Common use of Transfers by the Managing Member Clause in Contracts

Transfers by the Managing Member. Except as otherwise provided in this Agreement, including in Sections 4.11, 4.12, 4.13 and 10.5, the Managing Member may not Transfer all or any part of its Ownership Interest without the Consent of the Members (other than the Managing Member) holding at least a majority of the aggregate Common Units then outstanding and held by such Members.

Appears in 2 contracts

Samples: Operating Agreement (Flyexclusive Inc.), Operating Agreement (EG Acquisition Corp.)

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Transfers by the Managing Member. Except as otherwise provided in this Agreement, including in Sections 4.114.9, 4.124.10, 4.13 4.11 and 10.5, the Managing Member may not Transfer all or any part of its Ownership Interest without the Consent of the Members (other than the Managing Member) holding at least a majority of the aggregate Common Units then outstanding and held by such Members.

Appears in 2 contracts

Samples: Operating Agreement (Sky Harbour Group Corp), Limited Liability Company Operating Agreement (AST SpaceMobile, Inc.)

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