CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the event of an occurrence described in ARTICLE 1.4(c), if there are at least two remaining Members, said remaining Members shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous vote of the remaining Members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c). If not so exercised, the right of the Members to continue the business of the Company shall expire.
Appears in 9 contracts
Samples: Operating Agreement, Operating Agreement, Limited Liability Company Operating Agreement
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the event of an occurrence described in ARTICLE 1.4(c), if there are is at least two one remaining MembersMember, said remaining Members Member shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous written vote of the remaining Members Member within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c). If not so exercised, the right of the Members Member to continue the business of the Company shall expiremay expire if that member desires.
Appears in 8 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Green Tree SerVertis Acquisition LLC), Limited Liability Company Operating Agreement (Green Tree SerVertis Acquisition LLC)
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.41.3, in the event of an occurrence described in ARTICLE 1.4(c1.3(c), if there are at least two remaining Members, said remaining Members shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous vote of the remaining Members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c1.3(c). If not so exercised, the right of the Members to continue the business of the Company shall expire.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in In the event of an occurrence described in ARTICLE 1.4(c1.3(c), if there are at least two remaining Members, said remaining those Members shall have the right to continue the business of the Company. Such This right can be exercised only by the unanimous vote of the remaining Members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c1.3(c). If not so exercised, the right of the Members to continue the business of the Company shall will expire.
Appears in 1 contract
Samples: Operating Agreement
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the event of an occurrence described in ARTICLE 1.4(c)) if the conditions are not met, if there are at least two remaining Members, said remaining Members shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous vote of the remaining Members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c). If not so exercised, the right of the Members to continue the business of the Company shall expire.
Appears in 1 contract
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the event of an occurrence described in ARTICLE 1.4(c), if there are is at least two one remaining MembersMember, said remaining Members Member shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous written vote of the remaining Members Member within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c). , If not so exercised, the right of the Members Member to continue the business of the Company shall expiremay expire if that member desires.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Green Tree SerVertis Acquisition LLC)
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the event of an occurrence described in ARTICLE 1.4(c), if there ifthere are at least two remaining Members, said remaining Members shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous vote of the remaining Members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c). If not so exercised, the right of the Members to continue the business of the Company shall expire.
Appears in 1 contract
Samples: Limited Liability Company Agreement
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in In the event of an occurrence described in ARTICLE 1.4(c), if there are at least two remaining Members, said remaining those Members shall have the right to continue the business of the Company. Such This right can be exercised only by the unanimous vote of the remaining Members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c). If not so exercised, the right of the Members to continue the business of the Company shall will expire.
Appears in 1 contract
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the event of an occurrence described in ARTICLE 1.4(c), if there are is at least two one remaining MembersManaging Member, said remaining Members Member shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous written vote of the remaining Members Member within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c). If not so exercised, the right of the Members Member to continue the business of the Company shall expiremay expire if that member desires.
Appears in 1 contract
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.41.2, in the event of an occurrence described in ARTICLE 1.4(c1.2(c), if there are at least two remaining Members, said remaining Members shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous vote with consent of the remaining Members holding a majority of the capital interests in the Company within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c1.2(c). If not so exercised, the right of the Members to continue the business of the Company shall expire.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Graphite Corp)
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the event of an occurrence described in ARTICLE 1.4(c), if there are is at least two one remaining MembersMember, said remaining Members Member(s) shall have the right to continue the business of the Company. Such right can be exercised only by the unanimous vote of the remaining Members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c). If not so exercised, the right of the Members to continue the business of the Company shall expire.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Integrated Data Corp)
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in In the event of an occurrence described in ARTICLE 1.4(c1.3(c), if there are at least two remaining Membersmembers, said remaining Members shall those members have the right to continue the business of the Company. Such This right can be exercised only by the unanimous vote of the remaining Members members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(c1.3(c). If not so exercised, the right of the Members members to continue the business of the Company shall will expire.
Appears in 1 contract
Samples: Operating Agreement
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in In the event of an occurrence described in ARTICLE 1.4(cSection 1.3(c), if there are at least two remaining Membersmembers, said remaining Members shall those members have the right to continue the business of the Company. Such This right can be exercised only by the unanimous vote of the remaining Members members within ninety (90) days after the occurrence of an event described in ARTICLE 1.4(cSection 1.3(c). If not so exercised, the right of the Members members to continue the business of the Company shall will expire.
Appears in 1 contract
Samples: Operating Agreement