Recognition of Transfer. (a) The Company shall not recognize for any purpose any purported Transfer of all or any portion of the Member’s Interest (including some or all of its rights or obligations hereunder) and no transferee of all or any portion of such Interest shall be admitted as a Member hereunder unless:
Appears in 4 contracts
Samples: Operating Agreement (Acadia Realty Trust), Operating Agreement (Acadia Realty Trust), Operating Agreement (Acadia Realty Trust)
Recognition of Transfer. (a) The Company shall not recognize for any purpose any purported Transfer of all or any portion of the Member’s Interest Units (including some or all of its a Member’s rights or obligations hereunder) and no transferee of all or any portion of such Interest shall be admitted as a Member hereunder unless:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Capital Trust Inc)
Recognition of Transfer. (a) The Company shall not recognize for any purpose any purported Transfer of all a Membership Interest or any portion of the Member’s a Contingent Interest (including some or all of its a Member’s rights or obligations hereunder) and no transferee of all or any portion of such Interest shall be admitted as a Member hereunder unless:
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Barrington Quincy LLC)
