Dissolved Member. If the Member is dissolved or terminated, the powers of the Member may be exercised by its legal representative or successor. Upon the dissolution of the Member, the Company shall not dissolve but shall continue in existence.
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Samples: Operating Agreement (Vistancia Marketing, LLC), Limited Liability Company Agreement (Vistancia Marketing, LLC), Limited Liability Company Agreement (Vistancia Marketing, LLC)
Dissolved Member. If the a Member is dissolved or terminated, the powers of the Member may be exercised by its legal representative or successor. Upon the dissolution of the a Member, the Company shall not dissolve but shall continue in existence.
Appears in 1 contract
Dissolved Member. If the Member is dissolved or terminated, the powers of the Member may be exercised by its legal representative or successor. Upon the dissolution of the Member, the Company shall not dissolve but shall continue in existence.
Appears in 1 contract