Common use of Actions Upon Resignation Clause in Contracts

Actions Upon Resignation. Upon the resignation or deemed resignation of a Member, or the relinquishment of a Member’s Interest, the Member shall execute and deliver such instruments of assignment and conveyance, conveying its Interest to the Company (or to a designee of the Company designated by the other Member, which may include the other Member or its Affiliates) as the other Member reasonably requests.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Timberline Resources Corp), Limited Liability Company Agreement (Contango ORE, Inc.), Limited Liability Company Operating Agreement (Gold Torrent Canada Inc)

AutoNDA by SimpleDocs

Actions Upon Resignation. Upon the resignation or deemed resignation of a Member, or the relinquishment of a Member’s Interest, the Member shall will execute and deliver such instruments of assignment and conveyance, conveying its Interest to the Company (or to a designee of the Company designated by the other Member, which may include the other Member or its Affiliates) as the other Member reasonably requests.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Texas Mineral Resources Corp.)

Actions Upon Resignation. Upon the resignation or deemed resignation of a Member, or the relinquishment of a Member’s 's Interest, the Member shall execute and deliver such instruments of assignment and conveyance, conveying its Interest to the Company (or to a designee of the Company designated by the other Member, which may include the other Member or its Affiliates) as the other Member reasonably requests.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Actions Upon Resignation. Upon the resignation or deemed resignation of a Member, or the relinquishment of a Member’s Interest, the Member shall execute and deliver such instruments of assignment and conveyance, conveying its Interest to the Company (or to a designee of the Company designated by the other Member, which may include the other Member or its Affiliates) as the other Member reasonably requests.

Appears in 1 contract

Samples: Limited Liability Company Agreement

AutoNDA by SimpleDocs

Actions Upon Resignation. Upon the resignation or deemed resignation of a Member, or the relinquishment of a Member’s 's Interest, the Member shall execute and deliver such instruments of assignment and conveyance, conveying its Interest to the Company (or to a designee of the Company designated by the other Member, which may include the other Member or its Affiliates) as the other Member reasonably requests.. 9.2

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Solitario Exploration & Royalty Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!