Common use of Transfers by Unitholders Clause in Contracts

Transfers by Unitholders. (a) No Unitholder shall Transfer any interest in any Units except in compliance with this Article X. Except for Transfers made in compliance with the Securityholders Agreement and, with respect to a Unitholder subject to a Management Xxxx Xxxxxxxx Xxxxxxxxx, such Management Unit Purchase Agreement, no Unitholder shall Transfer, or offer or agree to Transfer, all or any part of any interest of such Person’s Units without the prior written consent of the Board. With the Board’s consent, a Unitholder may Transfer all or any part of such Person’s Units, subject to compliance with this Agreement (including, without limitation, Section 10.1(b)) and any other agreement binding upon such Unitholder which restricts the Transfer of Units (including, without limitation, the Securityholders Agreement and the Management Unit Purchase Agreements).

Appears in 1 contract

Samples: Limited Liability Company Agreement (VWR Funding, Inc.)

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Transfers by Unitholders. (a) No Unitholder shall Transfer any interest in any Units except in compliance with this Article X. Except for Transfers made in compliance with the Securityholders Agreement andAgreement, with respect to a Unitholder subject to a the Senior Management Xxxx Xxxxxxxx Xxxxxxxxx, such Management Unit Purchase Agreements and the Registration Agreement, no Unitholder shall Transfer, or offer or agree to Transfer, all or any part of any interest of such Person’s Units without the prior written consent of the Board, which consent may be withheld in the Board’s sole discretion. With the Board’s consent, a Unitholder may Transfer all or any part of such Person’s Units, subject to compliance with this Agreement (including, without limitation, Section 10.1(b)) and any other agreement binding upon such Unitholder the Unitholders which restricts the Transfer of Units (including, without limitation, the Securityholders Agreement and the Senior Management Unit Purchase Agreements).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Solera Holdings LLC)

Transfers by Unitholders. (a) No Unitholder shall Transfer any interest in any Units except in compliance with this Article X. VIII. Except for Transfers made in compliance with this Agreement and the Securityholders Agreement and, with respect Employee Equity Agreements (to a Unitholder subject the extent applicable to a Management Xxxx Xxxxxxxx Xxxxxxxxx, such Management Unit Purchase AgreementUnits), no Unitholder shall Transfer, or offer or agree to Transfer, all or any part of any interest of in such Person’s 's Units without the prior written consent of the Board, which consent may be withheld in the Board's discretion. With the Board’s 's consent, a Unitholder may Transfer all or any part of such Person’s 's Units, subject to compliance with this Agreement (including, without limitation, including Section 10.1(b8.1(c)) and any other agreement binding upon such Unitholder the Unitholders which restricts the Transfer of Units (including, without limitationincluding the Employee Equity Agreements). Notwithstanding the foregoing, the Securityholders Agreement and Investors may Transfer Units without the Management Unit Purchase Agreementsapproval of the Board (but subject to any other restrictions on Transfer applicable to them set forth in this Agreement).

Appears in 1 contract

Samples: Limited Liability Company Agreement (NorthStar Asset Management Group Inc.)

Transfers by Unitholders. (a) No Unitholder shall Transfer any interest in any Units except in compliance with this Article X. Except for Transfers made in compliance with the Securityholders Agreement and, with respect to a Unitholder subject to a Management Xxxx Xxxxxxxx Xxxxxxxxx, such Management Unit Purchase AgreementAg•reement, no Unitholder shall Transfer, or offer or agree to Transfer, all or any part of any interest of such Person’s Units without the prior written consent of the Board. With the Board’s consent, a Unitholder may Transfer all or any part of such Person’s Units, subject to compliance with this Agreement (including, without limitation, Section 10.1(b)) and any other agreement binding upon such Unitholder which restricts the Transfer of Units (including, without limitation, the Securityholders Agreement and the Management Unit Purchase Agreements).

Appears in 1 contract

Samples: Limited Liability Company Agreement (VWR, Inc.)

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Transfers by Unitholders. (a) No Unitholder shall Transfer any interest in any Units except to Permitted Transferees and in compliance with this Article X. Except for Transfers made in compliance with pursuant to the Securityholders Purchase Agreement, the Securityholders' Agreement and, with respect to a Unitholder subject to a Management Xxxx Xxxxxxxx Xxxxxxxxx, such Management Unit Purchase and the Buy-Sell Agreement, no Unitholder shall Transfer, or offer or agree to Transfer, all or any part of any interest of such Person’s 's Units without the prior written consent of the Board, which consent may be withheld in the Board's sole discretion. With the Board’s 's consent, a Unitholder may Transfer all or any part of such Person’s 's Units, subject to compliance with this Agreement (including, including without limitation, limitation Section 10.1(b)) and any other agreement binding upon such Unitholder which restricts the Transfer of Units (including, without limitation, the Securityholders Agreement and the Management Unit Purchase Agreements).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lecg Corp)

Transfers by Unitholders. (a) No Unitholder shall Transfer any interest in any Units except to Permitted Transferees and in compliance with this Article X. Except for Transfers made in compliance with the Securityholders Agreement andAgreement, with respect to a Unitholder subject to a Management Xxxx Xxxxxxxx Xxxxxxxxxthe Contribution Agreements, such Management Unit Purchase the Equity Participation Agreements and the Registration Agreement, no Unitholder shall Transfer, or offer or agree to Transfer, all or any part of any interest of such Person’s 's Units without the prior written consent of the Board, which consent may be withheld in the Board's sole discretion. With the Board’s 's consent, a Unitholder may Transfer all or any part of such Person’s 's Units, subject to compliance with this Agreement (including, without limitation, Section 10.1(b10.1 (b)) and any other agreement binding upon such Unitholder which restricts the Transfer of Units (including, without limitation, the Securityholders Agreement and the Management Unit Purchase Agreements).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Appliance Warehouse of America Inc)

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