Dissociation. The Member shall not be entitled voluntarily to withdraw, resign or dissociate from the Company or assign its membership interest prior to the dissolution and winding-up of the Company or in connection with a permitted transfer under Section 5.1, and any attempt by the Member to do so shall be ineffective.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/), Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/), Operating Agreement (Commonwealth Telephone Enterprises Inc /New/)
Dissociation. The Member shall not be entitled voluntarily to withdraw, resign or dissociate from the Company or assign its membership interest prior to the dissolution and winding-up of the Company or in connection with a permitted transfer under Section 5.1Company, and any attempt by the Member to do so shall be ineffective; provided, however, that “permitted transfers” under Section 5.1 above shall not be a violation of this Section 6.1.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Operating Agreement (Bats Global Markets, Inc.), Operating Agreement
Dissociation. The Member shall not be entitled voluntarily to withdraw, resign or dissociate from the Company or assign its membership interest prior to the dissolution and winding-up of the Company or in connection with a permitted transfer under Section 5.1Company, and any attempt by the Member to do so shall be ineffective; provided, however, that Permitted Transfers under Section 5.1 shall not be a violation of this Section 6.1.
Appears in 1 contract
Dissociation. The Member shall not be entitled voluntarily to withdraw, resign or dissociate from the Company or assign its membership interest prior to the dissolution and winding-up of the Company or in connection with a permitted transfer under Section 5.1Company, and any attempt by the Member to do so shall be ineffective; provided, however, that “permitted transfers” under Section 5.1 shall not be a violation of this Section 6.1.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Catalyst Health Solutions, Inc.)
