Divorce. If in connection with the dissolution of the marriage of any married Member, the Member enters into a property settlement agreement or any court issues an interlocutory decree or other order, the terms of which transfer or award all or part of the Interest of the Member in the Company to the Member’s spouse, whether as a confirmation or a disposition of the spouse’s property rights or otherwise.
Appears in 26 contracts
Samples: Operating Agreement of Artisan, Operating Agreement, Operating Agreement
Divorce. If in connection with the dissolution of the marriage of any married Member, the Member enters into a divorce or property settlement agreement agreement, or any a court of competent jurisdiction issues an interlocutory decree or other order, the terms of which will transfer or award all or part of the Membership Interest of the Member in the Company to the Member’s spouse, whether as a confirmation or a disposition of the spouse’s property rights or otherwise.
Appears in 1 contract
Samples: Operating Agreement
Divorce. If in connection with the dissolution of the marriage of any married Member, the Member enters into a property settlement agreement or any court issues an interlocutory decree or other order, the terms of which transfer or award all or part of the Interest of the Member in the Company Trust to the Member’s spouse, whether as a confirmation or a disposition of the spouse’s property rights or otherwise.
Appears in 1 contract
Samples: Operating Agreement
