Effective Date of Transfer. (a) Any Transfer of a Unit shall be deemed effective as of the day of the month and year: (i) which the Transfer occurs (as reflected by the form of assignment); and (ii) the transferee's name and address and the nature and extent of the Transfer are reflected in the records of the Company; provided, however, the effective date of a Transfer for purposes of allocation of Profits and Losses and for Distributions shall be determined pursuant to Section 10.9(b) below. Any transferee of a Unit shall take subject to the restrictions on Transfer imposed by this Agreement.
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Samples: Operating Agreement, Operating Agreement (Husker Ag LLC), Operating Agreement (Nedak Ethanol, LLC)
Effective Date of Transfer. (a) Any Transfer of a Unit shall be deemed effective as of the day of the month and year: (i) which the Transfer occurs (as reflected by the form of assignment); and (ii) the transferee's ’s name and address and the nature and extent of the Transfer are reflected in the records of the Company; provided, however, the effective date of a Transfer for purposes of allocation of Profits and Losses and for Distributions shall be determined pursuant to Section 10.9(b) below. Any transferee of a Unit shall take subject to the restrictions on Transfer imposed by this Agreement.
Appears in 3 contracts
Samples: Operating Agreement (Husker Ag LLC), Operating Agreement, Operating Agreement
Effective Date of Transfer. (a) Any Transfer transfer of a Unit unit shall be deemed effective as of the day of the month and year: ; (i) which the Transfer transfer occurs (as reflected by the form of assignment); and (ii) the transferee's name and address and the nature and extent of the Transfer transfer are reflected in the records of the Companycompany; provided, however, the effective date of a Transfer transfer for purposes of allocation of Profits profits and Losses losses and for Distributions distributions shall be determined pursuant to Section 10.9(b7.6(b) below. Any transferee of a Unit unit shall take subject to the restrictions on Transfer transfer imposed by this Agreement.
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Effective Date of Transfer. (a) Any Transfer of a Unit shall be deemed effective as of the day of the month and year: (i) which the Transfer occurs (as reflected by the form of assignment); and (ii) the transferee's name and address and the nature and extent of the Transfer are reflected in the records of the Company; provided, however, the effective date of a Transfer for purposes of allocation of Profits and Losses and for Distributions shall be determined pursuant to Section 10.9(b) below. Any transferee of a Unit shall take subject to the restrictions on Transfer transfer imposed by this Agreement.
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Samples: Member Control Agreement (Granite Falls Community Ethanol Plant LLC)
Effective Date of Transfer. (a) Any Transfer transfer of a Unit unit shall be deemed effective as of the day of the month and year: ; (i) which the Transfer transfer occurs (as reflected by the form of assignment); and (ii) the transferee's ’s name and address and the nature and extent of the Transfer transfer are reflected in the records of the Companycompany; provided, however, the effective date of a Transfer transfer for purposes of allocation of Profits profits and Losses losses and for Distributions distributions shall be determined pursuant to Section 10.9(b7.6(b) below. Any transferee of a Unit unit shall take subject to the restrictions on Transfer transfer imposed by this Agreement.
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