Bankruptcy of the Member. If any event of bankruptcy specified in Section 18-304(a) of the Act occurs with respect the Member, then the Member will, notwithstanding the occurrence of such event of bankruptcy, remain a Member of the Company and, notwithstanding such event of bankruptcy, the Company will continue, subject to the provisions of Section 4.3(c)(iii).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables LLC)
Bankruptcy of the Member. If any event of bankruptcy specified in ------------------------ Section 18-304(a) of the Act occurs shall occur with respect the Member, then the Member willshall, notwithstanding the occurrence of such event of bankruptcy, remain a Member of the Company LLC and, notwithstanding such event of bankruptcy, the Company will LLC shall continue, subject to the provisions of Section 4.3(c)(iii)18.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables LLC)
Bankruptcy of the Member. If any event of bankruptcy specified in Section 18-304(a) of the Act occurs shall occur with respect the Member, then the Member willshall, notwithstanding the occurrence of such event of bankruptcy, remain a Member of the Company LLC and, notwithstanding such event of bankruptcy, the Company will LLC shall continue, subject to the provisions of Section 4.3(c)(iii)13. 17.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Partners First Receivables Funding Corp)
Bankruptcy of the Member. If any event of bankruptcy specified in Section 18-304(a) of the Act occurs shall occur with respect the Member, then the Member willshall, notwithstanding the occurrence of such event of bankruptcy, remain a Member of the Company and, notwithstanding such event of bankruptcy, the Company will shall continue, subject to the provisions of Section 4.3(c)(iii).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ford Credit Auto Receivables Two LLC)