Common use of Repeal or Modification Clause in Contracts

Repeal or Modification. Any repeal or modification of this Article 13 by the Members of the Company shall not adversely affect any right of a Director, Member or officer of the Company existing hereunder at the time of such repeal or modification.

Appears in 8 contracts

Sources: Limited Liability Company Agreement (Phillips 66), Consent Agreement (Phillips 66), Limited Liability Company Agreement (Phillips 66)

Repeal or Modification. Any repeal or modification of this Article 13 15 by the Members of the Company shall not adversely affect any right of a DirectorManager, Member Member, officer, employee, or officer agent of the Company existing hereunder at the time of such repeal or modification.

Appears in 5 contracts

Sources: Operating Agreement (Quantum Space Fund, LLC), Operating Agreement (Shasta Power Fund II, LLC), Operating Agreement (Shasta Power Fund II, LLC)

Repeal or Modification. Any repeal or modification of this Article 13 14 by the Members of the Company shall not adversely affect any right of a DirectorManager, Member Member, officer, employee or officer agent of the Company existing hereunder at the time of such repeal or modification.

Appears in 5 contracts

Sources: Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC)

Repeal or Modification. Any repeal or modification of this Article 13 14 by the Members of the Company shall not adversely affect any right of a DirectorManager, Member Member, officer, employee, or officer agent of the Company existing hereunder at the time of such repeal or modification.

Appears in 2 contracts

Sources: Operating Agreement (Benchmark Real Estate Investment Fund, LLC), Operating Agreement (Benchmark Real Estate Investment Fund, LLC)

Repeal or Modification. Any repeal or modification of this Article 13 15 by the Members of the Company shall not adversely affect any right of a DirectorManager, Member Member, officer, employee, agent or officer Affiliate of the Company existing hereunder at the time of such repeal or modification.

Appears in 2 contracts

Sources: Limited Liability Company Operating Agreement (SRAM International Corp), Master Transaction Agreement (SRAM International Corp)

Repeal or Modification. Any repeal or modification of this Article 13 14, by the Members of the Company shall not adversely affect any right of a DirectorManager, Member Member, officer employee or officer agent of the Company existing hereunder at the time of such repeal or modification.

Appears in 1 contract

Sources: Operating Agreement (Xiv-I Invest 1, LLC)

Repeal or Modification. Any repeal or modification of this Article 13 12 by the Members of the Company shall not adversely affect any right of a Director, Member or officer of the Company existing hereunder at the time of or prior to such repeal or modification.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (Verenium Corp)