Changes in Ownership Interests. The Ownership Interests shall be eliminated or changed as follows: (a) upon Transfer by a Member of all, or any portion thereof, of the Member’s Ownership Interest in accordance with this Agreement; or (b) upon acquisition by either Strathmore or Yellowcake of part or all of the Ownership Interest of the other, however arising.
Appears in 2 contracts
Sources: Limited Liability Company Operating Agreement (Strathmore Minerals Corp.), Limited Liability Company Operating Agreement (Yellowcake Mining Inc.)
Changes in Ownership Interests. The Ownership Interests shall be eliminated or changed as follows: (a) upon Transfer by a Member of all, part or all of any portion thereof, of the Member’s Ownership Interest in accordance with this Agreement; or (b) upon acquisition by either Strathmore STRATHMORE or Yellowcake SUMITOMO of part or all of the Ownership Interest of the other, however arising.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Strathmore Minerals Corp.)