When Membership Ceases. A Person who is a Member shall cease to be a Member upon the Transfer of such Member’s entire Interest as permitted under this Agreement. A Member is not entitled to withdraw voluntarily from the LLC.
Appears in 5 contracts
Samples: Operating Agreement, Limited Liability Company Agreement (Sinclair Broadcast Group Inc), Operating Agreement (Where Food Comes From, Inc.)
When Membership Ceases. A Person who is a Member shall cease to be a Member upon the Voluntary Transfer or Involuntary Transfer of all of such Member’s entire Interest Units as permitted under this Agreement. A Member is not entitled to withdraw voluntarily from the LLCCompany while such Member owns Units.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Beyond Commerce, Inc.), Limited Liability Company Agreement
When Membership Ceases. A Person who is a Member shall cease to be a Member upon the Voluntary Transfer or Involuntary Transfer of such Member’s entire Interest Units as permitted under this Agreement. A Member is not entitled to withdraw voluntarily from the LLCCompany while such Member owns Units.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (CERES Coin LLC), Limited Liability Company Agreement (Yangtze River Development LTD), Limited Liability Company Operating Agreement
When Membership Ceases. A Person who is a Member shall cease to be a Member upon the Voluntary Transfer or Involuntary Transfer of such Member’s entire Interest as permitted under this Agreement. A Member is not entitled to withdraw voluntarily from the LLCLLC while such Member owns an Interest.
Appears in 1 contract
Samples: Limited Liability Company Agreement (EcoReady Corp)
When Membership Ceases. A Person who is a Member shall cease to be a Member upon the Transfer of such Member’s entire Interest as permitted under this Agreement. A Member is not entitled to withdraw voluntarily from the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Knight-Swift Transportation Holdings Inc.)
When Membership Ceases. A Member is not entitled to withdraw voluntarily. A Person who is a Member shall cease to be a Member only upon the Transfer of such Member’s entire Interest as permitted under this Agreement. A Member is not entitled to withdraw voluntarily from Agreement of the LLCMember’s entire Interest.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Axiall Corp/De/)
When Membership Ceases. A Person who is a Member shall cease to be a Member only upon the Transfer of such Member’s entire Interest (other than a pledge or hypothecation) as permitted under this AgreementAgreement of all of the Units held by such Member. A Member is not otherwise entitled to withdraw voluntarily from the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dover Glen, Inc.)
When Membership Ceases. A Person Person, who is a Member Member, shall cease to be a Member only upon the Transfer of such Member’s entire Interest as permitted under this AgreementAgreement (including with respect to any unvested Units, a forfeiture) of the Member’s entire Interest. A Member is not entitled to withdraw voluntarily from the LLCCompany.
Appears in 1 contract
Samples: Series 2 Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)
When Membership Ceases. A Person who is a Member shall cease to be a Member upon the Voluntary Transfer or Involuntary Transfer of such Member’s entire Interest Units as permitted under this Agreement. A Member is not entitled to withdraw voluntarily from the LLCFund while such Member owns Units.
Appears in 1 contract
When Membership Ceases. A Person who is a Member shall cease to be a Member only upon the Transfer of such Member’s entire Interest as permitted under this AgreementAgreement of the Member’s entire Interest. A Member is not entitled to withdraw voluntarily from the LLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.)
