ASSIGNMENT OR TRANSFER OF INTERESTS Sample Clauses

ASSIGNMENT OR TRANSFER OF INTERESTS. 10.1 PARTICIPANTS, OWNER TRUSTEE AND NOTE HOLDERS
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ASSIGNMENT OR TRANSFER OF INTERESTS. 62 10.1 Participants, Owner Trustee, and Note Holders....... ........62 10.2
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ASSIGNMENT OR TRANSFER OF INTERESTS. No Member may sell, transfer, assign, pledge, mortgage or otherwise dispose of its Interest in the Company without the approval of the Managers. Such approval may be granted or withheld in the Managers’ sole discretion. Notwithstanding the foregoing, in the event that any part of the Member’s Interest in the Company is transferred incident to a divorce or by operation of law, the transferee of the Interest who is not approved by the Managers shall obtain rights in the Company with respect to distributions and Net Income and Net Losses attributable to the transferred Units, but otherwise shall have no rights as a Member under this Agreement or the Act, and shall have no rights to vote or otherwise participate in the management of the Company. The Units of the transferee shall be subject to the restrictions contained in this Agreement applicable to Units held by a Member. Any transfer of an Interest that is not made in accordance with the terms of this Agreement shall be null and void.
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ASSIGNMENT OR TRANSFER OF INTERESTS. 10.1 OWNER PARTICIPANT, OWNER TRUSTEE; LENDER AND LESSEE
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ASSIGNMENT OR TRANSFER OF INTERESTS. In the event that Developer or Hotel Employer assigns or transfers all or any portion of the Project site, Project Approvals, or Operation to a third party, or grants a third party controlling rights to development of the Project, Developer or Hotel Employer, as applicable, shall include in the documents effecting such assignment, transfer, or grant all applicable requirements of this Agreement so as to obligate the assignee, transferee, or grantee to satisfy all terms of this Agreement that have not been satisfied as of the transfer date, with such obligation enforceable by the Good Jobs 4 All Coalition. Developer or Hotel Employer, as applicable, shall provide to the Good Jobs 4 All Coalition a copy of the portions of the documents evidencing such obligation within ten (10) Business Days after the assignment, transfer, or grant.
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ASSIGNMENT OR TRANSFER OF INTERESTS 
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Related to ASSIGNMENT OR TRANSFER OF INTERESTS

  • Assignment or Transfer Consultant shall not assign, hypothecate, or transfer, either directly or by operation of law, this Agreement or any interest herein without the prior written consent of the City. Any attempt to do so shall be null and void, and any assignees, hypothecates or transferees shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer.

  • Assignment or transfer fee The New Lender shall, on the date upon which an assignment or transfer takes effect, pay to the Facility Agent (for its own account) a fee of USD 2,500.

  • Transfer of Interests The Member may sell, assign, pledge, encumber, dispose of or otherwise transfer all or any part of the economic or other rights that comprise its Interest. The transferee shall have the right to be substituted for the Member under this Agreement for the transferor if so determined by the Member. No Member may withdraw or resign as Member except as a result of a transfer pursuant to this Section 7 in which the transferee is substituted for the Member. None of the events described in Section 18-304 of the Act shall cause the Member to cease to be a Member of the Company.

  • SUBLETTING, ASSIGNMENT OR TRANSFER The Provider shall not sublet, sell, transfer, assign or otherwise dispose of this Contract or any portion thereof, or of its right, title or interest therein, without written request to and written consent of the Contract Administrator. No subcontracts or transfer of Contract shall in any case release the Provider of its liability under this Contract.

  • Sale or Transfer 1. In the event of a sale or transfer of a store or stores, an employee shall be allowed a seven (7) day period from the date of announcement to the employees of the sale or transfer during which time he may determine whether he wishes to stay with the seller or whether he wishes to make application for employment with the new owner or transferee. In the event the employee chooses to remain with the seller, such choice shall not be construed as any guarantee of employment over and beyond the terms of this Agreement.

  • Conditions of assignment or transfer (a) The consent of the Borrower is required for an assignment or transfer by an Existing Lender, unless the assignment or transfer is:

  • No Sale or Transfer No Receivable has been sold, transferred, assigned or pledged by the Depositor to any Person other than the Issuer.

  • No Assignment or Transfer Notwithstanding anything to the contrary in this Award Agreement, neither this Award Agreement nor any rights granted herein shall be assignable by the Participant. Neither this Award Agreement nor any rights granted herein shall be transferable by the Participant in any circumstances, except on the death of the Participant.

  • Transfer of Interest The Interest is personal property and may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

  • ASSIGNMENT OF AGREEMENT OR SALE OF INTERESTS Concessionaire shall not assign this Agreement or sell controlling interest in the Concession without prior written approval from Department. Any attempt to assign or sell controlling interest without prior written approval from Department shall be a material breach of this Agreement, subject to Suspension of Operations and/or Termination in accordance with the terms and conditions set forth in Paragraphs 9 and 10.

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