Common use of Transfers of Membership Interests Clause in Contracts

Transfers of Membership Interests. The Member, in the Member’s sole discretion, may transfer (whether by sale, gift or otherwise) all or any part of the Member’s membership rights, including financial rights and/or governance rights, to any person at any time. The Member may make any such transfer under any terms and conditions which the Member deems appropriate.

Appears in 2 contracts

Samples: Operating Agreement (Young Touchstone Co), Operating Agreement (Indigent Care Services of Northeast Louisiana, Inc.)

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Transfers of Membership Interests. The Member, in the Member’s sole discretion, Member may transfer (whether by sale, gift or otherwise) all the whole or any part of the Member’s membership rights, including financial rights and/or governance rights, to any person its Membership Interests at its sole discretion at any time. The Member may make any such transfer under any terms and conditions which the Member deems appropriate.

Appears in 2 contracts

Samples: Operating Agreement (Carrols LLC), Operating Agreement (Carrols Restaurant Group, Inc.)

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Transfers of Membership Interests. 5.1 The Member, in the Member’s sole discretion, Member may freely transfer (whether by sale, gift or otherwise) all or any part a portion of the Member’s membership rights, including financial rights and/or governance rights, to any person its Membership interests at any time. The Member may make any such transfer under any terms and conditions which the Member deems appropriate.

Appears in 1 contract

Samples: Operating Agreement (Rice Drilling B LLC)

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