DISTRIBUTION OF DISSOCIATING MEMBERS INTEREST. Pursuant to Section 18- 601 of the Act, 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 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
DISTRIBUTION OF DISSOCIATING MEMBERS INTEREST. Pursuant to Section 18- 601 Sections 507 and 509 of the ActLaw, 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 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
DISTRIBUTION OF DISSOCIATING MEMBERS INTEREST. Pursuant to Section 18- 601 1706.08 of the Act, 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 4 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
