Common use of Transfer of Interest Clause in Contracts

Transfer of Interest. The Interest is personal property and may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

Appears in 53 contracts

Samples: Operating Agreement (SC Sonoma Management, LLC), Operating Agreement (SC Sonoma Management, LLC), Operating Agreement (SC Sonoma Management, LLC)

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Transfer of Interest. The Interest of the Member is personal property property, and such Interest may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, issued or transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2if applicable.

Appears in 18 contracts

Samples: Operating Agreement (Areh MLK LLC), Limited Liability Company Agreement (Ace Gaming LLC), Limited Liability Company Agreement (St Louis Casino Corp)

Transfer of Interest. The Interest of the Member is personal property property, and such Interest may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, issued or transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

Appears in 9 contracts

Samples: Operating Agreement (Pinnacle Entertainment Inc), Operating Agreement (Wynn Las Vegas Capital Corp), Operating Agreement (Wynn Resorts LTD)

Transfer of Interest. The Interest is personal property and may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

Appears in 7 contracts

Samples: Operating Agreement (Affinity Gaming), Operating Agreement (Affinity Gaming), Operating Agreement (Affinity Gaming)

Transfer of Interest. The Interest is personal property property, and such Interest may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, issued or transferred or pledged in any manner whatsoever except in compliance with all Gaming Licenses of the Company and applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

Appears in 5 contracts

Samples: Operating Agreement (Harrah's Atlantic City Operating Company, LLC), Operating Agreement (New Gaming Capital Partnership), Operating Agreement (Aquarius Gaming LLC)

Transfer of Interest. The Interest of the Member is personal property property, and that Interest may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, issued or transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

Appears in 2 contracts

Samples: Operating Agreement (Majestic Investor Capital Corp), Operating Agreement (Majestic Star Casino LLC)

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Transfer of Interest. The Interest is personal property property, and such Interest may be transferred transferred, assigned, pledged, conveyed or assignedotherwise disposed of, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, transferred transferred, assigned, pledged, conveyed or pledged otherwise disposed of, in any manner whatsoever except whatsoever, unless all required Gaming Licenses have been obtained and in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

Appears in 2 contracts

Samples: Operating Agreement (Aquarius Gaming LLC), Operating Agreement (Aquarius Gaming LLC)

Transfer of Interest. The Interest is personal property property, and such Interest may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

Appears in 1 contract

Samples: Operating Agreement (Wynn Las Vegas LLC)

Transfer of Interest. The Interest is personal property property, and such Interest may be transferred transferred, assigned, pledged, conveyed or assignedotherwise disposed of, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, transferred transferred, assigned, pledged, conveyed or pledged otherwise disposed of, in any manner whatsoever except unless all required Gaming Licenses have been obtained and in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Aquarius Gaming LLC)

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