Common use of Departing Members Clause in Contracts

Departing Members. a) Except as provided in Paragraph 11, a Member whose membership in the Affiliated Group ceases or is terminated for any reason whatsoever shall not have any further remedies, rights, or obligations under this Agreement.

Appears in 2 contracts

Samples: Federal Income Tax Allocation Agreement (United Insurance Holdings Corp.), Federal Income Tax Allocation Agreement (United Insurance Holdings Corp.)

AutoNDA by SimpleDocs

Departing Members. a) Except as provided in Paragraph 11, a Member Company whose membership in the Affiliated Group ceases or is terminated for any reason whatsoever shall not have any further remedies, rights, or obligations under this Agreement.

Appears in 1 contract

Samples: Federal Income Tax Allocation Agreement (United Wisconsin Services Inc)

AutoNDA by SimpleDocs

Departing Members. a) a. Except as provided in Paragraph 11, a Member whose membership in the Affiliated Group ceases or is terminated for any reason whatsoever shall not have any further remedies, rights, or obligations under this Agreement.

Appears in 1 contract

Samples: Federal Income Tax Allocation Agreement (United Insurance Holdings Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.