Notice of Intended Disposition. In the event a Member desires to accept a bona-fide third-party offer for the Transfer of any or all of the Member's Units (Units subject to such offer to be hereinafter called "Target Units"), such Member shall promptly: 12.5.2.1 deliver to the LLC written notice ("Disposition Notice") of the terms and conditions of the offer, including the purchase price and the identity of the third-party offeror; and 12.5.2.2 Provide satisfactory proof that the disposition of the Target Units to such third-party offeror would not be in contravention of the provisions set forth in Section 12.1.
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Samples: Limited Liability Company Operating Agreement (Alliance Semiconductor Corp /De/), Operating Agreement (Alliance Semiconductor Corp /De/), Limited Liability Company Operating Agreement (Alliance Semiconductor Corp /De/)
