Transfer of Membership Interest. The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.
Appears in 39 contracts
Samples: Operating Agreement (Sabra Phoenix TRS Venture, LLC), Limited Liability Company Agreement (Sabra Phoenix TRS Venture, LLC), Operating Agreement (Sabra Phoenix TRS Venture, LLC)
Transfer of Membership Interest. The Sole Member Members may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”"MEMBERSHIP INTEREST") now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company; provided, however, that any Person that is a transferee of a Membership Interest as a result of an assignment thereof shall only become a Member of the Company upon the written approval of the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Brooks Pharmacy, Inc.)
Transfer of Membership Interest. The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”"MEMBERSHIP INTERESTS") now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.
Appears in 1 contract
Samples: Limited Liability (Sanford Recycling & Transfer, Inc.)
