Common use of Bankruptcy, Dissolution, etc Clause in Contracts

Bankruptcy, Dissolution, etc. of Member. Upon the occurrence of any of the events set forth in Sections 18-304 or 18-705 of the Act, the successor-in-interest of the Member shall automatically become a substitute Member in place of the Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Community Health Investment CORP), Limited Liability Company Agreement (Community Health Investment CORP)

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Bankruptcy, Dissolution, etc. of MemberOF MEMBER. Upon the occurrence of any of the events set forth in Sections 18-304 or 18-705 of the ActAct with respect to any Member, the successor-in-interest of the such Member shall automatically become a substitute Member in place of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BHC Meadows Partner Inc)

Bankruptcy, Dissolution, etc. of Member. Upon the occurrence of any of the events set forth in Sections 18Section 13.1-304 or 18-705 1040.1 subsections 6 through 12 of the ActAct with respect to the Member, the successor-in-interest of the Member shall automatically become a substitute Member in place of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Community Health Investment CORP)

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Bankruptcy, Dissolution, etc. of MemberOF MEMBER. Upon the occurrence of any of the events set forth in Sections 18Section 53-304 or 1819-705 38B of the ActAct with respect to the Member, the successor-in-interest of the Member shall automatically become a substitute Member in place of the Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BHC Meadows Partner Inc)

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