Transfer of Memberships Sample Clauses

Transfer of Memberships. Membership in the Company and the right of a Member to have consolidated Last Sale Reports and consolidated Quotation Information disseminated through the System shall not be transferable except to a national securities exchange that succeeds to the business of a Member as a result of a merger or consolidation with the Member or the transfer of substantially all of the assets of a Member.
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Transfer of Memberships. YRF membership or any rights arising therefrom are not transferable or assignable. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the Directors any rights, remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.
Transfer of Memberships. Memberships are non-refundable and non-transferrable.
Transfer of Memberships. This membership may be transferred to any non-member with the approval of RBF.There will be a $100.00 fee to member each time that the membership is transferred.Account must be in good standing and new member must fill out all necessary paperwork before transfer can take place.A transfer does not fall under the 5 day North Dakota civil code cancellation policy. RBF can choose to deny the transfer for any reason. This is a courtesy, not an obligation.
Transfer of Memberships. The memberships of each Owner (including Declarant) in the Master Association and the applicable Residential or Commercial Subassociation shall be appurtenant to the Unit giving rise to such memberships, and none of them may be assigned, transferred, pledged, hypothecated, conveyed or alienated in any way except upon the transfer of record title to said Unit and then only to the transferee of record title to such Unit. Any attempt to make a prohibited transfer shall be void. Any transfer of record title to a Unit shall operate automatically to transfer the memberships in the Associations appurtenant thereto to the new Owner thereof.

Related to Transfer of Memberships

  • 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 Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.

  • Transfer of Business Where a transfer of business occurs, an Employee who worked with the old employer and who continues in the service of the new employer will be entitled to count her/his service with the old employer as service with the new employer for the purposes of this clause.

  • 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.

  • Transfer of Shares Shares shall be transferable on the records of the Trust only by the record holder thereof or by its agent thereto duly authorized in writing, upon delivery to the Trustees or a transfer agent of the Trust of a duly executed instrument of transfer, together with such evidence of the genuineness of each such execution and authorization and of other matters as may reasonably be required. Upon such delivery the transfer shall be recorded on the applicable register of the Trust. Until such record is made, the Shareholder of record shall be deemed to be the holder of such Shares for all purposes hereof and neither the Trustees nor any transfer agent or registrar nor any officer, employee or agent of the Trust shall be affected by any notice of the proposed transfer. Any person becoming entitled to any Shares in consequence of the death, bankruptcy, or incompetence of any Shareholder, or otherwise by operation of law, shall be recorded on the applicable register of Shares as the holder of such Shares upon production of the proper evidence thereof to the Trustees or a transfer agent of the Trust, but until such record is made, the Shareholder of record shall be deemed to be the holder of such for all purposes hereof, and neither the Trustees nor any transfer agent or registrar nor any officer or agent of the Trust shall be affected by any notice of such death, bankruptcy or incompetence, or other operation of law.

  • Transfer of Franchise a. A franchisee may transfer the franchised business and franchise to a transferee, provided that the transferee satisfies the reasonable current qualifications of the franchisor for new franchisees. For the purposes of this subsection, a reasonable current qualification for a new franchisee is a qualification based upon a legitimate business reason. If the proposed transferee does not meet the reasonable current qualifications of the franchisor, the franchisor may refuse to permit the transfer, provided that the refusal of the franchisor to consent to the transfer is not arbitrary or capricious.

  • Transfer of Ownership Trust..........................................................

  • Transfer of Assets Sell, transfer, lease, or otherwise dispose of any of its assets, except in the ordinary course of business.

  • Duties of Members Each Member shall use his or her best efforts to promote the business of the LLC.

  • Transfer of Rights This Agreement shall be binding on any successors of the parties. Neither party shall have the right to assign its interests in this Agreement to any other party, unless the prior written consent of the other party is obtained.

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