Common use of Approval of Reorganizations and Bankruptcy Clause in Contracts

Approval of Reorganizations and Bankruptcy. Without the consent of the Member, (i) the Company shall not engage in any Reorganization or (ii) commence any proceedings or the filing of any petition seeking relief under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal or state bankruptcy, insolvency or similar law.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mosaic Crop Nutrition, LLC), Limited Liability Company Agreement (Mosaic Crop Nutrition, LLC)

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Approval of Reorganizations and Bankruptcy. Without the written consent of the Member, (i) the Company shall not engage in any Reorganization or (ii) commence any proceedings or the filing of any petition seeking relief under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal or state bankruptcy, insolvency or similar law.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Kodiak Oil & Gas (USA) Inc.), Limited Liability Company Agreement (Kodiak Oil & Gas (USA) Inc.)

Approval of Reorganizations and Bankruptcy. Without the consent vote of the Membera Member Majority, (i) the Company shall not engage in any Reorganization or (ii) commence any proceedings or the filing of any petition seeking relief under Title 11 of the United Shared States Code, as now constituted or hereafter amended, or any other federal or state bankruptcy, insolvency or similar law.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Lorus Therapeutics Inc), Limited Liability Company Agreement (Lorus Therapeutics Inc)

Approval of Reorganizations and Bankruptcy. Without the consent of the Member, a Member Special Vote (i) the Company shall not engage in any Reorganization or (ii) commence any proceedings or the filing of any petition seeking relief under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal or state bankruptcy, insolvency or similar law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apogee Enterprises Inc)

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Approval of Reorganizations and Bankruptcy. Without the consent unanimous written approval of all of the MemberMembers, (i) the Company shall not engage in any Reorganization or (ii) commence any proceedings or the filing of any petition seeking relief under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal or state bankruptcy, insolvency or similar law.

Appears in 1 contract

Samples: Exclusive License Agreement (Texas Rare Earth Resources Corp.)

Approval of Reorganizations and Bankruptcy. Without the unanimous consent of the Memberall Members, (i) the Company shall not engage in any Reorganization or (ii) commence any proceedings or the filing of any petition seeking relief under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal or state bankruptcy, insolvency or similar law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Biolife Solutions Inc)

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