Transfer of Membership. Membership shall not be transferred except with the approval and consent of the Board of Managers and in accordance with the Capital Units Transfer System.
Transfer of Membership. Your Membership applies solely to you and may not be sold, transferred to, or used by, any other person.
Transfer of Membership. A Member of the Corporation may not transfer its membership or a right arising from it except to any Person succeeding to all or substantially all of the assets of the Member. If challenged, the President shall have authority to approve any such transfer, subject to review by the Board.
Transfer of Membership. Membership is personal and may not be used by or transferred to others. Xxxxx retains the right to transfer the agreement with all rights to a third party.
Transfer of Membership. Applicant’s membership and this Agreement are personal to Applicant and are not transferable without the prior written consent of VDES Alliance. A membership may be transferred in accordance with the procedures set forth in the VDES Alliance Bylaws and upon approval by the Board of Directors.
Transfer of Membership. The Association membership of each Owner (including Developer) shall be appurtenant to the lot giving rise to such membership, and shall not be assigned, transferred, pledged, conveyed or alienated in any way except upon the transfer of title to said lot and only to the transferee of title to such lot. Any attempt to make a prohibited transfer shall be void. Any transfer of title to a lot shall operate automatically to transfer the membership in the Association appurtenant thereto to the new owner thereof.
Transfer of Membership. Members shall be entitled to transfer their membership, including all its rights and obligations pursuant to this Agreement, to another legal or natural person that meets the Membership Criteria in the following conditions:
Transfer of Membership. Membership in the Association shall be appurtenant to each Lot and a membership in the Association shall not be transferred, pledged or alienated in any way, except upon the sale of a Lot and then only to such Purchaser, or by intestate succession, testamentary disposition, foreclosure of mortgage of record or other legal process. Any attempt to make a prohibited transfer shall be void and shall not be reflected upon the books and records of the Association. The Association shall have the right to charge a reasonable transfer fee to the Purchaser in connection with any transfer of a Lot.
Transfer of Membership. 8.1. Your membership is not transferable by you, nor able to be exchanged, resold or redeemed for cash.
Transfer of Membership. (a) The membership of each Unit Owner in the Corporation and its right to appoint a Director to the Board shall be as defined in this Declaration, the Articles and Bylaws and shall be appurtenant to the Condominium giving rise to such membership. Such membership shall not be assigned, transferred, pledged, conveyed or alienated in any way, except:
