Requirements for Effectiveness of Transfer Sample Clauses

Requirements for Effectiveness of Transfer. As a condition to recognizing the effectiveness of any proposed Transfer of Units, the Remaining Members may require the Transferor and/or the proposed Transferee, to execute instruments of transfer, assignment and assumption and other documents, and to perform all other acts which the Remaining Members may deem necessary or desirable to:
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Requirements for Effectiveness of Transfer. As a condition to recognizing the effectiveness of any proposed transfer of Membership Interest, the remaining Members
Requirements for Effectiveness of Transfer. Except as otherwise provided herein, as a condition to recognizing the effectiveness and binding nature of any proposed Transfer of Units (and subject to Section 7.5), the admission of the transferee as a Substitute Member, as against the Company or otherwise, a Majority-in-Interest of the non-transferring Voting Members, may require the transferor and/or the proposed transferee to execute instruments of transfer, assignment and assumption and other documents, and to perform all other acts which are deemed necessary or desirable by the non-transferring Voting Members to effectuate the purposes of this Agreement.

Related to Requirements for Effectiveness of Transfer

  • Closing of Transfer Books At the Effective Time, the stock transfer books of the Company shall be closed and no transfer of Shares shall thereafter be made.

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