AMCIC. (a) shall transfer the ▇▇▇▇▇▇▇▇▇ Membership Interests to Bird; (b) shall procure that an officer of ▇▇▇▇▇▇▇▇▇ procures that the capital account maintained by ▇▇▇▇▇▇▇▇▇ for AMCIC be closed and the balance be transferred into the name of Bird and consolidated with the existing capital account maintained by ▇▇▇▇▇▇▇▇▇ for Bird; and (c) shall procure the delivery to Bird of resignation letters (duly executed as deeds) from ▇▇ ▇▇▇▇ ▇. Mende as director, ▇▇ ▇▇▇▇▇▇▇▇ Molaris as director and officer and ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ as assistant secretary, each in agreed form;
Appears in 2 contracts
Sources: Membership Interest Transfer Agreement, Membership Interest Transfer Agreement (Excel Maritime Carriers LTD)