Common use of Involuntary Withdrawal Clause in Contracts

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.3, the successor Interest Holder shall have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall be entitled to receive in liquidation of the Interest, pursuant the Act, the fair market value of the Member’s Interest as of the date the Member involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Economic Interest Holder Holder, but shall not become a Member. If the Company is continued as provided in Section 7.1.3, the successor Economic Interest Holder shall have all the rights of an Economic Interest Holder Holder, but neither the predecessor nor the successor Interest Holder shall not be entitled by reason of the withdrawal to receive in liquidation of the Economic Interest, pursuant the Act, the fair market value of the Member’s 's Economic Interest as of the date the Member involuntarily Involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.3, the successor Interest Holder shall have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall not be entitled to receive in liquidation of the Interest, pursuant to Section 4A-905(1)(ii) of the Act, the fair market value of the Member’s Interest as of the date the Member involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Economic Interest Holder Holder, but shall not become a Member. If the Company is continued as provided in Section 7.1.3, the successor Economic Interest Holder shall have all the rights of an Economic Interest Holder Holder, but neither the predecessor nor the successor Interest Holder shall not be entitled by reason of the withdrawal to receive in liquidation of the Economic Interest, pursuant the Act, the fair market value of the Member’s 's Economic Interest as of the date the Member involuntarily Involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn withdrawn Member shall will thereupon become an Interest Holder but shall will not become a Member, unless the Requirements for Substitution are satisfied. If the Company is continued as provided in Section 7.1.3, the The successor Interest Holder shall will have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall will be entitled to receive in liquidation of the Interest, pursuant the Act, the fair market value of the Member’s 's Interest as of the date the Member involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member member who has effectuated an Involuntary Withdrawal shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.3by vote of the members, the successor Interest Holder shall have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall not be entitled to receive in liquidation of the Interest, pursuant the Act, the fair market value of the Member’s Interest as of the date of the Member involuntarily withdrew Involuntary Withdrawal from the CompanyCompany as otherwise provided in Section 18-604 of the Act.

Involuntary Withdrawal. Immediately upon the occurrence of an ---------------------- Involuntary Withdrawal, the successor of the Withdrawn withdrawn Member shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.311.1(a), the successor Interest Holder shall --------------- have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall not be entitled to receive in liquidation of the Interest, pursuant the Act, Interest the fair market value of the Member’s 's Interest as of the date the Member involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence ---------------------- of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.3, the successor Interest Holder shall have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall not be entitled to receive in liquidation of the Interest, pursuant to Section 4A-905(1)(ii) of the Act, the fair market value of the Member’s 's Interest as of the date the Member involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.37.1.2, the successor Interest Holder shall have all the rights of an Interest Holder (i.e., the right to receive the profits, losses, and distributions that the Member would have received, at the time the Member would otherwise have been entitled to receive them had the Member not withdrawn), but neither the predecessor nor the successor Interest Holder shall not be entitled by reason of the withdrawal to receive in liquidation of the Interest, pursuant the Act, the fair market value of the Member’s 's Interest as of the date the Member involuntarily Involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn withdrawn Member shall thereupon become an Interest Holder but shall not become a MemberMember without the unanimous consent of the remaining Members. If the Company is continued as provided in Section 7.1.3., the successor Interest Holder shall have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall not be entitled to receive in liquidation of the Interest, pursuant the Act, Interest the fair market value of the Member’s Interest as of the date the Member involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Withdrawal Member shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.3, the successor Interest Holder shall have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall be entitled to receive in liquidation of the Interest, pursuant the Act, the fair market value of the Member’s Interest as of the date the Member involuntarily withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Economic Interest Holder Holder, but shall not become a Member. If the Company is continued as provided in Section 7.1.3In such event, the successor Economic Interest Holder shall have all the rights of an Economic Interest Holder Holder, but neither the predecessor nor the successor Interest Holder shall not be entitled by reason of the Member’s withdrawal to receive in liquidation of the Economic Interest, pursuant the Act, the fair market value of the Member’s Economic Interest or any other the purchase price as set forth in this Agreement as of the date the Member involuntarily withdrew Involuntarily Withdrew from the Company.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.3by vote of the members, the successor Interest Holder shall have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall not be entitled to receive in liquidation of the Interest, pursuant the Act, the fair market value of the Member’s Interest as of the date of the Member involuntarily withdrew involuntary withdrawal from the CompanyCompany as otherwise provided in Section 18-604 of the Act.

Involuntary Withdrawal. Immediately upon the occurrence of an Involuntary Withdrawal, the successor of the Withdrawn Member shall thereupon become an Interest Holder but shall not become a Member. If the Company is continued as provided in Section 7.1.3, the successor Interest Holder shall have all the rights of an Interest Holder but neither the predecessor nor the successor Interest Holder shall not be entitled to receive in liquidation of the Interest, pursuant the Act, the fair market value of the Member’s Interest as of the date of the Member involuntarily withdrew involuntary withdrawal from the Company as otherwise provided in Section 18-604 of the Act. SECTION 7 Dissolution, Liquidation, and Termination of the Company.