Common use of Minimum Size Clause in Contracts

Minimum Size. If no Public Market exists for the Units, no purported sale, assignment or transfer by a Limited Member of less than 100 Units will be permitted or recognized, except by gift, inheritance, intra-family transfers, family dissolutions, transfers to Affiliates or by operation of law.

Minimum Size. If no Public Market exists for the Units, no purported sale, assignment or transfer by a Limited Member of less than 100 ten Units will be permitted or recognized, except by gift, inheritance, intra-family transfers, family dissolutions, transfers to Affiliates or by operation of law.