Common use of Application of Transfer Restrictions Clause in Contracts

Application of Transfer Restrictions. This Section 9.04 shall only apply to transfers in which (i) the Dragging Member has elected not to exercise its drag-along right under Section 9.03 or (ii) the Transfer is not a permitted transfer under Section 9.02.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Lendway, Inc.)

Application of Transfer Restrictions. This Section 9.04 shall only apply to transfers in which (i) The provisions of this Section 10.04 shall not apply to Transfers or transactions in which the Dragging Member has Members have elected not to exercise its their drag-along right under Section 9.03 or 10.03 and (ii) the Transfer is not a permitted transfer under Transfers of Common Units, Warrants or other Common Unit Equivalents pursuant to Section 9.0210.07 or Section 10.08.

Appears in 1 contract

Sources: Limited Liability Company Agreement (ATN International, Inc.)

Application of Transfer Restrictions. This The provisions of this Section 9.04 8.05 shall only apply to transfers Transfers in which (i) the Dragging Member has Members have elected to not to exercise its their drag-along right under Section 9.03 or (ii) the Transfer is not a permitted transfer under Section 9.028.04.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Capstone Therapeutics Corp.)