No Transfers Without Consent. An employee will not be required to permanently transfer to a different point of assembly without his/her consent unless according to Article 1.7.
No Transfers Without Consent. An employee, except an Assistant Manager, will not be required to permanently transfer to a different point of assembly without consent unless according to Article I Assistant Managers' transfers will be limited to one transfer per day period, except by mutual agreement. An Assistant Manager may refuse a transfer under this Article by changing their status to a full-time lane inspector.
No Transfers Without Consent. No Limited Partner may transfer, assign, encumber, hypothecate or otherwise convey all or any portion of such Limited Partner’s interest in the Partnership without the prior written consent of the General Partner and Major Decision Approval; provided, however, any Limited Partner may transfer, assign or otherwise convey all or any portion of its interest in the Partnership to any affiliate of such Limited Partner without having to obtain the prior written consent of any Partner or other person.
No Transfers Without Consent. No Partner may transfer or encumber all or any portion of such Partner's interest in the Partnership without the prior written consent of the Management Committee; provided, however, that Olympus may transfer all or any portion of its interest in the Partnership to an Affiliate of Olympus Real Estate Corporation without the consent of FM. Additionally, any interest in the Partnership held by Olympus or its Affiliates may be transferred in the exercise of rights of the limited partners of Olympus Real Estate Fund II, L.P. ("Fund II") to remove the general partner under the limited partnership agreement of Fund II.
No Transfers Without Consent. No Unitholder may assign, sell, dispose of, exchange, convey, gift, or otherwise transfer or pledge, hypothecate, mortgage, or otherwise encumber, whether voluntarily, involuntarily, by operation of law, or otherwise, any Unit or any right, title, or interest therein or thereto (collectively, "Transfer") without the prior written consent of a majority in interest of the Unitholders.
No Transfers Without Consent. Prior to the payment of the Preferred Equity Redemption Amount to the Preferred Members, none of the Common Members may make an assignment, transfer, or other disposition (voluntarily, involuntarily or by operation of law) (a “Transfer”) of all or any portion of its Membership Interest, nor permit a Transfer of direct or indirect interests in all or any portion of its Membership Interest, nor pledge, mortgage, hypothecate, grant a security interest in, or otherwise encumber (an “Encumbrance”) all or any portion of its Membership Interest, nor permit an Encumbrance of direct or indirect interests in all or any portion of its Membership Interest, without the prior written consent of the Manager and a majority in interest of the Preferred Members, which consent may be granted or withheld by any Preferred Member in its sole and absolute discretion. Notwithstanding the foregoing:
(i) Solely to the extent that the same is permitted by the terms of the Master Credit Facility Documents, any Preferred Member may cause or permit a Transfer or Encumbrance respecting all or a portion of its Membership Interest, or any direct or indirect interest therein, and ownership interests in any Preferred Member may be transferred or encumbered, without the consent of the Manager or the Common Members but subject to the terms and provisions of the Master Credit Facility Documents (including without limitation provisions thereof relating to notice of Transfers or Encumbrances), provided that in the event of a Transfer or Encumbrance, such Transfer or Encumbrance results in such Membership Interest being directly or indirectly Actually Controlled by, or under common Actual Control with such Preferred Member, Highland Capital Management, L.P., NexPoint Advisors, L.P., NexBank Capital, Inc., and/or NREF. Notwithstanding anything contained herein to the contrary, the transferring Member shall bear all costs associated with any Transfer, including, without limitation, any fees or other expenses payable in accordance with the Master Credit Facility.
