Common use of Cessation Event Clause in Contracts

Cessation Event. A Member shall not cease to be a Member upon the occurrence of any one or more of the events provided in Section 18-304 of the Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (RPC Bramlage, Inc.), Limited Liability Company Agreement (RPC Bramlage, Inc.), Limited Liability Company Agreement (Aep Industries Inc)

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Cessation Event. A Member shall not cease to be a Member solely upon the occurrence of any one or more of the events provided in Section 18-304 of the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (North American Airlines, Inc.), Limited Liability Company Agreement (World Airways Inc /De/)

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Cessation Event. A Member shall not cease to be a Member upon the occurrence of any one or more of the events provided in Section 18-304 39 of the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (RPC Bramlage, Inc.), Limited Liability Company Agreement (RPC Bramlage, Inc.)

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