Transfer of Units and Capital with the Transfer of an Interest. Notwithstanding anything herein to the contrary, each Partner who Transfers an Interest shall be deemed to have Transferred the entire Interest, including the associated Units, Non-Participating Units and Capital of such Interest, or, if a portion of an Interest is being Transferred, each Partner who Transfers a portion of an Interest shall specify the number of Units and/or Non-Participating Units being so Transferred and such Transfer shall include a proportionate amount of Capital of such Interest, to the Transferee.
Appears in 7 contracts
Samples: BGC Partners, Inc., BGC Partners, Inc., Newmark Group, Inc.
Transfer of Units and Capital with the Transfer of an Interest. Notwithstanding anything herein to the contrary, each Partner who Transfers an Interest shall be deemed to have Transferred the entire Interest, including the associated Units, Non-Participating Units and Capital of with respect to such Interest, or, if a portion of an Interest is being Transferred, each Partner who Transfers a portion of an Interest shall specify the number of Units and/or Non-Participating Units being so Transferred and such Transfer shall include a proportionate amount of Capital of with respect to such Interest, to the Transferee.
Appears in 4 contracts
Samples: Espeed Inc, Espeed Inc, BGC Partners, Inc.
Transfer of Units and Capital with the Transfer of an Interest. Notwithstanding anything herein to the contrary, each Partner who Transfers an Interest shall be deemed to have Transferred the entire Interest, including the associated Units, Non-Participating Units and Capital of such Interest, or, if a portion of an Interest is being Transferred, each Partner who Transfers a portion of an Interest shall specify the number of Units and/or Non-Participating Units being so Transferred and such Transfer shall include a proportionate amount of Capital of such Interest, to the Transferee.
Appears in 3 contracts
Samples: Agreement (BGC Partners, Inc.), Agreement (BGC Partners, Inc.), BGC Partners, Inc.
Transfer of Units and Capital with the Transfer of an Interest. Notwithstanding anything herein to the contrary, each Partner who that Transfers an Equity Interest shall be deemed to have Transferred the entire Equity Interest, including the associated Units, Non-Participating Units and Capital of Account with respect to such Equity Interest, or, if a portion of an Equity Interest is being Transferred, each Partner who that Transfers a portion of an Equity Interest shall specify the number of Units and/or Non-Participating Units being so Transferred and such Transfer shall include a proportionate amount of such Partner’s Capital of Account with respect to such Equity Interest, to the Transferee.
Appears in 2 contracts
Samples: Agreement of Limited Partnership (BGC Partners, Inc.), Agreement of Limited Partnership (BGC Partners, Inc.)
