Common use of Additional Terms Relating to Members Clause in Contracts

Additional Terms Relating to Members. No Member has the right or power to Resign and no Member may be Expelled from the Company (other than in the event that such Member ceases to hold Units).

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

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Additional Terms Relating to Members. No Member has the right or power to Resign withdraw or resign from the Company without the prior consent of each other Member, no Member shall be liable for the debts, obligations or liabilities of the Company and no Member may be Expelled expelled from the Company (other than in the event that such Member ceases to hold any Membership Units).

Appears in 1 contract

Samples: NRG Energy, Inc.

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