Bankruptcy of Member. Upon the bankruptcy of a Member and after such time as the Company has received written notice thereof, the authorized representative of such Member will have all of the rights of a Member for the purposes of effecting the orderly winding up and disposition of the affairs of such Person.
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Samples: Limited Liability Company Agreement (American Railcar Industries, Inc./De), Limited Liability Company Agreement (American Railcar Industries, Inc./De), Limited Liability Company Agreement (American Railcar Industries, Inc.)
Bankruptcy of Member. Upon the bankruptcy of a Member and after such time as the Company has received written notice thereof, the authorized representative of such Member will have all of the rights of a Member for the purposes of effecting the orderly winding up and disposition of the affairs of such PersonMember.
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Samples: Limited Liability Company Agreement (Advanced Drainage Systems, Inc.)
Bankruptcy of Member. Upon the bankruptcy bankruptcy, dissolution or other cessation to exist as a legal entity of a Member Member, and after such time as the Company has shall have received written notice thereof, the authorized representative of such Member will entity shall have all of the rights of a Member for the purposes of effecting the orderly winding up and disposition of the affairs of such Personindividual or entity.
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