Common use of Cessation Event Clause in Contracts

Cessation Event. A Member shall cease to be a Member solely upon the occurrence of any one of the events provided in Article 8 of this Agreement or Section 101.110 of the Act, each as may be hereafter amended.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (Advanced Prosthetics of America, Inc.)

Cessation Event. A Member shall cease to be a Member solely upon the occurrence of any one of the events provided in Article 8 of this Agreement or Section 101.110 Sections 48-2c-708, 48-2c-709 or 48-2c-710 of the Act, each as may be hereafter amended.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (Advanced Prosthetics of America, Inc.)

Cessation Event. A Member shall cease to be a Member solely upon the occurrence of any one of the events provided in Article 8 of this Agreement or Section 101.110 Sections 1705.15, 1705.16 and 1705.18 of the Act, each as may be hereafter amended.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (Advanced Prosthetics of America, Inc.)