Common use of Transfer by Members Clause in Contracts

Transfer by Members. Members may only Transfer or Pledge their Units or other interests or rights in the Company, in whole or in part, pursuant to and in accordance with Section 7.4(c) and the Exchange Agreement. Any purported Transfer or Pledge of all or a portion of a Member’s Units or other interests in the Company not complying with this Section 7.3 shall be void and shall not create any obligation on the part of the Company or the other Members to recognize that Transfer or Pledge or to deal with the Person to which the Transfer or Pledge purportedly was made.

Transfer by Members. Members In addition to any approval required by Section 7.4, no Member may only Transfer or Pledge their Units all or any portion of its Units, Equity Securities or other interests or rights in the Company, Company in whole a transaction or in part, pursuant to and in accordance with Section 7.4(c) and the Exchange Agreementseries of related transactions that constitutes a Prohibited Transfer. Any purported Transfer or Pledge of all or a portion of a Member’s Units or other interests in the Company not complying with this Section 7.3 8.4 and Section 8.5 shall be void and shall not create any obligation on the part of the Company or the other Members to recognize that Transfer or Pledge or to deal with the Person to which the Transfer or Pledge purportedly was made.

Transfer by Members. Members No Member may only Transfer [or Pledge their Units Pledge] all or any portion of its Units, Equity Securities or other interests or rights in the Company, Company in whole a transaction or in part, pursuant to and in accordance with Section 7.4(c) and the Exchange Agreementseries of related transactions that constitutes a Prohibited Transfer. Any purported Transfer or Pledge of all or a portion of a Member’s Units or other interests in the Company not complying with this Section 7.3 8.4 and Section 8.5 shall be void and shall not create any obligation on the part of the Company or the other Members to recognize that Transfer or Pledge or to deal with the Person to which the Transfer or Pledge purportedly was made.

Transfer by Members. Members No Member may only Transfer or Pledge their Units all or any portion of its Units, Equity Securities or other interests or rights in the Company, Company in whole a transaction or in part, pursuant to and in accordance with Section 7.4(c) and the Exchange Agreementseries of related transactions that constitutes a Prohibited Transfer. Any purported Transfer or Pledge of all or a portion of a Member’s Units or other interests in the Company not complying with this Section 7.3 8.4 and Section 8.5 shall be void and shall not create any obligation on the part of the Company or the other Members to recognize that Transfer or Pledge or to deal with the Person to which the Transfer or Pledge purportedly was made.