01(f) of this Agreement; or (d) upon winding up or termination, as provided by paragraph 16.03 of this Agreement. Any attempted Transfer by a person of an interest or right, or any part thereof, in or in respect of the Company other than as specifically provided by this Agreement shall be, and is hereby declared, null and void ab initio.
Limited Right to Transfer. The license granted in Section 3.02.01 above is personal to Hologic, and shall not be assigned or transferred, and does not inure to the benefit of any of Hologic's successors or assigns. However, the previous sentence notwithstanding, Hologic may assign the license granted in Section 3.02.01 in conjunction with a merger, sale, or other transfer of substantially all of Hologic's assets and business.
Limited Right to Transfer. Any Member may Transfer all or part of such Member’s Financial Rights to another Member or to a member of such Member’s Immediate Family; provided, however, that such transferee must agree in writing to assume all of the financial obligations and undertakings of the transferor under the terms of this Agreement and no Transfer shall be valid unless and until the transferor executes and delivers such instrument to the Company. A Member may not Transfer all or part of such Member’ Governance Rights to another Member or to a member of such Member’s Immediate Family without unanimous approval of the then remaining Members. The attempt by a Member to sell his or her Membership Interest to a non- family third party for original consideration shall not constitute a breach of the Member’s duties or this Agreement. However, any such third-party Transfer shall only occur by amendment to this Agreement, and must afford the non-offering Member a first right of refusal to purchase the offering Member’s Membership Interest at a matching purchase price and sixty (60) days’ additional time to tender payment over that of the offeror.
Limited Right to Transfer. If the Company fails to object as to adequacy of the notice within ten (10) days of its delivery to the Company, Shareholder shall be entitled to transfer such Common Shares in accordance with the terms of the notice delivered to the Company. Each certificate evidencing the Common Shares transferred as above provided shall bear the appropriate restrictive legend set forth in Section 2.2, except that such certificate shall not bear such restrictive legend if in the opinion of counsel for the Company such legend is not required in order to establish compliance with any provisions of the Securities Act or applicable state securities laws.
Limited Right to Transfer. (a) No Member or Assignee shall make any Transfer of all or any part of its Membership Interest, whether now owned or hereafter acquired, except (a) with the unanimous consent of the Managers; (b) as provided by Article XIV of this Agreement; (c) as a Defaulting Member as provided by paragraph 15.01(f) of this Agreement; or (d) upon winding up or termination, as provided by paragraph 16.03 of this Agreement.
(b) A Membership Interest may be transferred only to (i) another Member, or (ii) the Company.
(c) Any attempted Transfer by a person of an interest or right, or any part thereof, in or in respect of the Company other than in accordance with this Article shall be, and is hereby declared, null and void ab initio.
Limited Right to Transfer. If Atria fails to object as to adequacy of the notice within three days of its delivery to Atria, Shareholder shall be entitled to transfer such Common Shares in accordance with the terms of the notice delivered to Atria. Each certificate evidencing the Common Shares transferred as above provided shall bear the appropriate restrictive legend set forth in Section 2.2, except that such certificate shall not bear such restrictive legend if in the opinion of counsel for Atria such legend is not required in order to establish compliance with any provisions of the Securities Act or applicable state securities laws.
Limited Right to Transfer. Subject to the provisions of applicable state and federal securities law, Seller may sell, transfer, dispose of or put (under Section 1.5.2.3) no more than 25,000 Shares of the Stock, in the aggregate, beginning on the first anniversary of the Closing Date. 25,000 additional Shares of the Stock, in the aggregate, may be sold, transferred, disposed of or put (under Section 1.5.
Limited Right to Transfer. At no further cost, Spinnaker or Spinco, as applicable, shall have a one-time right to transfer a copy (in the appropriate form) of any Standard Data or Enhanced Data covering not more than an aggregate of 568.6 Blocks in connection with all such transfers, each such transfer being to a single "Qualified Transferee" with whom such party has entered into one or more joint ventures or other contractual arrangements (which arrangements may include additional Persons, but no such additional Persons shall be a Qualified Transferee in respect of the Block in question) providing for joint contractual interests in all or any part of such Block, or a Block contiguous on one side with such Block. Any such transfer shall cover Data in groups of Blocks
