Transfers of Membership Interests. 6.1. No Member may, whether directly or indirectly, sell, assign or exchange (“Transfer”) all or any part of its Membership Interests to any person or entity without first obtaining the written consent of the other Member(s). Notwithstanding anything contained herein to the contrary, any of the restrictions contained in this Section shall continue to be applicable to the Membership Interests after any Transfer and provided further that the transferees of such Membership Interests shall have agreed in writing to be bound by the provisions of this Agreement affecting the Membership Interests so transferred.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Fundrise East Coast Opportunistic REIT, LLC), Limited Liability Company Agreement (Fundrise Balanced Ereit Ii, LLC), Limited Liability Company Agreement (Fundrise East Coast Opportunistic REIT, LLC)
Transfers of Membership Interests. 6.1. No Member may, whether directly or indirectly, sell, assign or exchange (“Transfer”) all or any part of its Membership Interests to any person or entity without first obtaining the written consent of the other Member(s). Notwithstanding anything contained herein to the contrary, any of the restrictions contained in this Section shall continue to be applicable to the Membership Interests after any Transfer and provided further that the transferees of such Membership Interests shall have agreed in writing to be bound by the provisions of this Agreement affecting the Membership Interests so transferred.. JV
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Fundrise Growth Ereit Vii, LLC), Limited Liability Company Agreement (Fundrise Balanced Ereit Ii, LLC)
