Common use of Transfer Generally Prohibited Clause in Contracts

Transfer Generally Prohibited. No Units shall be Transferred, in whole or in part, except in accordance with the terms and conditions set forth in this Article VIII. Any Transfer or purported Transfer of a Unit not made in accordance with this Article VIII shall be null and void ab initio. Membership Interests shall not be subject to the claims of any creditor, to any spouse for alimony or support, or to legal process, and may not be voluntarily or involuntarily alienated or encumbered except as may be specifically provided for in this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (GEN Restaurant Group, Inc.), Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Zevia PBC)

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Transfer Generally Prohibited. No Units shall be Transferred, in whole or in part, except in accordance with the terms and conditions set forth in this Article VIII. ‎Article VII and ‎Article X. Any Transfer or purported Transfer of a Unit not made in accordance with this Article VIII ‎Article VII or ‎Article X shall be null and void ab initio. Membership Interests Units shall not be subject to the claims of any creditor, to any spouse for alimony or support, or to legal process, process and may not be voluntarily or involuntarily alienated or encumbered except as may be specifically provided for in this Agreement.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (Verde Clean Fuels, Inc.)

Transfer Generally Prohibited. No Units shall be Transferred, in whole or in part, except in accordance with the terms and conditions set forth in this Article VIII. VII and (where applicable) Article X. Any Transfer or purported Transfer of a Unit not made in accordance with this Article VIII VII and (where applicable) Article X shall be null and void ab initio. Membership Interests Units shall not be subject to the claims of any creditor, to any spouse for alimony or support, or to legal process, process and may not be voluntarily or involuntarily alienated or encumbered except as may be specifically provided for in this Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Zeo Energy Corp.), Letter Agreement (ESGEN Acquisition Corp), Letter Agreement (ESGEN Acquisition Corp)

Transfer Generally Prohibited. No Units shall be Transferred, in whole or in part, except in accordance with the terms and conditions set forth in this Article VIII‎Article VII and ‎Article XI. Any Transfer or purported Transfer of a Unit not made in accordance with this Article VIII ‎Article VII or ‎Article XI shall be null and void ab initio. Membership Interests Units shall not be subject to the claims of any creditor, to any spouse for alimony or support, or to legal process, process and may not be voluntarily or involuntarily alienated or encumbered except as may be specifically provided for in this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NUSCALE POWER Corp), Limited Liability Company Agreement (Spring Valley Acquisition Corp.)

Transfer Generally Prohibited. No Units shall be Transferred, in whole or in part, except in accordance with the terms and conditions set forth in this Article VIII. VII and Article X. Any Transfer or purported Transfer of a Unit not made in accordance with this Article VIII VII or Article X shall be null and void ab initio. Membership Interests Units shall not be subject to the claims of any creditor, to any spouse for alimony or support, or to legal process, process and may not be voluntarily or involuntarily alienated or encumbered except as may be specifically provided for in this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Swiftmerge Acquisition Corp.), Limited Liability Company Agreement (Swiftmerge Acquisition Corp.)

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Transfer Generally Prohibited. No Units shall be Transferred, in whole or in part, except in accordance with the terms and conditions set forth in this Article VIII‎Article VII and ‎Article XI. Any Transfer or purported Transfer of a Unit not made in accordance with this Article VIII ‎Article VII or ‎Article XI shall be null and void ab initio. Membership Interests shall not be subject to the claims of any creditor, to any spouse for alimony or support, or to legal process, and may not be voluntarily or involuntarily alienated or encumbered except as may be specifically provided for in this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)

Transfer Generally Prohibited. No Units shall be Transferred, in whole or in part, except in accordance with the terms and conditions set forth in this Article ‎Article VIII. Any Transfer or purported Transfer of a Unit not made in accordance with this Article ‎Article VIII shall be null and void ab initio. Membership Interests shall not be subject to the claims of any creditor, to any spouse for alimony or support, or to legal process, and may not be voluntarily or involuntarily alienated or encumbered except as may be specifically provided for in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Viant Technology Inc.)

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