Bankruptcy of a Member. The occurrence of any event described in Section 18-304 of the Act shall not in and of itself cause such Member to cease to be a member of the Company.
Appears in 4 contracts
Samples: Joint Venture Operating Agreement (Taubman Centers Inc), Limited Liability Company Agreement (Taubman Centers Inc), Limited Liability Company Agreement (Taubman Centers Inc)
Bankruptcy of a Member. The occurrence of any event described set forth in Section 18-304 of the Act (Events of Bankruptcy) with respect to a Member (or similar bankruptcy or insolvency event under any law or statute governing such Member ) shall not in and of itself cause such Member to cease to be a member Member of the CompanyCompany and, upon the occurrence of such an event, the Company shall continue without dissolution.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Blackstone Mortgage Trust, Inc.)
Bankruptcy of a Member. The occurrence of any event described in Section 18-304 of the Act shall not in and of itself cause such Member to cease to be a member Member of the Company.
Appears in 1 contract
Bankruptcy of a Member. The occurrence of any event described in Section 18-304 of the Act with respect to a Member shall not in and of itself cause such Member to cease to be a member Member of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (McGraw-Hill Companies Inc)
