Transfer by Operation of Law. In the event a Member shall be party to a merger, consolidation or similar business combination transaction with another Person or sell all or substantially all its assets to another Person, such Member may transfer all or part of its Company Interests to such other Person without the approval of any other Member.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Oasis Petroleum Inc.), Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP)
Transfer by Operation of Law. In the event a the Managing Member shall be party to a merger, consolidation or similar business combination transaction with another Person or sell all or substantially all its assets to another Person, such Member may transfer all or part of its Company Interests to such other Person without the approval of any other Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (BP Midstream Partners LP), Contribution, Assignment and Assumption Agreement (BP Midstream Partners LP), Limited Liability Company Agreement (BP Midstream Partners LP)
