Common use of Transfer and Assignment of Interests Clause in Contracts

Transfer and Assignment of Interests. 6.1 Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, ''transfer'') except with the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members. 6.2

Appears in 1 contract

Samples: Operating Agreement

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Transfer and Assignment of Interests. 6.1 Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of the Member’s interest in the Company without the prior written consent of all Members. The Member assigning his or her Membership Interest (collectively, ''transfer'') except with the prior approval of all Members, which approval may be given or withheld interest in the sole discretion company shall not be released from any liability the assigning Member may have to the company or to any third party solely as a result of the Members. 6.2assignment.

Appears in 1 contract

Samples: Operating Agreement (APX Group Holdings, Inc.)

Transfer and Assignment of Interests. 6.1 Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, ''transfer''"Transfer") except with the prior written approval of all Members, which approval may be given or withheld in the sole discretion withheld, conditioned or delayed, as each of the Members. 6.2other Members may determine in their sole and absolute discretion.

Appears in 1 contract

Samples: Operating Agreement (Rodgers Craig)

Transfer and Assignment of Interests. 6.1 Transfer and Assignment of Interests. No Member Members shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, ''transfer'') except with the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members. 6.2.

Appears in 1 contract

Samples: Operating Agreement

Transfer and Assignment of Interests. 6.1 Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her its Membership Interest (collectively, ''"transfer''") except with with, the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members. 6.2.

Appears in 1 contract

Samples: Operating Agreement (Usopn Inc)

Transfer and Assignment of Interests. 6.1 Transfer Except for transfers pursuant to this Article VI and Assignment of Interests. No Article VII, no Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her such Member's Membership Interest (collectively, ''transfer''"TRANSFER") except with the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members. 6.2Any transfer or attempted transfer in violation of this Agreement shall be void ab initio.

Appears in 1 contract

Samples: Operating Agreement (Vans Inc)

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Transfer and Assignment of Interests. 6.1 Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, ''"transfer''") except with the prior approval of all Membersthe Manager, which approval may be given or withheld in the manager's sole discretion of the Members. 6.2discretion.

Appears in 1 contract

Samples: Operating Agreement (CPC of America Inc)

Transfer and Assignment of Interests. 6.1 Transfer and Assignment of Interests. No Member shall be entitled to ------------------------------------ transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, ''"transfer''") except with the prior approval of all Membersthe Manager, which approval may be given or withheld in the manager's sole discretion of the Members. 6.2discretion.

Appears in 1 contract

Samples: Operating Agreement (CPC of America Inc)

Transfer and Assignment of Interests. 6.1 Transfer and Assignment of Interests. No Member shall be entitled to transfer, assign, convey, sell, encumber or in any way alienate all or any part of his or her Membership Interest (collectively, ''"transfer''") except with the prior approval of all Members, which approval may be given or withheld in the sole discretion of the Members. 6.2.

Appears in 1 contract

Samples: Operating Agreement

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