Dissociation of a Member. The Bankruptcy or dissolution of a Member (i) will cause such Member to be dissociated from the LLC (a “Dissociated Member"), and (ii) will terminate the continued membership of such Member in the LLC subject to Section
Appears in 1 contract
Samples: Limited Liability Company Agreement
Dissociation of a Member. The death, expulsion, Bankruptcy or dissolution of a Member Member: (ia) will cause such Member to be dissociated from the LLC (become a “Dissociated Member"), and ; (iib) will terminate the continued membership of such Member in the LLC; and (c) may or may not cause a dissolution of this LLC subject pursuant to SectionArticle 13 hereof.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Sizzler International Inc)
Dissociation of a Member. The expulsion, Bankruptcy or dissolution of a Member (i) will cause such Member to be dissociated from the LLC (a “"Dissociated Member"), and (ii) will terminate the continued membership of such Member in the LLC, and (iii) will cause a dissolution of this LLC subject pursuant to SectionArticle XII hereof.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Bikers Dream Inc)
Dissociation of a Member. The Bankruptcy or dissolution dissociation of a Member (i) will cause such Member to be dissociated from member, which means the LLC (death, incapacity, bankruptcy, retirement, resignation or expulsion of a “Dissociated Member")member, and (ii) will terminate or any other event that terminates the continued membership of such Member in the a member shall cause a dissolution of this LLC subject to Sectiononly if and as provided below:
Appears in 1 contract
Samples: Operating Agreement (S&W Seed Co)
