CONTINUATION OF COMPANY. Notwithstanding anything to the contrary set forth in this Agreement, the Company (a) shall not dissolve upon the bankruptcy, dissolution or dissociation of the Member and (b) shall continue to exist even with no remaining members.
Appears in 33 contracts
Samples: Operating Agreement (NRG Retail LLC), Operating Agreement (NRG Retail LLC), Limited Liability Company Operating Agreement (NRG Retail LLC)
CONTINUATION OF COMPANY. Notwithstanding anything to the contrary set forth in this Agreement, the Company (a) shall not in and of itself dissolve upon the bankruptcyBankruptcy, dissolution or dissociation of any Member. Notwithstanding any other provision of this Agreement, the Bankruptcy of a Member shall not cause such Member to cease to be a member of the Company and (b) upon the occurrence of such an event, the Company shall continue to exist even with no remaining memberswithout dissolution.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Calpine Corp), Limited Liability Company Operating Agreement (Calpine Corp)
CONTINUATION OF COMPANY. Notwithstanding anything to the contrary set forth in this Agreement, the Company (a) shall not dissolve upon the bankruptcy, dissolution or dissociation bankruptcy of the Member and (b) shall continue to exist even with no remaining memberswithout dissolution.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Fulcrum Bioenergy Inc)
