Application of Transfer Restrictions. This Section 10.5 shall only apply to Transfers in which (i) the Members have not exercised their rights in full under Section 10.3 to purchase all of the Selling Member’s Units, and (ii) the Selling Members have not, or are not able to, exercise their rights under Section 10.4.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Lithium Americas Corp.), Limited Liability Company Agreement (Lithium Americas Corp.), Investment Agreement (Lithium Americas Corp.)