Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, "transfer") except with the prior written consent of the Manager, which consent may be given or withheld, conditioned or delayed, as the Manager may determine in their sole and absolute discretion. Transfers in violation of this Article VII shall only be effective to the extent set forth in Section 7.
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Samples: Operating Agreement (Freedom Securiteis Corp /De/), Operating Agreement (Freedom Securities Corp /De/)
Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, "transfer") except with the prior written consent of the Manager, which consent may be given or withheld, conditioned or delayeddelayed (as allowed by this Agreement or the Act), as the Manager may determine in their its sole and absolute discretion. Transfers in violation of this Article VII shall only be effective to the extent set forth in Section 7.
Appears in 2 contracts
Samples: Operating Agreement (Freedom Securities Corp /De/), Operating Agreement (Freedom Securities Corp /De/)
Transfer and Assignment of Interests. No Except as provided in Sections 6.3 and 6.4, no Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest its interest in the Company (collectively, "transferTRANSFER") except with the prior written consent approval of the Manager, which consent may be given or withheld, conditioned or delayed, as the . The Manager may determine in their sole and absolute discretion. Transfers in violation not transfer its interest without the consent of this Article VII shall only be effective to each of the extent set forth in Section 7other Members.
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Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, "transfer") in Company as a Member except with the prior written consent of the Managerall other Members, which consent may be given or withheld, conditioned or delayed, delayed as the Manager other Members may determine in their sole and absolute discretion. Transfers in violation of this Article VII shall only be effective to the extent set forth in Section 7.
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Samples: Operating Agreement (American Shared Hospital Services)
Transfer and Assignment of Interests. No Except as provided in Section 6.3, no Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest interest in the Company (collectively, "transfer") except with the prior written consent approval of the Manager, which consent may be given or withheld, conditioned or delayed, as the . The Manager may determine in their sole and absolute discretion. Transfers in violation not transfer its interest without the consent of this Article VII shall only be effective to each of the extent set forth in Section 7other Members.
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