Common use of Effect of Retirement, Withdrawal, Bankruptcy, Dissolution, Death, Etc Clause in Contracts

Effect of Retirement, Withdrawal, Bankruptcy, Dissolution, Death, Etc. of a Member. The retirement, withdrawal, bankruptcy, dissolution, death, incapacity or adjudication of incompetency of a Member shall not dissolve the Company unless the remaining Members agree to dissolve the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Colony Capital, Inc.), Limited Liability Company Agreement (Colony Capital, Inc.), Limited Liability Company Agreement (NorthStar Asset Management Group Inc.)

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Effect of Retirement, Withdrawal, Bankruptcy, Dissolution, Death, Etc. of a Member. The retirement, withdrawal, bankruptcy, dissolution, death, incapacity incapacity, disability or adjudication of insanity or incompetency of a Member shall not dissolve the Company unless the remaining Members agree to dissolve the CompanyCompany in accordance with Section 9.1.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NorthStar Asset Management Group Inc.)

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