Disassociation. Unless and until an Event of Bankruptcy constitutes an Event of Default, Section 18-304 of the Delaware Limited Liability Company Act, and any other applicable statute or principle of law, and any other provision herein, shall not result in such Member ceasing to be a Member in the Company or otherwise result in such Member’s rights being restricted, limited or abridged.
Disassociation. Any Person shall cease to be a Partner upon the happening of any of the following events:
Disassociation. A person ceases to be a Member of the Company upon the occurrence of, and at the time of, any Event of Bankruptcy (as defined below), unless the Members unanimously consent to continue the person as a Member. For purposes of this Agreement, an “Event of Bankruptcy” shall mean the occurrence of any of the following events:
Disassociation. 10.1 The disassociation of any Member or Members will not have the effect of dissolving the Company.
Disassociation. Upon the Disassociation of a Class B Member, the Company will continue without dissolution, and the Disassociated Class B Member shall be deemed to have transferred all of the financial rights associated with his/ her/its financial rights to such Class B Member's legal successor in interest as set forth in Section 10.2(b).
Disassociation. (a) If an event of disassociation occurs with respect to any Member as provided in Section 70-00-000 of the Act, the disassociating Member shall cease to be a Member, and to the extent the disassociating Member continues to hold Voting Units all of such Voting Units shall be automatically converted into Nonvoting Units. The disassociating Member shall have no right to receive the fair value of such Units as a result of the event of disassociation.
Disassociation. If a modification of the Artwork occurs without the Contractor’s written permission and the Contractor gives written notice to the State requesting that the Contractor’s name and the Artwork be disassociated, the Artwork will no longer be designated as the Artwork of the Contractor.
Disassociation. If a modification of the WORK occurs without the ARTIST’S written permission and the ARTIST gives written notice to the ARTS COMMISSION requesting that his/her name and the WORK be disassociated, the WORK will no longer be designated as the WORK of the ARTIST.
Disassociation. On the termination or expiration of this Agreement, your right to operate the Area Representative Business will terminate and you must immediately in any manner we may designate:
