Common use of Voluntary Withdrawal Clause in Contracts

Voluntary Withdrawal. A Member may withdraw voluntarily from the Company at any time by written notice to the Company given at least fifteen (15) days in advance. Upon a voluntary withdrawal by a Member, the Member shall cease to have a Membership Interest, the Member’s Membership Interest shall be automatically converted into just an Economic Interest and the Member shall not be entitled to receive the fair value of the Membership Interest as of the date of such withdrawal as otherwise provided in Section 18-604 of the Act.

Voluntary Withdrawal. A Member may voluntarily withdraw voluntarily from the Company at any time by giving thirty (30) days advance written notice to the Company. Upon receipt of such notice, the Company given at least fifteen shall have ninety (1590) days in advance. Upon a voluntary withdrawal by a to remit to the withdrawing Member cash equal to such Member, the Member shall cease to have a Membership Interest, the ’s Allocable Ownership as payment for such Member’s Membership Interest shall be automatically converted into just an Economic Interest and the Member shall not be entitled to receive the fair value of the Membership Interest as of the date of such withdrawal as otherwise provided in Section 18-604 of the ActInterest.

Voluntary Withdrawal. A (a) Any Member may withdraw voluntarily from the company by giving 120 days notice of intent of Voluntary Withdrawalto each of the other members. Upon the effective date of the Voluntary Withdrawal of any Member, the Companyshall be terminated, unless within 120 days of receipt by the Company at any time by written of the notice of intent of Voluntary Withdrawal, all of the remaining Members shall give notice to the Company given at least fifteen (15) days in advance. Upon a voluntary withdrawal by a Member, the withdrawing Member shall cease to have a Membership Interest, the Member’s Membership Interest shall be automatically converted into just an Economic Interest and the Member shall not be entitled to receive the fair value of the Membership Interest as remaining Members’ election to purchase the interest of the date of such withdrawal as otherwise provided withdrawing Member in accordance with Section 18-604 8.4 hereof and to continue the business of the Actcompany. (b) [DELETED]