Obligations of Transferring Member. Except as otherwise agreed to by the Members, no transfer by a Member of all or any portion of an interest in the Company shall, to any extent, relieve the transferring Member of any of such Member's obligations to the Company or liability, if any, as a Member (whether or not such person remains as a Member).
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Obligations of Transferring Member. Except as otherwise agreed to by the MembersManager, no transfer by a Member of all or any portion of an interest in the Company shall, to any extent, relieve the transferring Member of any of such Member's ’s obligations to the Company or liability, if any, as a Member (whether or not such person remains as a Member).
Appears in 1 contract
Obligations of Transferring Member. Except as otherwise agreed to by the Members, no No transfer by a Member of all or any portion of an interest Interest in the Company shall, to any extent, relieve the transferring Member of any of such Member's ’s obligations to the Company or liability, if any, as a Member (whether or not such person remains as a Member).
Appears in 1 contract
Samples: Operating Agreement (Intelligent Highway Solutions, Inc.)