DISTRIBUTION OF DISSOCIATING MEMBERS INTEREST. Upon determination of the dissociating Members’ interest value, the value will be a debt of the Company. The dissociating Member will only be able to demand payment of this debt at dissolution of the Company or by the following method:
Appears in 162 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
DISTRIBUTION OF DISSOCIATING MEMBERS INTEREST. Upon determination of the dissociating Members’ Member’s interest value, the value will be a debt of the Company. The dissociating Member will may only be able to demand payment of this debt at upon dissolution of the Company or payment by the following method:
Appears in 2 contracts
Samples: Operating Agreement, Limited Liability Company Operating Agreement
