Membership Interest Assignment definition
Examples of Membership Interest Assignment in a sentence
The Membership Interest Assignment and Assumption Agreement, executed and delivered by Buyer.
The Seller will deliver a full-executed LLC Membership Interest Assignment to the Buyer.
ABI’s obligations under this Article 6 shall not be affected by any claim by ABI, Seller, Supplier, Marcas Modelo or any Modelo Group Obligor that this Agreement, the Membership Interest Assignment, the Interim Supply Agreement, or the Sub-license Agreement, as applicable, is invalid or unenforceable and any payments required to be made by it hereunder shall be made free and clear of any deduction, set-off, defense, claim or counterclaim of any kind.
As of the Effective Date, Riviera accepts the Membership Interest Assignment, subject to the terms and conditions contained in this Agreement, and, in consideration of such assignment, assumes all of Linn’s liabilities, duties and obligations with respect to the Membership Interests.
A form of Membership Interest Assignment and Power of Attorney will be provided to the Exchange Agent for use by members if necessary.