Common use of Withdrawal of Members Clause in Contracts

Withdrawal of Members. No Member shall have the right to withdraw from the Company or to demand a return of its capital interest at any time except upon termination and dissolution of the Company, unless agreed to by the unanimous written consent of the other Members.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Cyberkinetics Neurotechnology Systems, Inc.), Operating Agreement (Genzyme Transgenics Corp), Operating Agreement (Geltex Pharmaceuticals Inc)

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Withdrawal of Members. No Member shall have the right to withdraw from the Company or to demand a return of its capital interest at any time except upon termination and dissolution of without the Company, unless agreed to by the unanimous written consent of a Majority in Interest (excluding the other Memberswithdrawing Member).

Appears in 3 contracts

Samples: Limited Liability Company Agreement (HF Enterprises Inc.), Limited Liability Company Agreement (HF Enterprises Inc.), Limited Liability Company Agreement (SeD Intelligent Home Inc.)

Withdrawal of Members. No Member shall have the right to withdraw from the Company or to demand without the consent of a return of its capital interest at any time except upon termination and dissolution of the Company, unless agreed to by the unanimous written consent Majority in Interest of the other MembersMembers (excluding the withdrawing Member).

Appears in 2 contracts

Samples: Operating Agreement, Multi Member LLC Operating Agreement

Withdrawal of Members. No (a) Except as otherwise provided herein, no Member shall have the right to withdraw from the Company or to demand a return of its capital interest at any time except upon termination and dissolution of the Company, unless agreed to by the unanimous written consent of the other Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Fortress Brookdale Investment Fund LLC), Limited Liability Company Agreement (Fortress Pinnacle Investment Fund LLC)

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Withdrawal of Members. No Except as this Agreement otherwise expressly provides, no Member shall have the right or the power to withdraw or resign from the Company or to demand a return without the consent of its capital interest at any time except upon termination and dissolution all of the Company, unless agreed to by the unanimous written consent of the other Members.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Immucell Corp /De/), Limited Liability Company Agreement (Immucell Corp /De/)

Withdrawal of Members. No Member shall have the right to withdraw --------------------- from the Company or to demand a return of its capital interest at any time except upon termination and dissolution of the Company, unless agreed to by the unanimous written consent of the other Members.

Appears in 1 contract

Samples: Operating Agreement (Biomarin Pharmaceutical Inc)

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