Common use of Private Sales Clause in Contracts

Private Sales. (i) Subject to prior compliance with the right of first refusal contained herein a Member may transfer all or a portion of its Interest which portion is not less than 50% of the original Interest owned by it.

Appears in 7 contracts

Samples: Operating Agreement, Operating Agreement (Sbarro Express LLC), Operating Agreement (Sbarro Express LLC)

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Private Sales. (i) Subject to prior compliance with the right of first refusal contained herein a Member may transfer transfer, all or a portion of its Interest which portion is not less than 50% of the original Interest owned by it.

Appears in 1 contract

Samples: Operating Agreement (Sbarro Express LLC)

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Private Sales. (i) Subject to prior compliance with the right of first refusal contained herein a Member may transfer transfer-all or a portion of its Interest which portion is not less than 50% of the original Interest owned by it.

Appears in 1 contract

Samples: Operating Agreement (Sbarro Express LLC)

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