Common use of Transfer of Members' Interests Clause in Contracts

Transfer of Members' Interests. No Member shall sell, assign, transfer or otherwise dispose of, or mortgage, hypothecate, pledge or otherwise encumber, or permit or suffer any encumbrance of, all or any part of its interest in the Company, or any interest therein; provided, however, that each Member may pledge its interest in the Company to any lender making a loan secured, in whole or in part, by a mortgage or deed of trust on the Property.

Appears in 23 contracts

Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture)

AutoNDA by SimpleDocs

Transfer of Members' Interests. No Member shall sell, assign, transfer or otherwise dispose of, or mortgage, hypothecate, pledge or otherwise encumber, or permit or suffer any encumbrance of, all or any part of its interest in the Company, or any interest therein; provided, however, that each Member may pledge its interest in the Company to any lender making a loan secured, in whole or in part, by a mortgage or deed of trust on the Property.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture)

Transfer of Members' Interests. No Member shall sell, assign, transfer or otherwise dispose of, or mortgage, hypothecate, pledge or otherwise encumber, or permit or suffer any encumbrance of, all or any part of its interest in the Company, or any interest therein; provided, however, that each Member may pledge its interest in the Company to any lender making a loan secured, in whole or in part, by a mortgage or deed of trust on the Property.interest

Appears in 5 contracts

Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture)

Transfer of Members' Interests. No Member shall sell, assign, transfer or otherwise dispose of, or mortgage, hypothecate, pledge or otherwise encumber, or permit or suffer any encumbrance of, all or any part of its interest in the Company, or any interest therein; provided, however, that each Member may pledge its interest in the Company to any lender making a loan secured, in whole or in part, by a mortgage or deed of trust on the Property.;

Appears in 2 contracts

Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture)

Transfer of Members' Interests. No Member shall sell, assign, transfer or otherwise dispose of, or mortgage, hypothecate, pledge or otherwise encumber, or permit or suffer any encumbrance of, all or any part of its interest in the Company, or any interest therein; provided, however, that each Member may pledge its interest in the Company to any lender making a loan secured, in whole or in part, by a mortgage or deed of trust on the Property.

Appears in 1 contract

Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture)

AutoNDA by SimpleDocs

Transfer of Members' Interests. No Member shall sell, assign, transfer or otherwise dispose of, or mortgage, hypothecate, pledge or otherwise encumber, or permit or suffer any encumbrance of, all or any part of its interest in the Company, or any interest therein; provided, however, that each Member may pledge its interest in the Company to any lender making a loan secured, in whole or in part, by a mortgage or deed of trust on the Property.to

Appears in 1 contract

Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture)

Transfer of Members' Interests. No Member shall sell, assign, transfer or otherwise dispose of, or mortgage, hypothecate, pledge or otherwise encumber, or permit or suffer any encumbrance of, all or any part of its interest in the Company, or any interest therein; provided, however, that each Member may pledge its interest in the Company to any lender making a loan secured, in whole or in part, by a mortgage or deed of trust on the Property.

Appears in 1 contract

Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture)

Transfer of Members' Interests. No Member shall sell, assign, transfer or otherwise dispose of, or mortgage, hypothecate, pledge or otherwise encumber, or permit or suffer any encumbrance of, all or any part of its interest in the Company, or any interest therein; provided, however, that each Member may pledge its interest in the Company to any lender making a loan secured, in whole or in part, by a mortgage or deed of trust on the Property.. 13 12

Appears in 1 contract

Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture)

Time is Money Join Law Insider Premium to draft better contracts faster.