Common use of Voluntary Transfer; Additional and Substitute Members Clause in Contracts

Voluntary Transfer; Additional and Substitute Members. This Article 11 pertains only to the Interests of the Class A Interests in the Company. The Manager has the sole and exclusive authority to grant, convey, sell, transfer, hypothecate, disassociate or otherwise dispose of all or a portion of its Class B Interests without input or vote of the Class A Members.

Appears in 15 contracts

Samples: Operating Agreement, Company Agreement (Paradyme Equities, LLC), Company Agreement (Paradyme Equities, LLC)

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Voluntary Transfer; Additional and Substitute Members. This Article 11 pertains only to the Interests of the Class A G and Class L Interests in the Company. The Manager has the sole and exclusive authority to grant, convey, sell, transfer, hypothecate, disassociate or otherwise dispose of all or a portion of its Class B M Interests without input or vote of the Class A G and Class L Members.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Mission First Capital LLC), Limited Liabiltiy Company Agreement (Mission First Capital LLC), Limited Liabiltiy Company Agreement (Mission First Capital LLC)

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