Cessation of Membership. A Member shall cease to be a Member only by the bankruptcy, dissolution or liquidation of such Member or any other Member, or by the transfer by the Member of all of its limited liability company interests in the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD), Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD), Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD)
Cessation of Membership. A The Member shall cease to be a Member only by the bankruptcy, bankruptcy or dissolution or liquidation of such Member or any other Member, or by the transfer by the Member of all of its limited liability company interests in the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD), Limited Liability Company Agreement (Intelsat Subsidiary (Gibraltar) LTD), Limited Liability Company Agreement (Intelsat Global Sales & Marketing Ltd.)
Cessation of Membership. 8.1.1. A Member shall cease ceases to be a Member only by (i) the bankruptcydeath, bankruptcy or dissolution or liquidation of such Member or any the retirement, expulsion or resignation of such Member from LLC or (ii) the disposition of such Member’s LLC Interest as permitted hereunder.
8.1.2. A Member may not, without the consent of the other MemberMembers, resign or by retire from LLC prior to the transfer by the Member dissolution and winding up of all of its limited liability company interests in the CompanyLLC.
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Yeah Iptv), Limited Liability Company Agreement (Yeah Iptv)
Cessation of Membership. A Member shall cease ceases to be a Member only by (i) the bankruptcydeath, bankruptcy or dissolution or liquidation of such Member or any other the retirement, expulsion or resignation of such Member from LLC or (ii) the disposition of such Member, or by the transfer by the Member of all of its limited liability company interests in the Company’s LLC Interest as permitted hereunder.
Appears in 1 contract
Cessation of Membership. A Member shall cease to be a Member only by the bankruptcy, dissolution or liquidation of such Member or any other Member, or by the transfer Transfer by the Member of all of its limited liability company interests Units in the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Intelsat Luxembourg Investment S.a r.l.)
Cessation of Membership. A The Member shall cease to be a member of the Company only upon the Member’s dissolution. The Member only by the bankruptcy, dissolution or liquidation of such Member or shall not cease to be a member for any reason other Member, or by the transfer by the Member of all of its limited liability company interests in the Companythan as specifically provided herein.
Appears in 1 contract
Samples: Operating Agreement
