Common use of Events Affecting Clause in Contracts

Events Affecting. a Member of the Company Title to Company Assets. The death, bankruptcy, withdrawal, insanity, incompetency, temporary or permanent incapacity, liquidation, dissolution, reorganization, merger, sale of all or substantially all the stock or assets of, or other change in the ownership or nature of a Member will not dissolve the Company.

Appears in 1 contract

Sources: Individual Series Limited Liability Company Agreement (Freeport Holdings Series LLC)

Events Affecting. a Member of the Company Title to Company AssetsCompany. The death, bankruptcy, withdrawal, insanity, incompetency, temporary or permanent incapacity, liquidation, dissolution, reorganization, merger, sale of all or substantially all the stock or assets of, or other change in the ownership or nature of a Member will shall not dissolve the Company.

Appears in 1 contract

Sources: Limited Liability Company Agreement