Transfers of Membership Interests. A Member may make or permit a Transfer, directly or indirectly, by operation of law or otherwise, voluntarily or involuntarily, of all or any portion of its Membership Interest, including all or any portion of its Economic Interest, only as follows:
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Petro Stopping Centers L P), Limited Liability Company Operating Agreement (Jacmar Companies)
Transfers of Membership Interests. 7.1.1 A Member may make or permit a Transfer, directly or indirectly, by operation of law or otherwise, voluntarily or involuntarily, of all or any portion of its Membership Interest, including all or any portion of its Economic Interest, only as follows:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tejon Ranch Co)
Transfers of Membership Interests. A The Member may make sell, assign, or permit a Transfer, directly or indirectly, by operation of law or otherwise, voluntarily or involuntarily, of otherwise transfer all or any portion of its Membership InterestInterest at any time to any Person as long as such transfer would not result in a violation of applicable law, including all U.S. federal or any portion of its Economic Interest, only as follows:state securities law.
Appears in 1 contract
Transfers of Membership Interests. A 7.1.1 Subject to the provisions of Section 7.6, a Member may make or permit a Transfer, directly or indirectly, by operation of law or otherwise, voluntarily or involuntarily, of all or any portion of its Membership Interest, including all or any portion of its Economic Interest, only to as follows:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Spectrum Pharmaceuticals Inc)
