Common use of Type of Transfer Clause in Contracts

Type of Transfer. Seller and Buyer should check the appropriate box (or boxes) to indicate the type of transfer. ❑ Involuntary transfer to an administrator or trustee by operation of law (death of a joint tenant, intestacy, divorce, bankruptcy, conservatorship). ❑ Lifetime gift ❑ To related party without consideration Indicate relationship ❑ To others ❑ Lifetime transfer to a trust ❑ For the benefit of related party without consideration Indicate relationship ❑ For the benefit of others without consideration ❑ Transfer pursuant to a Will or trust of a deceased member. ❑ Transfer is to related party without consideration Indicate relationship ❑ Transfer is not to a related party of the deceased member but is without consideration ❑ Transfer for value

Appears in 2 contracts

Sources: Unit Transfer Agreement, Unit Transfer Agreement