Common use of Transfer of Interests of Special Advisory Member Clause in Contracts

Transfer of Interests of Special Advisory Member. The Adviser may not Transfer its Interest as the Special Advisory Member.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (HSBC Absolute Return Portolio LLC), Limited Liability Company Agreement (Ubs Pw Technology Partners LLC), Limited Liability Company Agreement (Curan Fund LLC)

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Transfer of Interests of Special Advisory Member. The Adviser may not Transfer transfer its Interest as the Special Advisory Member, except to an Affiliate of the Adviser. Any such Transfer shall be subject to approval by the Board of Managers.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Bacap Alternative Mult Strategy Fund LLC), Limited Liability Company Agreement (Arden Registered Institutional Advisers LLC), Limited Liability Company Agreement (Bacap Alternative Mult Strategy Fund LLC)

Transfer of Interests of Special Advisory Member. The Adviser Special Advisory Member may not Transfer its Interest as the Special Advisory Member, except to an Affiliate of the Adviser and only with the written consent of the Board of Managers.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Susa Registered Fund, L.L.C.), Limited Liability Company Agreement (Global Chartist Fund, LLC)

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Transfer of Interests of Special Advisory Member. The Adviser may not Transfer its Interest as the Special Advisory Membermember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Phoenix LJH Advisors Fund LLC)

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