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)
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)
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)