Common use of Transfers to Third Parties Clause in Contracts

Transfers to Third Parties. No Member may sell, assign, pledge, or otherwise transfer or encumber (collectively "transfer") all or any part of its Interest and no transferee of all or any part of any Member's Interest shall be admitted as a substituted Member, without the unanimous consent of all Members, provided that if DTR refuses to consent to a transfer proposed by API, the put-right provided pursuant to Section 6.4 shall become immediately exercisable.

Transfers to Third Parties. No Member may sell, assign, pledge, or otherwise transfer or encumber (collectively "transfer") all or any part of its Interest and no transferee of all or any part of any Member's Interest shall be admitted as a substituted Member, without the unanimous consent of all Members, . provided that if DTR refuses to consent to a transfer proposed by API, the put-right provided pursuant to Section 6.4 shall become immediately exercisable.

Transfers to Third Parties. No Except as otherwise provided in this Agreement, no Member may sell, assign, pledge, or otherwise transfer or encumber (collectively "transfer") all or any part of its Interest and no transferee of all or any part of any Member's Interest shall be admitted as a substituted Member, without the unanimous consent of all Members, provided that if DTR refuses to consent to a transfer proposed by API, the put-right provided pursuant to Section 6.4 shall become immediately exercisable.