Bankruptcy of Member. The bankruptcy or dissolution of any member will not cause such member to cease to be a member of the Company and upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc)
Bankruptcy of Member. The bankruptcy or dissolution (as defined in Section 18-101(1) and 18-304 of any member will the Act) of the Member shall not cause such member the Member to cease to be a member of the Company Company, and upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Bankruptcy of Member. The bankruptcy of a Member or dissolution the occurrence of any member will of the events described in Section 18-304 with respect to a Member shall not cause such member the Member to cease to be a member of the Company and or a dissolution of the Company and, upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 1 contract
Samples: Operating Agreement (PayMeOn, Inc.)
Bankruptcy of Member. The bankruptcy or dissolution (as defined in Section 18-101(1) of any member will the Act) of the Member shall not cause such member the Member to cease to be a member of the Company Company, and upon the occurrence of such an event, the business of the Company shall continue without dissolution.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Intertape Woven Products Services S.A. De C.V.)