Common use of Withdrawal of Members Clause in Contracts

Withdrawal of Members. Without the prior written consent of the Managing Member, which may be granted or withheld in its sole discretion, and except as provided in Section 11.1, no Member shall have the right to withdraw from the Company.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Penn Virginia Resource Partners L P), Limited Liability Company Agreement (Penn Virginia Resource Partners L P), Pacific Energy Partners Lp

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Withdrawal of Members. Without the prior written consent of the Managing Member, which may be granted or withheld in its sole discretion, and except as provided in Section 11.112.1, no Member shall have the right to withdraw from the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Holly Energy Partners Lp)

Withdrawal of Members. Without the prior written consent of the Managing Member, which may be granted or withheld in its sole discretion, and except as provided in Section 11.1, no Member shall have the right to withdraw from the Company.. ARTICLE XIII

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pacific Energy Partners Lp)

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Withdrawal of Members. Without (a) A Member shall not have the right to withdraw from the Company except with the prior written consent of the Managing Member, which consent may be granted or withheld in its sole and absolute discretion, and except as provided in Section 11.1, no Member shall have the right to withdraw from the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Marsh & McLennan Companies Inc)

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