Common use of Transfer and Assignment of Interests Clause in Contracts

Transfer and Assignment of Interests. With the exception of transfers between family members, stated in 6.3, Members who wish to transfer, assign, convey or sell their Membership Interest must obtain unanimous written approval from the other Members. The other Members may approve or reject this request in their sole discretion.

Appears in 35 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Transfer and Assignment of Interests. Transfer and Assignment of Interests. With the exception of transfers between family members, stated in 6.3, Members who wish to transfer, assign, convey or sell their Membership Interest must obtain unanimous written approval from the other Members. The other Members may approve or reject this request in their sole discretion.

Appears in 3 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement