Common use of Restrictions on Transfer of Units Clause in Contracts

Restrictions on Transfer of Units. (a) No Member may, directly or indirectly, assign, sell, exchange, transfer, pledge, mortgage, hypothecate or otherwise encumber or dispose of all or any part of its Units (a "Transfer") to any Person, other than in accordance with this Article IX.

Restrictions on Transfer of Units. (a) No Member maymay in any manner, directly or indirectly, assign, sell, exchange, transfer, pledge, mortgage, hypothecate or otherwise encumber or dispose of all (any such assignment, sale exchange, transfer, pledge, hypothecation or other disposition of an Interest in the Company, whether by merger, operation of law or otherwise, being herein collectively called a “Transfer”) any part of interest in his, her or its Units (a "Transfer") or other Equity Securities of the Company, if any, to any Person, other than Person except in accordance with this Article IX.X.

Restrictions on Transfer of Units. (a) No Member mayshall assign, sell, transfer, convey, pledge, encumber or otherwise restrict or alienate, whether voluntarily, involuntarily or by operation of law, directly or indirectly, assignany Units except with the approval of the Board, sell, exchange, transfer, pledge, mortgage, hypothecate or otherwise encumber or dispose of all or any part of its Units (a "Transfer") to any Person, other than and then only in accordance with this all applicable securities laws. Exhibit 2 Article IX.

Restrictions on Transfer of Units. (a) No Member may, --------------------------------- directly or indirectly, assign, sell, exchange, transfer, pledge, mortgage, hypothecate or otherwise encumber or dispose of all or any part of its Units (a "Transfer") to any Person, other than in accordance with this Article IX.. --------