Common use of Transfer to a Successor Clause in Contracts

Transfer to a Successor. In the event of any Transfer of all or any part of the Member’s Interest to a Successor, the Successor shall immediately thereupon and without further action become a Member with all rights, powers and privileges associated herewith and the Company shall be continued.

Appears in 72 contracts

Samples: Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.)

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Transfer to a Successor. In the event of any Transfer of all or any part of the Member’s Interest to a Successor, the Successor shall immediately thereupon and without further action become a Member with all rights, powers and privileges associated herewith and the Company shall be continued.

Appears in 5 contracts

Samples: Operating Agreement (Rebuild Miami-Edgewater, LLC), Operating Agreement (Ruth's Chris Steak House Texas, L.P.), Operating Agreement (HSI IP, Inc.)

Transfer to a Successor. In the event of any Transfer of all or any part of the Member’s Interest to a Successor, the Successor shall immediately thereupon and without further action become a Member with all rights, powers and privileges associated herewith and the Company shall be continued.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Transfer to a Successor. In the event of any Transfer of all or any part of the Member’s 's Interest to a Successor, the Successor shall immediately thereupon and without further action become a Member with all rights, powers and privileges associated herewith and the Company shall be continued.

Appears in 2 contracts

Samples: Operating Agreement (Crystal Park Hotel & Casino Development Co LLP), Operating Agreement (Eacc Camps Inc)

Transfer to a Successor. In the event of any Transfer of all or any part of the Member’s Interest to a 11. Successor, the Successor shall immediately thereupon and without further action become a Member with all rights, powers and privileges associated herewith and the Company shall be continued.

Appears in 1 contract

Samples: Operating Agreement (Trestle Transport, Inc.)

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Transfer to a Successor. In the event of any Transfer of all or any part of the MemberOwner’s Interest to a Successor, the Successor shall immediately thereupon and without further action become a Member with all rights, powers and privileges associated herewith and the Company shall be continued.

Appears in 1 contract

Samples: Operating Agreement

Transfer to a Successor. In the event of any Transfer of all or any part of the a Member’s Interest to a Successor, the Successor shall immediately thereupon and without further action become a Member with all rights, powers and privileges associated herewith and the Company shall be continued.

Appears in 1 contract

Samples: Operating Agreement (Trestle Transport, Inc.)

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