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Common use of Restrictions on Transfer of Membership Interests Clause in Contracts

Restrictions on Transfer of Membership Interests. A Member may Transfer his or her Membership Interest to another Person subject to the following restrictions:

Appears in 4 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Related Clauses

  • Restrictions on Transfer of Limited Partnership Interests
  • Restrictions on Transfer of Shares
  • Restrictions on Transfers
  • Restrictions on Transfer of Award
  • Restrictions on Transfer; Shell Company

Parent Clauses

  • Transfers of Interests
  • Transfer of Membership Interests
  • Disposition and Creation of Membership Interests Purchase Options
  • Membership Dispositions of Interests
  • Independent Auditor

Sub-Clauses

  • Transferor’s Membership Status
  • Bound by Agreement
  • Mandatory Conditions to Transfer
  • No Taxable Termination
  • Information from Transferee
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