Common use of Bankruptcy Clause in Contracts

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy (as defined in the Act) of a Member shall not cause the Member to cease to be a member of the Company and, upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 257 contracts

Samples: Limited Liability Company Agreement (Charter Communications Inc /Mo/), Limited Liability Company Agreement (Charter Communications Inc /Mo/), Limited Liability (Time Warner Cable Information Services (Texas), LLC)

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Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy Bankruptcy (as defined in Sections 18-101(1) and 18-304 of the Act) of a the Member shall not cause the Member to cease to be a member of the Company andCompany, and upon the occurrence of such an event, the business of the Company shall continue be automatically continued without dissolution.

Appears in 110 contracts

Samples: Limited Liability Company Agreement (Chicagoland Television News, LLC), Limited Liability Company Agreement (Chicagoland Television News, LLC), Limited Liability Company Agreement (Chicagoland Television News, LLC)

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy (as defined in the Act) Bankruptcy of a Member shall not cause the such Member to cease to be a member of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 35 contracts

Samples: Limited Liability Company Agreement (TerraForm Power, Inc.), Limited Liability Company Agreement (Resource America Inc), Limited Liability Company Agreement (TerraForm Power, Inc.)

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy (as defined in the Act) Bankruptcy of a Member shall not cause the such Member to cease to be a member partner of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Planet Fitness, Inc.), Limited Liability Company Agreement (PetIQ, Inc.), Limited Liability Company Agreement (Norcraft Companies, Inc.)

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy (as defined in Bankruptcy of the Act) of Member or a Special Member shall not cause the Member or Special Member, respectively, to cease to be a member of the Company and, and upon the occurrence of such an event, the business of the Company shall continue without dissolution.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Dell Inc), Connection and Access Agreement (Energy XXI LTD), Connection and Access Agreement (CorEnergy Infrastructure Trust, Inc.)

Bankruptcy. Notwithstanding any other provision of this Agreement, the The bankruptcy (as defined in Sections 18-101(1) and 18-304 of the Act) of a the Member shall will not cause the Member to cease to be a member Member of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (WUS Holding, L.L.C.), Limited Liability Company Agreement (WUS Holding, L.L.C.), Limited Liability Company Agreement (WUS Holding, L.L.C.)

Bankruptcy. Notwithstanding any other provision of this AgreementAgreement to the contrary, the bankruptcy (as defined in the Act) of a Member shall not cause the dissolution of the Company or such Member to cease to be a member Member of the Company andCompany, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 3 contracts

Samples: Operating Agreement (American Property Acquisitions VII, LLC), Operating Agreement (American Property Acquisitions VII, LLC), Operating Agreement (American Property Acquisitions VII, LLC)

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy (as defined in the Act) Bankruptcy of a Member or a Special Member shall not cause the a Member or Special Member, respectively, to cease to be a member of the Company and, and upon the occurrence of such an event, the business of the Company shall continue without dissolution.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Daimlerchrysler Wholesale Receivables LLC), Carco Auto Loan Master Trust, Daimlerchrysler Wholesale Receivables LLC

Bankruptcy. Notwithstanding any other provision The bankruptcy of this Agreement, the bankruptcy (as defined in the Act) of a Member shall will not cause the Member to cease to be a member of the Company and, 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 (Henry Bros. Electronics, Inc. / VA), Henry Bros. Electronics, Inc. / VA

Bankruptcy. Notwithstanding any other provision The bankruptcy of this Agreement, the bankruptcy (as defined in the Act) of a Member shall not cause the 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 2 contracts

Samples: Non Competition Agreement (Websidestory Inc), Non Competition Agreement (Omniture, Inc.)

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy (as defined in Bankruptcy of the Act) of a Member shall not cause the Member to cease to be a member of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ipr LLC), Limited Liability Company Agreement (Ipr LLC)

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy The “bankruptcy” (as defined in Sections 18-101(1) and 18-304 of the Act) of a Member shall not cause the such Member to cease to be a member of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Rice Acquisition Corp. II), Limited Liability Company Agreement (Archaea Energy Inc.)

Bankruptcy. Notwithstanding any other provision The bankruptcy of this Agreement, the bankruptcy (as defined in the Act) of a Member shall not cause the Member to cease to be a member of the Company and, 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 (Green Tree SerVertis Acquisition LLC), Limited Liability Company Agreement (Mountain Falls, LLC)

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy (as defined in the Act) of a Member shall not cause the such Member to cease to be a member of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 2 contracts

Samples: Registration Rights Agreement (Focus Financial Partners Inc.), Operating Agreement (Focus Financial Partners Inc.)

Bankruptcy. Notwithstanding any other provision The bankruptcy of this Agreement, the bankruptcy (as defined in the Act) of a Member shall not cause the Member to cease to be a member of the Company and, and upon the occurrence of such an event, the business of the Company shall continue without dissolution. For this purpose, “bankruptcy” has the definition ascribed to it in the Act.

Appears in 1 contract

Samples: Limited Liability (Vitamin Shoppe, Inc.)

Bankruptcy. Notwithstanding The bankruptcy or insolvency of the Member, or the occurrence of any other provision event listed in Section 18-304 of this Agreement, the bankruptcy (as defined in the Act) of a Member , shall not cause the Member to cease to be a member of the Company and, and upon the occurrence of such an event, the business of the Company shall continue without dissolution. For this purpose, “bankruptcy” has the definition ascribed to it in the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Franchise Group, Inc.)

Bankruptcy. Notwithstanding any The bankruptcy or other provision event described in Section 18-304 of this Agreement, the bankruptcy (as defined in the Act) of Act with respect to a Member shall will not cause the such Member to cease to be a member of the Company Member and, upon the occurrence of such an event, the business of the Company shall continue without dissolution.

Appears in 1 contract

Samples: Purchase and Sale Agreement (NextEra Energy Partners, LP)

Bankruptcy. Notwithstanding any other provision of this Agreement, the The bankruptcy (as defined in the LLC Act) of a Member of the Company shall not cause the such Member to cease to be a member Member of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Bankruptcy. Notwithstanding any other provision of this Agreement, the The bankruptcy (as defined in at Sections 18-101(1) and 18- 304 of the Act) of a the Member shall not cause the Member to cease to be a the member of the Company andCompany, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

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Bankruptcy. Notwithstanding any other provision of this AgreementAgreement to the contrary, the bankruptcy (as defined in of the Act) of a Member shall not cause the dissolution of the Company or such Member to cease to be a member Member of the Company andCompany, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 1 contract

Samples: Limited Liability Company Agreement (American Property Acquisitions VII, LLC)

Bankruptcy. Notwithstanding any other provision The bankruptcy of this Agreement, the bankruptcy (as defined in the Act) of a Member shall will not cause the Member to cease to be a member of the Company and, Member and upon the occurrence of such an event, the business of the Company shall continue without dissolution.

Appears in 1 contract

Samples: Company Agreement (WUS Holding, L.L.C.)

Bankruptcy. Notwithstanding any other provision of this AgreementAgreement to the contrary, the bankruptcy Bankruptcy (as defined in the Actherein) of a any Member or Special Member shall not cause the such Member or Special Member to cease to be a member of the Company and, 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 (Glimcher Realty Trust)

Bankruptcy. Notwithstanding any other provision of this Agreement, the The bankruptcy (as defined in at Sections 18-101(1) and 18-304 of the Act) of a the Member shall not cause the Member to cease to be a the member of the Company andCompany, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Bankruptcy. Notwithstanding any other provision provisions of this Agreement, the bankruptcy (as defined in the Act) of a Member shall not cause the such Member to cease to be a member of the Company andCompany, and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Jefferies Group LLC)

Bankruptcy. Notwithstanding any other provision of this Agreement, the The bankruptcy (as defined in Sections 18-101(1) and 18-304 of the Act) of a the Member shall will not cause the Member to cease to be a member Member of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution.. (c)

Appears in 1 contract

Samples: Limited Liability Company Agreement (Weatherford International LTD)

Bankruptcy. Notwithstanding any other provision of this AgreementAgreement to the contrary, the bankruptcy (as defined in the Act) of a Member shall not cause the such Member to cease to be a member of the Company and, company and upon the occurrence of such an event, the Company shall continue without dissolution.

Appears in 1 contract

Samples: Original Operating Agreement (United Realty Trust Inc)

Bankruptcy. Notwithstanding any other provision of this Agreement, (a) the bankruptcy (as defined in or insolvency of the Act) of a Member shall not cause the Member to cease to be a member of the Company and, and upon the occurrence of such an event, the Company shall continue without dissolution, and (b) the Member waives any right it might have to agree in writing to dissolve the Company upon the bankruptcy or insolvency of the Member, or the occurrence of an event that causes the Member to cease to be a member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (U.S. Well Services Holdings, LLC)

Bankruptcy. Notwithstanding any The bankruptcy or other provision event described in Section 18‑304 of this Agreement, the bankruptcy (as defined in the Act) of Act with respect to a Member shall will not cause the such Member to cease to be a member of the Company Member and, upon the occurrence of such an event, the business of the Company shall continue without dissolution.. 846706.021-WILSR01A - MSW

Appears in 1 contract

Samples: Purchase and Sale Agreement (NextEra Energy Partners, LP)

Bankruptcy. Notwithstanding any other provision provisions of this Agreement, the bankruptcy (as defined in the Act) of a Member shall not cause the such Member to cease to be a member of the Company andCompany, and upon the occurrence of such an event, the Company shall continue without dissolution.. ARTICLE 7

Appears in 1 contract

Samples: Limited Liability Company Agreement (Jefferies Group LLC)

Bankruptcy. Notwithstanding any other provision of this Agreement, the bankruptcy Bankruptcy (as defined in Section 2(1) of the Act) of a the Member shall not cause the Member to cease to be a member of the Company andCompany, and upon the occurrence of such an event, the business of the Company shall continue be automatically continued without dissolution.

Appears in 1 contract

Samples: Operating Agreement (COURIER Corp)

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