Common use of Admissions and Withdrawals Clause in Contracts

Admissions and Withdrawals. No Person shall be admitted to the Company as a Member except in accordance with Paragraph 7.9 (in the case of transferees of a permitted Transfer of a Membership Interest in the Company from another Person) or Paragraph 3.7 (in the case of Additional Members). Except as otherwise specifically set forth herein, no Member or Economic Interest Holder shall be entitled to retire, resign or withdraw from being a Member or Economic Interest Holder of the Company without the prior written consent of the Majority in Interest. Any purported admission or withdrawal that is not in accordance with this Agreement shall be null and void.

Admissions and Withdrawals. No Person shall be admitted to the Company as a Member except in accordance with Paragraph 7.9 (in the case of transferees of a permitted Transfer of a Membership Interest in the Company from another Person) or Paragraph 3.7 (in the case of Additional Members)Sections 8.3, 9.3 and 10.2. Except as otherwise specifically set forth hereinin Section 9.2(a), no Member or Economic Interest Holder shall be entitled to retire, resign or withdraw from being a Member or Economic Interest Holder of the Company without the prior written consent of the Majority Managers, which consent may be given, withheld or made subject to such conditions as are determined by the Managers, in Interesttheir sole and absolute discretion. Neither the admission of a Member nor the withdrawal of a Member, whether in accordance with this Agreement or not, shall cause the dissolution of the Company. Any purported admission admission, withdrawal or withdrawal that removal which is not in accordance with this Agreement shall be null and void.

Admissions and Withdrawals. No Person shall be admitted to the Company as a Member except in accordance with Paragraph 7.9 Section 3.2 (in the case of Persons obtaining an Interest in the Company directly from the Company) or this Article 7 (in the case of transferees of a permitted Transfer of a Membership an Interest in the Company from another Person) or Paragraph 3.7 (in the case of Additional Membersby any Member). Except as otherwise specifically set forth hereinin Section 7.5, no Member or Economic Interest Holder shall be entitled to retire, resign retire or withdraw from being a Member or Economic Interest Holder of the Company without the prior written consent of the Majority in InterestMajority-in-Interest of the Members. No admission or withdrawal of a Member shall cause the dissolution of the Company. Any purported admission or withdrawal that is not in accordance with this Agreement shall be null and void.