Permitted Transfers of Interests Sample Clauses

Permitted Transfers of Interests. (a) During the first four years after the Effective Date, a Limited Partner may not Transfer any Interest to a third party, except for Transfers ("PERMITTED TRANSFERS") (i) to a directly or indirectly wholly-owned subsidiary of such Partner, (ii) to a directly or indirectly wholly-owned subsidiary of an entity which directly or indirectly holds all of the Interests of such Partner, or (iii) in compliance with Article 15. No shareholder in the General Partner may Transfer its equity interest in the General Partner to any Person except in connection with a Transfer of such shareholder's Interest in the Partnership to such Person.
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Permitted Transfers of Interests. (a) Notwithstanding the provisions of Section 8.1 and subject to this Section 8.2 at any time:
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Permitted Transfers of Interests. A Partner may at any time Transfer all or any portion of its Percentage Interest in the Partnership to an affiliate without the consent of the other Partners.
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Permitted Transfers of Interests. 49 10.03 Transferees ........................................ 50 10.04
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Permitted Transfers of Interests. (a) Prime GR, from time to time and in its sole discretion, without the consent of any other Member, may sell or assign its Interest in whole or in part to any Affiliate of Prime GR or any entity directly or indirectly controlling, controlled by or under common control with Prime GR, or any of its Affiliates, including any co-investment partnerships or limited liability companies formed to co-invest alongside Prime GR. In connection with any permitted transfer by Prime GR, it will have the absolute right to designate such transferee as a Member.
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Permitted Transfers of Interests. A Member shall be permitted to transfer, assign, convey, sell, encumber or otherwise alienate its economic rights associated with its Membership Interest without the consent of other Members so long as such transaction: (a) is not prohibited by Sections 7.1.2 or 11.9 hereof, (b) would not cause a material adverse tax consequence to the Company or the other Members, and (c) has complied with Section 7.5 hereof. If a permitted transfer of a Membership Interest does not comply with Section 7.3 hereof as to admissions, the transferee shall have no right to vote or participate in the management of the business, property and affairs of the Company or to exercise any rights of a Member other than the right to receive proceeds of a Membership Interest.
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Related to Permitted Transfers of Interests

  • Transfers of Interests The Transferee of any Interests shall be admitted to the LLC as a substitute member of the LLC on the effective date of such Transfer upon (i) such Transferee’s written acceptance of the terms and provisions of this Agreement and its written assumption of the obligations hereunder of the Transferor of such Interests, and (ii) the recording of the Transfer of Interests and the Transferee’s name as a substitute member on the books and records of the LLC. Any Transfer of any Interests pursuant to this Section 7.1 shall be effective as of the registration of the Transfer of Interests in the books and records of the LLC and a Transferor of all of its Interest shall not cease to be a member of the LLC until the Transferee is admitted to the LLC as a member of the LLC.

  • 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.

  • Transfers of Membership Interests 8.1. A Member may withdraw from the Company at any time by giving Notice of withdrawal to the Manager at least 180 calendar days before the effective date of withdrawal. Withdrawal will not release a Member from any obligations and liabilities under this Agreement accrued or incurred before the effective date of withdrawal. A withdrawing Member will divest the Member’s entire Membership Interest before the effective date of withdrawal in accordance with and subject to the provisions of this Article VIII.

  • Transfers of Partnership Interests Except as the Partners may otherwise agree from time to time, a Partner may not Transfer all or any part of its Partnership Interest without the Consent of each other Partner, which Consent may be withheld in the sole discretion of each such other Partner.

  • Permitted Transfers The provisions of Section 8.1 shall not apply to (a) a transfer or an assignment of this Lease in connection with the sale of substantially all the original Tenant’s assets if: (I) such sale of assets occurs on an arms’-length basis, to an unrelated third party, and is for a bona fide business purpose and not primarily to transfer Tenant’s interest in this Lease; and (II) upon the consummation of the transfer or assignment, the transferee or assignee is, in the sole, but reasonable determination of Landlord (and its lender, if applicable), capable of satisfying all of Tenant’s obligations hereunder; (b) an assignment of this Lease to a successor to Tenant by merger, consolidation, reorganization or similar corporate restructuring or to an entity that controls, is controlled by, or is under common control with, Tenant; or (c) a subletting of the Premises or any part thereof. In the case of an assignment or sublease that is expressly permitted pursuant to (a) or (c) of this Section 8.3, Tenant shall nevertheless be required to provide Landlord with notice of such assignment or sublease and a true and complete copy of the fully-executed documentation pursuant to which the assignment or sublease, as applicable, has been effectuated within ten (10) business days after the effective date of such assignment or sublease. Any permitted transferee under (a) of this Section 8.3 shall execute and deliver to Landlord any and all documentation reasonably required by Landlord in order to evidence assignee’s assumption of all obligations of Tenant hereunder and to evidence the assignee’s compliance (or ability to comply) with (a)(II) above. Notwithstanding anything to the contrary contained in this Section 8.3, in no event may Tenant assign, mortgage, transfer, pledge or sublease this Lease to any entity whatsoever if, at the time of such assignment, mortgage, transfer, pledge or sublease, a Default has occurred and remains continuing under this Lease.

  • Transfers of Limited Partnership Interests 9.1 Restrictions on Transfer of Limited Partnership Interests.

  • 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.

  • Certificates and Transfer of Interests 9 Section 3.1 Initial Ownership 9 Section 3.2 The Certificates 9 Section 3.3 Authentication of Certificates 10 Section 3.4 Registration of Certificates; Transfer and Exchange of Certificates 10 Section 3.5 Mutilated, Destroyed, Lost or Stolen Certificates 12 Section 3.6 Persons Deemed Owners 13 Section 3.7 Access to List of Certificateholders’ Names and Addresses 13 Section 3.8 Maintenance of Office or Agency 14 Section 3.9 Appointment of Paying Agent 14

  • Transfer of Membership Interests (a) The Member may transfer its Membership Interest, in whole but not in part, but the transferee shall not be admitted as a Member except in accordance with Section 6.07. Until the transferee is admitted as a Member, the Member shall continue to be the sole member of the Company (subject to Section 1.02) and to be entitled to exercise any rights or powers of a Member of the Company with respect to the Membership Interest transferred.

  • Permitted Transfers Within Escrow 5.1 Transfer to Directors and Senior Officers

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