Common use of Transfer Not an Event of Dissolution Clause in Contracts

Transfer Not an Event of Dissolution. Except as otherwise provided in Article X of this Agreement, the transfer by a Member of his Company interest shall not cause the dissolution or termination of the Company and the business of the Company may be continued thereafter by and for the benefit of the remaining Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Fresh2 Group LTD), Limited Liability Company Agreement

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Transfer Not an Event of Dissolution. Except as otherwise provided in Article X of this Agreement, the transfer by a Member (Series or Company) of his Company interest shall not cause the dissolution or termination of the Company and the business of the Company may be continued thereafter by and for the to benefit of the remaining Members.

Appears in 2 contracts

Samples: Series Limited Liability Company Operating Agreement, Series Limited Liability Company Operating Agreement

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Transfer Not an Event of Dissolution. Except as otherwise provided in Article X of this Agreement, the transfer by a Member of his Company interest Interest shall not cause the legal dissolution or termination of the Company and the business of the Company may be continued thereafter by and for the benefit of the remaining Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Miller Petroleum Inc)

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