Common use of Transfer and Assignment of Interests Clause in Contracts

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 its Membership Interest (collectively, "transfer") except with the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members.

Appears in 1 contract

Samples: Operating Agreement

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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 its his or her Membership Interest (collectively, "transfer") except with the prior approval of all Membersthe Manager, which approval may be given or withheld in the manager's sole discretion of the Membersdiscretion.

Appears in 1 contract

Samples: Operating Agreement (CPC of America Inc)

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 its Membership Interest (collectively, "transfer") except with with, the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members.

Appears in 1 contract

Samples: Operating Agreement (Usopn Inc)

Transfer and Assignment of Interests. No Member Members shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of its his or her Membership Interest (collectively, "β€œtransfer"”) except with the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members.

Appears in 1 contract

Samples: Operating Agreement

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 its his or her Membership Interest (collectively, "transfer") except with the prior approval of all Membersthe Manager, which approval may be given or withheld in the manager's sole discretion of the Membersdiscretion.

Appears in 1 contract

Samples: Operating Agreement (CPC of America Inc)

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Transfer and Assignment of Interests. 6.1 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 its his or her Membership Interest (collectively, "''transfer"'') except with the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members.

Appears in 1 contract

Samples: Operating Agreement

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 its his or her Membership Interest (collectively, "transferTransfer") except with the prior written approval of all Members, which approval may be given or withheld in the sole discretion withheld, conditioned or delayed, as each of the Membersother Members may determine in their sole and absolute discretion.

Appears in 1 contract

Samples: Operating Agreement (Rodgers Craig)

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 its his or her Membership Interest (collectively, "transfer") except with the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members.

Appears in 1 contract

Samples: Operating Agreement

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