Transfers by Special Member. Notwithstanding Section 11.2(a), the Board of Managers will not unreasonably withhold its consent to the Transfer of the Special Member’s Interest, including the assignment of any distributions, to an Affiliate.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Excelsior Private Markets Fund III (TE), LLC), Limited Liability Company Agreement (Excelsior Private Markets Fund III (Master), LLC), Limited Liability Company Agreement (Excelsior Private Markets Fund III (TI), LLC)
Transfers by Special Member. Notwithstanding Section 11.2(a)) hereof, the Board of Managers will not unreasonably withhold its consent to the Transfer of the Special Member’s InterestUnits, including the assignment of any distributions, to an Affiliate.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV Holdings LLC), Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV (TE) - Client LLC), Limited Liability Company Agreement (NB Crossroads Private Markets Fund IV (TI) - Client LLC)
Transfers by Special Member. Notwithstanding Section 11.2(a), the Board of Managers will not unreasonably withhold its consent to the Transfer of the Special Member’s Interest, including the assignment of any distributions, to an Affiliate.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (UST Global Private Markets Fund, LLC)
