Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "Transfer") an interest in the Company without the prior written consent of a majority of the other non-transferring Members determined on a per capita basis.
Appears in 250 contracts
Samples: Multi Member Operating Agreement, Multi Member Operating Agreement, Multi Member Operating Agreement
Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "Transfer") an interest in the Company without the prior written consent of a majority of the other non-transferring Members determined on a per capita basis.
Appears in 51 contracts
Samples: Multi Member Operating Agreement, Arkansas Operating Agreement, Tennessee Operating Agreement
Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "Transfer") an interest in the Company without the prior written consent of a majority of the other non-transferring nontransferring Members determined on a per capita basis.
Appears in 9 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "collectively referred to as the “Transfer"”) an interest in the Company without the prior written consent of a majority of the other non-transferring Members determined on a per capita basis.
Appears in 1 contract
Samples: Operating Agreement
Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "“Transfer"”) an interest in the Company without the prior written consent of a majority of the other non-transferring Members determined on a per capita basisManager.
Appears in 1 contract
Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, assign or otherwise dispose of (collectively, "“Transfer"”) an interest in the Company without the prior written consent of a majority of the other non-transferring Members determined on a per capita basis.
Appears in 1 contract
Samples: Operating Agreement
Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "“Transfer"”) an interest in the Company without the prior unanimous written consent of a majority of the other non-transferring Members determined on a per capita basisnontransferring Member(s).
Appears in 1 contract
Samples: Operating Agreement
Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "Transfer") an interest in the Company without the prior written consent of a majority of the other non-transferring Members Member(s) determined on a per capita basis.
Appears in 1 contract
Samples: Operating Agreement
Sale or Encumbrance Prohibited. Except as otherwise permitted in this Agreement, no Member may voluntarily or involuntarily transfer, sell, convey, encumber, pledge, assign, or otherwise dispose of (collectively, "Transfer") an interest in the Company without the prior written consent of a Seventy Five percent (75%) majority of the other non-transferring Members determined on a per capita basisUnit Votes for Units held by Members.
Appears in 1 contract
Samples: Holdings, LLC Operating Agreement