Common use of Bankruptcy of a Member Clause in Contracts

Bankruptcy of a Member. The occurrence of any event described in Section 18-304 of the Act shall not in and of itself cause such Member to cease to be a member of the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Taubman Centers Inc), Limited Liability Company Agreement (Taubman Centers Inc), Joint Venture Operating Agreement (Taubman Centers Inc)

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Bankruptcy of a Member. The occurrence of any event described in Section 18-304 of the Act with respect to a Member shall not in and of itself cause such Member to cease to be a member Member of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (McGraw-Hill Companies Inc)

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Bankruptcy of a Member. The occurrence of any event described in Section 18-304 of the Act shall not in and of itself cause such Member to cease to be a member Member of the Company.

Appears in 1 contract

Samples: Contribution Agreement (McGraw-Hill Companies Inc)

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