Restrictions on the Disposition of an Interest. (a) No Class B Limited Partner may Dispose of all or part of its interest in the Partnership without the prior written consent (which may be given or withheld in its sole discretion) of the General Partner, and then only after Sections 3.03(c), (d) and (e) have been complied with, except that a Class B Limited Partner may Dispose of all of its interest upon the death of such Class B Limited Partner or upon becoming a Bankrupt Partner, but in each case only after compliance with Sections 3.03(c), (d) and (e). Neither the General Partner nor the Class A Limited Partner may Dispose of all or a part of its interest in the Partnership to a Person who is not an Affiliate of Xxxxxx without the prior written consent of a Required Interest, and then only after Sections 3.03(c), (d) and (e) have been complied with.
Restrictions on the Disposition of an Interest. (a) Except as provided in this Section 3.2 and the Exchange Agreement, a Disposition by a Member of all or any part of a Membership Interest may be effected only with the prior express written consent of each other Member. Any attempted Disposition by a Person of a Membership Interest, or any part thereof, other than in accordance with this Section 3.2 or the terms of the Exchange Agreement is void and the Company shall not recognize it.
Restrictions on the Disposition of an Interest. (a) A Disposition of an interest in the Company may not be effected without the consent of all Members. Any attempted Disposition
Restrictions on the Disposition of an Interest. (a) Except as specifically provided in this Section 3.2, a Disposition of a Membership Interest by a Member may not be effected. Any attempted Disposition by a Person of a Membership Interest, or any part thereof, in or in respect of the Company other than in accordance with this Section 3.2 shall be, and is hereby declared, null and void ab initio.
Restrictions on the Disposition of an Interest. (a) A disposition of an interest in the Company may not be effected without the consent of the Member.
Restrictions on the Disposition of an Interest. (a) Except as specifically provided in this section, a Disposition of an interest in the Company may not be effected without the consent of all Members. Any assignee who becomes a Member has, to the extent assigned, the rights and powers and is subject to the restrictions and liabilities of a Member under this Operating Agreement and the Act. Unless otherwise provided by this Operating Agreement, an assignee who becomes a Member, subject to unanimous vote consistent with Article III, Section 17, also is liable for the obligations of the assignor to the extent he assignor has made such obligation. Assignor shall remain obligated to make contributions which existed as of the date of the assignment. Assignor shall remain obligated under this Operating Agreement for those obligations which were known as of the date of assignment.
Restrictions on the Disposition of an Interest. (a) Except as specifically provided in this Section 3.02, no Disposition of a Partnership Interest shall be effected without the consent of the General Partner and the Limited Partner.
Restrictions on the Disposition of an Interest. (a) Except as specifically provided in this Section 3.2, a Disposition of an interest in the Company may not be effected without the consent of (i) a majority of the Managers who are Members (excluding any Manager who is making such Disposition), or (ii) if there are not Managers of the type described in clause (i), a Required Interest; provided, however, that no Disposition may be made to a Person that is a competitor of SF Holdings, Inc. (as defined in Section 3.2(b)). Any attempted Disposition by a Person of an interest or right, or any part thereof, in or in respect of the Company other than in accordance with this Section 3.2 shall be, and is hereby declared, null and void AB INITIO.
Restrictions on the Disposition of an Interest. (a) Except as specifically provided in this Section 3.02, no Disposition of a Partnership Interest shall be effected without the consent of the Managing General Partner and a Required Interest. Any attempted Disposition by a Person of a Partnership Interest, or any part thereof, other than in accordance with this Section 3.02 shall be null and void ab initio.
Restrictions on the Disposition of an Interest. (a) No Limited Partner may Dispose of all or part of its interest in the Partnership without the prior written consent (which may be given or withheld in its sole discretion) of the General Partner, and then only after Sections 3.03(c), (d) and (e) have been complied with, except that a Limited Partner may Dispose of all of its interest upon the death of such Limited Partner or upon becoming a Bankrupt Partner, but in each case only after compliance with Sections 3.03(c), (d) and (e). The General Partner may not Dispose of all or a part of its interest in the Partnership without the prior written consent of a Required Interest, and then only after Sections 3.03(c), (d) and (e) have been complied with.
