Common use of Effectiveness of Transfer Clause in Contracts

Effectiveness of Transfer. Any sale or gift of any of a Member's Membership Interest in the Company will take effect on the first day following receipt by the Members of written notice that all of the requirements of the above Sections have been met.

Appears in 2 contracts

Samples: 6 Operating Agreement (Matthews International Corp), 6 Operating Agreement (Matthews International Corp)

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Effectiveness of Transfer. Any sale or gift Transfer of any of a Member's Membership ’s Members Interest in the Company will take effect on the first day following receipt by the Members of written notice that all of the applicable requirements of the above Sections this Article have been met.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Global Crossing Servicios, S. De R.L. De C.V.)

Effectiveness of Transfer. Any sale sale, transfer or gift of any of a Member's Membership Interest Interest(s) in the Company will take effect on the first day following receipt by the Members Manager of written notice that all of the requirements of the above Sections 10.1 and 10.2 have been met.

Appears in 1 contract

Samples: Operating Agreement (First Union Real Estate Equity & Mortgage Investments)

Effectiveness of Transfer. Any sale sale, transfer or gift of any of a Member's ’s Membership Interest Interest(s) in the Company will take effect on the first day following receipt by the Members Manager of written notice that all of the requirements of the above Sections 10.1 and 10.2 have been met.

Appears in 1 contract

Samples: Loan Agreement (First Union Real Estate Equity & Mortgage Investments)

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Effectiveness of Transfer. Any sale or gift Transfer of any of a Member's Membership Interest in the Company will take effect on the first day following receipt by the Members of written notice that all of the requirements of the above Sections Article 12 have been met.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Herbalife International Inc)

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