Common use of Transfers Prohibited Clause in Contracts

Transfers Prohibited. A Member may not transfer, assign, pledge, encumber, or otherwise dispose of all or any part of its interest in the Company without the consent of a Majority Interest of the Members, whether voluntary, involuntary, or by operation of law or otherwise.

Appears in 5 contracts

Samples: Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.), Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.), Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.)

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Transfers Prohibited. A Member may not transfer, assign, pledge, encumber, or otherwise dispose of Transfer all or any part of its interest its, his or her Interest in the Company without the consent of a Majority Interest of the Members, whether voluntary, involuntary, or by operation of law or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Sheridan Children's Healthcare Services of Arizona, Inc.)

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