Transfers by Interest Holder Sample Clauses

Transfers by Interest Holder. 64 8.2.2 Transfers by Inheritance, etc..........................................................65 8.2.3 Interest Transfers............................................................................65 8.2.4 Definitions......................................................................................65 Section 8.3 Cost and Expenses...................................................................65 Section 8.4 Compliance with other Covenants...........................................66 ARTICLE 9: SALE AND SECURITIZATION OF MORTGAGE...........................66 Section 9.1 Sale of Mortgage and Securitization........................................66 Section 9.2 Securitization Indemnification.................................................69 Section 9.3 Severance Documentation.......................................................72 Section 9.4 Secondary Market Transaction Costs.......................................73 ARTICLE 10: DEFAULTS..........................................................................................73 Section 10.1 Event of Default.......................................................................73 Section 10.2 Remedies..................................................................................76 Section 10.3 Lender’s Right to Perform.......................................................77 Section 10.4 Remedies Cumulative..............................................................77 ARTICLE 11: MISCELLANEOUS............................................................................78 Section 11.1 Successors and Assigns............................................................78 Section 11.2 Lender’s Discretion..................................................................78 Section 11.3 Governing Law.........................................................................78 Section 11.4 Modification, Waiver in Writing..............................................80 Section 11.5 Delay Not a Waiver..................................................................80 Section 11.6 Notices.....................................................................................80 Section 11.7 Trial by Jury.............................................................................81 Section 11.8 Headings..................................................................................81 Section 11.9 Severability..............................................................................82 Section 11.10 Preference...
Sample 1
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Transfers by Interest Holder. Notwithstanding anything to the contrary contained in this Agreement, holders of interests in any Borrower (or holders of interests in any entity directly or indirectly holding an interest in any Borrower) as of the date of this Agreement (the “Interest Holders”) shall have the right to transfer their interest in Borrowers (or any entity directly or indirectly holding an interest in Borrowers) to another person or entity who is not an Interest Holder, including, without limitation, to immediate family members for estate planning purposes, without Lender’s consent; provided, however, that:
Sample 1
Transfers by Interest Holder. Notwithstanding anything to the contrary contained in this Agreement, holders of direct or indirect interests in any Restricted Party (the “Interest Holders”) shall have the right to transfer their direct or indirect interests in such Restricted Party to another Person, including, without limitation, to immediate family members for estate planning purposes, without Lender’s consent; provided, however, that:
Sample 1

Related to Transfers by Interest Holder

  • Transfers by Members No holder of Units shall Transfer any interest in any Units, except Transfers (a) pursuant to and in accordance with Sections 10.02 and 10.09 or (b) approved in advance and in writing by the Manager, in the case of Transfers by any Member other than the Manager, or (c) in the case of Transfers by the Manager, to any Person who succeeds to the Manager in accordance with Section 6.04. Notwithstanding the foregoing, “Transfer” shall not include (i) an event that terminates the existence of a Member for income tax purposes (including, without limitation, a change in entity classification of a Member under Treasury Regulations Section 301.7701-3, a sale of assets by, or liquidation of, a Member pursuant to an election under Code Sections 336 or 338, or merger, severance, or allocation within a trust or among sub-trusts of a trust that is a Member), but that does not terminate the existence of such Member under applicable state Law (or, in the case of a trust that is a Member, does not terminate the trusteeship of the fiduciaries under such trust with respect to all the Units of such trust that is a Member) or (ii) any indirect Transfer of Units held by the Manager by virtue of any Transfer of Equity Securities in the Corporation.

  • 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.

  • Transfers of Limited Partnership Interests 9.1 Restrictions on Transfer of Limited Partnership Interests.

  • Assignments and Transfers by Investors The provisions of this Agreement shall be binding upon and inure to the benefit of the Investors and their respective successors and assigns. An Investor may transfer or assign, in whole or from time to time in part, to one or more persons its rights hereunder in connection with the transfer of Registrable Securities by such Investor to such person, provided that such Investor complies with all laws applicable thereto and provides written notice of assignment to the Company promptly after such assignment is effected.

  • Transfer of Membership Interests (a) The Member may transfer its Membership Interest, in whole but not in part, but the transferee shall not be admitted as a Member except in accordance with Section 6.07. Until the transferee is admitted as a Member, the Member shall continue to be the sole member of the Company (subject to Section 1.02) and to be entitled to exercise any rights or powers of a Member of the Company with respect to the Membership Interest transferred.

  • Transfer of Beneficial Interests in the Same Global Note Beneficial interests in any Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in a Global Note. No written orders or instructions will be required to be delivered to the Registrar to effect the transfers described in this Section 2.06(b)(1).

  • Transfers of Partnership Interests Except as the Partners may otherwise agree from time to time, a Partner may not Transfer all or any part of its Partnership Interest without the Consent of each other Partner, which Consent may be withheld in the sole discretion of each such other Partner.

  • Transfers of Membership Interests Except as set forth in this Article 9 or elsewhere in this Agreement, no Investor may Transfer all or any part of such Investor’s Shares; provided, however, that an Investor may, with the prior written consent of the Manager, which consent may be withheld or denied for any reason, and upon compliance with this Article 9, Transfer all or a portion of such Investor’s Shares. In the case of any attempted or purported Transfer of a Share not in compliance with this Agreement, the transferring Investor may be designated as a “Defaulting Member”. Notwithstanding the foregoing, unless agreed to by the Manager in writing, no Investor may enter into, create, sell or Transfer any financial instrument or contract the value of which is determined in whole or in part by reference to the Fund (including the amount of Fund distributions, the value of the Fund Assets, or the results of Fund operations), within the meaning of Section 1.7704-1(a)(2)(i)(B) of the Regulations.

  • Transfer of Partnership Interests The foregoing power of attorney shall survive the delivery of an instrument of transfer by any Partner of the whole or any portion of or interest in its Partnership Interest, except that (i) where a Partner becomes a Former Partner, or (ii) where a Transferee of such Partnership Interest has been approved as a successor Partner and the Transferor shall thereupon cease being a Partner (all in accordance with this Agreement), then the power of attorney of the Former Partner or the Transferor Partner, as the case may be, shall survive the cessation of Partner status or the delivery of such instrument of transfer, as the case may be, for the sole purpose of enabling the attorneys-in-fact for such Former Partner or the Transferor Partner (or any of them) to execute, swear to, acknowledge and file any and all instruments necessary to effectuate or reflect such cessation, transfer and succession.

  • Transfers and Pledges This Agreement shall not impose any restriction on the right of the Member to sell, transfer, assign, dispose of or pledge as collateral any membership interest of the Company.

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