Common use of Certain Provisions of the Act Superseded Clause in Contracts

Certain Provisions of the Act Superseded. The provisions of this Agreement regarding the Transfer of a Member's Interest are intended to and shall, to the fullest extent permitted by law, supersede the provisions of the Act regarding the withdrawal of a member set forth in the Act.

Appears in 2 contracts

Samples: Operating Agreement (Rouge Industries Inc), Operating Agreement (Rouge Steel Co)

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Certain Provisions of the Act Superseded. The provisions of this Agreement regarding the Transfer of a Member's Interest or the Retirement of a Member are intended to and shall, to the fullest extent permitted by law, supersede the provisions of the Act regarding the withdrawal of a member set forth in the Act.

Appears in 1 contract

Samples: Operating Agreement (Rouge Steel Co)

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Certain Provisions of the Act Superseded. The provisions of this Agreement regarding the Transfer Retirement of a Member's Interest Member and the transfer of Percentage Interests are intended to and shall, to the fullest extent permitted by law, supersede the provisions of the Act regarding the withdrawal of a member set forth member, in the Actrespect of each Member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (M I Schottenstein Homes Inc)

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