Common use of Transfer of Interests Clause in Contracts

Transfer of Interests. The Member may sell, assign, transfer, convey, gift, exchange or otherwise dispose of any or all of its Common Interests and any assignee of the Common Interests shall be admitted as a member of the Company upon execution of a Joinder Agreement.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Gyrodyne, LLC), Limited Liability Company Agreement (MRS Fields Financing Co Inc), Limited Liability Company Agreement (MRS Fields Financing Co Inc)

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Transfer of Interests. The Member may sell, assign, transfer, convey, gift, exchange or otherwise dispose of any or all of its Common Interests and any assignee and, upon receipt by the Company of a written agreement executed by the person or entity to whom such Common Interests are to be transferred agreeing to be bound by the terms of this Agreement, such person shall be admitted as a member of the Company upon execution of a Joinder Agreementmember.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cooke Bros Holdings LTD), Limited Liability Company Agreement (DS Services of America, Inc.)

Transfer of Interests. The Member may sell, convey, assign, transfer, conveypledge, gift, exchange grant a security interest in or otherwise dispose of any or all of its Common Interests and any assignee and, upon receipt by the Company of a written agreement executed by the person or entity to whom such Common Interests are to be transferred agreeing to be bound by the terms of this Agreement, such person shall be admitted as a member of the Company upon execution of a Joinder Agreementmember.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (TRAC Intermodal LLC), Limited Liability Company Agreement (TRAC Intermodal LLC)

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Transfer of Interests. The Member member may sell, convey, assign, transfer, conveypledge, gift, exchange grant a security interest in or otherwise dispose of any or all of its Common Interests and any assignee and, upon receipt by the Company of a written agreement executed by the person or entity to whom such Common Interests are to be transferred agreeing to be bound by the terms of this Agreement, such person shall be admitted as a member of the Company upon execution of a Joinder Agreementmember.

Appears in 1 contract

Samples: Limited Liability Company Agreement (TRAC Intermodal LLC)

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