Disposition of Membership Interests. 17 1. Disposition.............................................................17 2. Dispositions Not in Compliance with this Article Void...................17 ARTICLE XII
Disposition of Membership Interests. ADMISSION OF ASSIGNEES 11
Disposition of Membership Interests. (a) No Membership Interest may be Disposed of, in whole or in part, without the prior written consent of all of the Members, which consent may be withheld by any such Member in its sole discretion.
Disposition of Membership Interests. Notwithstanding anything herein to the contrary, without the unanimous consent of the Board, the Board shall cause Company to not issue any equity interests (other than the Class A Preferred Units) to any Person other than Member.
Disposition of Membership Interests. If, after compliance with the provisions of this Section 9.05, any Membership Interests are Disposed of by a Member to any Person not a party to this Agreement, such Disposition shall be consummated pursuant to and in compliance with Section 9.02(b). Following such Disposition, the terms “Member” and “Members” shall be deemed to mean and include such permitted Transferee for all purposes of this Agreement.
Disposition of Membership Interests. 4. Disposition - Any Member or Assignee may dispose of all or a portion of the Member's or Assignee's Membership Interest upon compliance with this Section 1. No Membership Interest shall be Disposed of:
Disposition of Membership Interests. No Member shall have the right to Transfer all or any portion of its Membership Interests and any attempted Transfer of a Membership Interest will be null and void ab initio. Each Member hereby acknowledges the reasonableness of the prohibition contained in this Article XII in view of the purposes of the Company and the relationship with the other Member.
Disposition of Membership Interests. A Disposition of Units may only be made if (1) such Disposition complies with the provisions of Section 7.1 and (2) such Disposition is:
Disposition of Membership Interests. 16 1. Disposition ............................................................ 16 2.
Disposition of Membership Interests. Section 4.01 General Restriction. 13 Section 4.02 Admission of Assignee as a Member. 13 Section 4.03 Requirements Applicable to All Dispositions and Admissions. 14 ARTICLE V. CAPITAL CONTRIBUTIONS Section 5.01 Initial Capital Contributions. 14 Section 5.02 Loans 14 Section 5.03 Return of Contributions. 14 Section 5.04 Capital Accounts. 14
