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Common use of Transferability of Units Clause in Contracts

Transferability of Units. Neither the Units nor any interest therein may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner.

Appears in 4 contracts

Sources: Equity Unit Agreement (Homebase Inc), Equity Unit Agreement (Homebase Inc), Replacement Equity Unit Agreement (Homebase Inc)

Related Clauses

  • Transferability of Options
  • Transferability of Option
  • Non-Transferability of Options
  • Non-Transferability of Option
  • Transferability of Award

Parent Clauses

  • Miscellaneous
  • General Provisions
  • ASSIGNMENT OF ASSIGNEE UNITS TO INVESTORS; TRANSFERABILITY OF LIMITED PARTNER INTERESTS AND UNITS
  • Transfer of Units
  • Minimum Gain Chargeback

Sub-Clauses

  • Restrictions on Transfer
  • Continuation of LLC
  • Additional Restrictions
  • Co-sale Rights
  • Right of First Refusal for Members
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