Common use of Registration of Limited Liability Company Interests Clause in Contracts

Registration of Limited Liability Company Interests. The Company shall maintain books for the purpose of registering the transfer of limited liability company interests. Notwithstanding any provision of this Agreement to the contrary, a transfer of limited liability company interests requires delivery of an endorsed Certificate and shall be effective upon registration of such transfer in the books of the Company.

Registration of Limited Liability Company Interests. The Company shall maintain books for the purpose of registering the transfer of limited liability company interestsinterests in the Company. Notwithstanding any provision of this Agreement to the contrary, a transfer of limited liability company interests in the Company requires delivery of an endorsed Certificate and shall be effective upon registration of such transfer in the books of the Company.