Common use of Transfer of Membership Interest Clause in Contracts

Transfer of Membership Interest. Without the prior written consent of Administrative Agent, acting alone, which shall not be unreasonably withheld or delayed, no Borrower Party shall permit the transfer of the Membership Interest of any Borrowing Base Investor.

Appears in 7 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending LLC)

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Transfer of Membership Interest. Without the prior written consent of Administrative Agent, acting alone, which shall not be unreasonably withheld withheld, delayed or delayedconditioned, no Borrower Party shall permit the transfer of the Membership Interest of any Borrowing Base Investor.

Appears in 4 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending VII LLC), Revolving Credit Agreement (TCW Direct Lending VII LLC), Revolving Credit Agreement (TCW Direct Lending VII LLC)

Transfer of Membership Interest. Without the prior written consent of Administrative Agent, acting aloneAgent and the Required Lenders, which shall not be unreasonably withheld withheld, delayed or delayedconditioned, no Borrower Party shall permit the transfer of the Membership Interest of any Borrowing Base Investor, provided, no consent shall be required for a transfer of all or a portion of a HNW Designated Investor’s Membership Interest in Borrower to a family member or estate planning vehicle owned by or for the benefit of such Investor.

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending VIII LLC)

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Transfer of Membership Interest. Without the prior written consent of Administrative Agent, acting alone, which shall not be unreasonably withheld or delayed, no 100 Borrower Party shall permit the transfer of the Membership Interest of any Borrowing Base Investor.

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending LLC)

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