Common use of Transfer and Assignment of Membership Interests Clause in Contracts

Transfer and Assignment of Membership Interests. No Member may assign, convey, sell, encumber, or in any way alienate all or any part of his or her interest in the Company as a Member without prior written consent of all other Members, which consent may be given or withheld, conditioned or delayed (as allowed by this Agreement or the Act), as the remaining Members may determine in their sole discretion. Transfers in violation of this section are effective only to the extent set forth in Subparagraph 3.13(b), below.

Transfer and Assignment of Membership Interests. No Member may assign, convey, sell, encumber, or in any way alienate all or any part of his his, her or her its interest in the Company as a Member without prior written consent of all other Members, which consent may be given or withheld, conditioned or delayed (as allowed by this Agreement or the Act), as the remaining Members may determine in their sole discretion. Transfers in violation of this section are effective only to the extent set forth in Subparagraph 3.13(b), below.

Transfer and Assignment of Membership Interests. (a) No Member may assign, convey, sell, encumber, or in any way alienate all or any part of his his, her or her interest its Interest in the Company as a Member without prior written consent of all other of the Members, which consent may be given or withheld, conditioned or delayed (as allowed by this Agreement or the Act), as the remaining Members may determine in their sole discretion. Transfers in violation of this section are effective only to the extent set forth in Subparagraph 3.13(bParagraph 3.14(b), below.

Transfer and Assignment of Membership Interests. (a) No Member may assign, convey, sell, encumber, or in any way anyway alienate all or any part of his his, her or her interest its Interest in the Company as a Member without prior written consent of all other of the Members, which consent may be given or withheld, conditioned or delayed (as allowed by this Agreement or the Act), as the remaining Members may determine in their sole discretion. Transfers in violation of this section are effective only to the extent set forth in Subparagraph 3.13(bParagraph 3.14(b), below.

Transfer and Assignment of Membership Interests. (a) No Member may assign, convey, sell, encumber, or in any way anyway alienate all or any part of his his, her or her interest its Interest in the Company as a Member without prior written consent of all other of the Members, which consent may be maybe given or withheld, conditioned or delayed (as allowed by this Agreement or the Act), as the remaining Members may determine in their sole discretion. Transfers in violation of this section are effective only to the extent set forth in Subparagraph 3.13(bParagraph 3.14(b), below.

Transfer and Assignment of Membership Interests. (a) No Member may assign, convey, sell, encumber, or in any way alienate all or any part of his his, her or her interest its Interest in the Company as a Member without prior written consent of all other a majority of the Members, which consent may be given or withheld, conditioned or delayed (as allowed by this Agreement or the Act), as the remaining Members may determine in their sole discretion. Transfers in violation of this section are effective only to the extent set forth in Subparagraph 3.13(bParagraph 3.12(b), below.