Common use of Assignment of the Interest Clause in Contracts

Assignment of the Interest. Pursuant to the terms of the Sale Agreement, Assignor does hereby sell and transfer on an “as-is” basis, to Assignee all of Assignor’s right, title, and interest in and to the Interest. Assignor does hereby withdraw as a Member (as defined in the LLC Agreement) of the Company and shall retain no further rights other than the Seller-Retained Rights (as defined in the Sale Agreement).

Appears in 4 contracts

Sources: Sale Agreement (Juhl Wind, Inc), Sale Agreement (Juhl Wind, Inc), Transfer Agreement (Juhl Wind, Inc)