Bankruptcy of Member. The bankruptcy or dissolution of any member will not cause such member to cease to be a member of the Company and upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc)
Bankruptcy of Member. The bankruptcy or dissolution (as defined in Section 18-101(1) and 18-304 of any member will the Act) of the Member shall not cause such member the Member to cease to be a member of the Company Company, and upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Bankruptcy of Member. The bankruptcy or dissolution (as defined in Section 18-101(1) of any member will the Act) of the Member shall not cause such member the Member to cease to be a member of the Company Company, and upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Intertape Woven Products Services S.A. De C.V.)
Bankruptcy of Member. The Notwithstanding any provision in this Agreement, the bankruptcy or dissolution (as defined in the Act) of any member will a Member shall not cause such member Member to cease to be a member of the Company and upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Capital Trust Inc)
Bankruptcy of Member. The bankruptcy of a Member or dissolution the occurrence of any member will of the events described in Section 18-304 with respect to a Member shall not cause such member the Member to cease to be a member of the Company and or a dissolution of the Company and, upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 1 contract
Samples: Operating Agreement (PayMeOn, Inc.)
