Common use of Distribution Upon Withdrawal Clause in Contracts

Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this Agreement.

Appears in 71 contracts

Samples: Agreement and Plan of Merger (CSI Compressco LP), Limited Liability Company Agreement (Stronghold Digital Mining, Inc.), Limited Liability Company Agreement (Solaris Oilfield Infrastructure, Inc.)

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Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this Agreement.

Appears in 19 contracts

Samples: Limited Liability Company Agreement (Atlas Energy Solutions Inc.), Limited Liability Company Agreement (Beard Energy Transition Acquisition Corp.), Limited Liability Company Agreement (ProFrac Holding Corp.)

Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest Units in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this LLC Agreement.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Utz Brands, Inc.), Business Combination Agreement (Proptech Investment Corp. Ii), Limited Liability Company Agreement (Wheels Up Experience Inc.)

Distribution Upon Withdrawal. No withdrawing resigning Member shall be entitled to receive any distribution or the value of such Member’s Interest Units in the Company as a result of withdrawal resignation from the Company prior to the liquidation of the Company, except as specifically provided in this LLC Agreement.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Thayer Ventures Acquisition Corp), Limited Liability Company Agreement (Inspirato Inc), Limited Liability Company Agreement (Inspirato Inc)

Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation winding up and dissolution of the Company, except as specifically provided in this Agreement.

Appears in 2 contracts

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

Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as otherwise specifically provided in this Agreementherein.

Appears in 1 contract

Samples: Operating Agreement (Rural Metro of South Dakota Inc)

Distribution Upon Withdrawal. No withdrawing Member shall be is entitled to receive any distribution or the value of such Member’s Interest in the Company Units as a result of withdrawal from the Company prior to the liquidation of the Company, except as otherwise specifically provided in this Agreementherein.

Appears in 1 contract

Samples: Operating Agreement (MGM Mirage)

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Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s 's Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this Agreement.

Appears in 1 contract

Samples: Operating Agreement (Cerprobe Corp)

Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this Agreement.. ARTICLE VI

Appears in 1 contract

Samples: Limited Liability Company Agreement (Stronghold Digital Mining, Inc.)

Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this Agreement.. 34

Appears in 1 contract

Samples: Limited Liability Company Agreement (Stronghold Digital Mining, Inc.)

Distribution Upon Withdrawal. No withdrawing Member shall be entitled to receive any distribution or the value of such Member’s Interest in the Company as a result of withdrawal from the Company prior to the liquidation of the Company, except as specifically provided in this Agreement. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not be required to make a distribution to any Member on account of its interest in the Company if such distribution would violate the Act or any other applicable law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Remora Royalties, Inc.)

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