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Common use of Cost of Transfers Clause in Contracts

Cost of Transfers. The transferee of any Membership Interest shall reimburse the Company for all costs incurred by the Company resulting from any Transfer.

Appears in 14 contracts

Sources: Limited Liability Company Agreement (Forbes Energy International, LLC), Limited Liability Company Agreement (Forbes Energy Services LLC), Limited Liability Company Agreement (Energy Services Puerto Rico LLC)

Related Clauses

  • Documentation of Transfers
  • Timing of Transfers
  • Costs of Transfer on Exchange
  • Registration of Transfers
  • Instruments of Transfer

Parent Clauses

  • Restrictions on Transfer of Common Stock
  • TRANSFERS AND ADMISSION OF NEW MEMBERS
  • ACTION WITHOUT MEETING; TELEPHONE MEETINGS
  • TAX ELECTIONS
  • Transfers

Sub-Clauses

  • Travel Within Canada
  • Living Allowance
  • Air Travel Insurance
  • Bumping Rights
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