Continuation of the Limited Liability Company. The parties hereto agree that the LLC Agreement shall continue in full force and effect, subject to Assignee’s unconditional ability to amend or restate the LLC Agreement following the Closing, and the assignment of the Membership Interests and the withdrawal of Assignor as a member of the Limited Liability Company shall not dissolve, or require the dissolution of, the Limited Liability Company. The Limited Liability Company hereby approves, consents, and agrees to the transactions contemplated by this Assignment, including the admission of Assignee as a member of the Limited Liability Company and the withdrawal of Assignor as a member of the Limited Liability Company.
Appears in 9 contracts
Samples: Membership Interest Purchase, Project Development and Construction Management Agreement, Membership Interest Purchase, Project Development and Construction Management Agreement, Membership Interest Purchase, Project Development and Construction Management Agreement
