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.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (HNR Acquisition Corp.), Limited Liability Company Agreement (Verde Clean Fuels, Inc.)
Transfer to Subsidiary. Subject to compliance with the other provisions of this Article VIIArticle VIII, the Manager Managing Member 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 Managing Member without the consent of any Member and may designate the transferee to become the new Manager Managing Member for all purposes of this Agreement.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (GEN Restaurant Group, Inc.), Limited Liability Company Agreement (Zevia PBC), Limited Liability Company Agreement (Zevia PBC)
Transfer to Subsidiary. Subject to compliance with the other provisions of this Article VII, the Manager Managing Member 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 Managing Member without the consent of any Member and may designate the transferee to become the new Manager Managing Member for all purposes of this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)
Transfer to Subsidiary. Subject to compliance with the other provisions of this Article 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.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Swiftmerge Acquisition Corp.), Limited Liability Company Agreement (Swiftmerge Acquisition Corp.)
Transfer to Subsidiary. Subject to compliance with the other provisions of this Article VIIVIII, the Manager Managing Member 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 Managing Member without the consent of any Member and may designate the transferee to become the new Manager Managing Member for all purposes of this Agreement.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Viant Technology Inc.)
