Transfer to Subsidiary. Subject to compliance with the other provisions of this Article VII, the Manager may Transfer all of its Units at any time to any Person that is, at the time of such Transfer, a direct or indirect wholly owned Subsidiary of the Manager without the consent of any Member and may designate the transferee to become the new Manager for all purposes of this Agreement.
Transfer to Subsidiary. Notwithstanding anything in this Section 3.4 to the contrary, Purchaser may transfer and assign its rights and obligations under this Agreement to one or more of its Wholly-owned Subsidiaries, provided that any such Subsidiary shall agree to become bound by the terms of this Agreement, including the representations and warranties contained in this Section 3.4, and provided, further that Purchaser shall remain liable for the performance of its obligations hereunder notwithstanding any such assignment.
Transfer to Subsidiary. Subject to compliance with the other provisions of this Article VII, the General Partner may Transfer all of its Interests at any time to any Person that is, at the time of such Transfer, a direct or indirect wholly owned Subsidiary of the General Partner without the consent of any Partner and may designate the transferee to become the new General Partner for all purposes of this Agreement.
Transfer to Subsidiary. A Member may Transfer all, but not less than all, of its Interest to a wholly-owned subsidiary of such Member if, prior to the Transfer, the transferee agrees in writing to be bound by and subject to all of the transferor’s obligations under this Agreement as if the transferee were the transferor and an original party hereto (provided that the transferee shall have only the transferor’s rights to allocations and distributions in accordance with this Agreement and shall not become or have any of the rights of a substituted Member absent the consent to the Transfer of a Majority in Interest of the Members).
Transfer to Subsidiary. Notwithstanding anything in this Section 3.3 to the contrary, Purchaser may transfer and assign to its rights and obligations under this Agreement to one or more of its wholly-owned Subsidiaries, provided that any such Subsidiary shall have executed an investment letter containing the representations, and warranties contained in this Section 3.3.
Transfer to Subsidiary. In the event that Executive is transferred to an RCSB Entity other than the Bank, the Bank agrees that this Agreement shall be amended in such manner as may be necessary or appropriate to ensure that this Agreement will continue to provide Executive with the benefits and protections intended to be provided hereby.
Transfer to Subsidiary. Notwithstanding Section 4.1.1, Grantee may form a wholly owned subsidiary and assign its rights under this Agreement to such subsidiary without prior consent the City Council; provided, however, that Grantee shall provide notice of such assignment and full disclosure to the Commissioner of the Department of the Environment and the Corporation Counsel as to the nature of such subsidiary within thirty (30) days of such assignment.
Transfer to Subsidiary. The Purchaser shall have transferred to the Subsidiary the Purchaser Excluded Assets as provided for in Section 1.4 hereof, and Sellers hereby approve of such transfer.
Transfer to Subsidiary. The Buyer may transfer or assign this Agreement to any of its subsidiaries at any such time after the date above set forth.
