Transfers Prohibited. No Member may voluntarily, involuntarily or by operation of law assign, transfer, sell, pledge, hypothecate or otherwise dispose (collectively “Transfer”) of all or part of its Interest in the Company, except as is specifically permitted by this Agreement. Any Transfer made in violation of this Article 10 shall be void and of no legal effect.
Appears in 8 contracts
Samples: Operating Agreement (ILS Fixed Horizon LLC), Operating Agreement (ILS Fixed Horizon LLC), Amended Operating Agreement (Rockstar Capital Group, LLC)
Transfers Prohibited. No Member may voluntarily, involuntarily or by operation of law assign, transfer, sell, pledge, hypothecate or otherwise dispose (collectively “"Transfer”") of all or part of its Interest in the Company, except as is specifically permitted by this Agreement. Any Transfer made in violation of this Article 10 13 shall be void and of no legal effect.
Appears in 4 contracts
Samples: Operating Agreement (Capital Cities Fund, LLC), Operating Agreement (Capital Cities Fund, LLC), Operating Agreement (Capital Cities Fund, LLC)
Transfers Prohibited. No Member may voluntarily, involuntarily or by operation of law assign, transfer, sell, pledge, hypothecate or otherwise dispose (collectively “Transfer”) of all or part of its Interest in the CompanyFund, except as is specifically permitted by this Agreement. Any Transfer made in violation of this Article 10 shall be void and of no legal effect.
Appears in 2 contracts
Samples: Operating Agreement (Tuscan Gardens Secured Income Fund LLC), Operating Agreement (Tuscan Gardens Secured Income Fund LLC)
Transfers Prohibited. No Member may voluntarily, involuntarily or by * operation of law assign, transfer, sell, pledge, hypothecate or otherwise * dispose (collectively “"Transfer”") of all or part of its Interest in the Company* Fund, except as is specifically permitted by this Agreement. Any Transfer * made in violation of this Article 10 shall be void and of no legal effect.
Appears in 1 contract
Samples: Operating Agreement (Tuscan Gardens Secured Income Fund LLC)
Transfers Prohibited. No Member may voluntarily, involuntarily or by operation of law assign, transfer, sell, pledge, hypothecate or otherwise dispose (collectively “"Transfer”") of all or part of its Interest in the Company, except as is specifically permitted by this Agreement. Any Transfer made in violation of this Article 10 13 or Article 14 shall be void and of no legal effect.
Appears in 1 contract
Samples: Operating Agreement (Aspen Mortgage Income Fund II, LLC)
