Common use of Events of Bankruptcy of Member Clause in Contracts

Events of Bankruptcy of Member. The occurrence of any of the events set forth in this Section 9.2, with respect to any Member, shall not result in the dissolution of the Company. Such Member shall cease to be a Member of the Company, but shall, however, retain its interest in allocations and distributions, upon the happening of any of the following bankruptcy events:

Appears in 5 contracts

Samples: Operating Agreement (Crown Castle International Corp), Operating Agreement (Crown Castle International Corp), Operating Agreement (Crown Castle International Corp)

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Events of Bankruptcy of Member. The Without limiting the generality of Section 9.1, the occurrence of any of the events set forth in this Section 9.2, with respect to any Member, Member shall not result in the dissolution of the Company. Such Member shall cease to be a Member of the Company, but shall, however, retain its interest in allocations and distributions, upon the happening of any of the following bankruptcy events:

Appears in 2 contracts

Samples: Contribution Agreement (E Sync Networks Inc), Operating Agreement (E Sync Networks Inc)

Events of Bankruptcy of Member. The (a) Without limiting the generality of Section 11.1, the occurrence of any of the events set forth in this Section 9.2, 11.2 with respect to any Member, Member shall not result in the dissolution of the Company. Such If and when any of the following events occurs with respect to a Member (a "Technical Withdrawal"), such Member shall cease to be a Member of the Company, but shall, however, retain its interest in allocations and distributions, upon the happening of any of the following bankruptcy eventsDistributions:

Appears in 1 contract

Samples: Jefferies Group Inc /De/

Events of Bankruptcy of Member. The (a) Without limiting the generality of Section 13.3, but except as otherwise provided in Section 13.3(e), the occurrence of any of the events set forth in this Section 9.2, 13.4 with respect to any Member, Member shall not result result, in and of itself, in the dissolution of the Company. Such Member shall cease to be a Member member of the Company, but shall, however, retain its interest in allocations and distributions, upon the happening of Distributions if and when any of the following bankruptcy events:events occurs (a "Technical Withdrawal"):

Appears in 1 contract

Samples: Leucadia National Corp

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Events of Bankruptcy of Member. The occurrence of any of the events set forth in this Section 9.2, with respect to any Member, shall not result in the dissolution of the Company. Such Member shall cease to be a Member of the Company, 37 but shall, however, retain its interest in allocations and distributions, upon the happening of any of the following bankruptcy events:

Appears in 1 contract

Samples: Operating Agreement (Crown Castle International Corp)

Events of Bankruptcy of Member. The (a) Without limiting the generality of Section 13.3, but except as otherwise provided in Section 13.3(e), the occurrence of any of the events set forth in this Section 9.2, 13.4 with respect to any Member, Member shall not result result, in and of itself, in the dissolution of the Company. Such Member shall cease to be a Member member of the Company, but shall, however, retain its interest in allocations and distributions, upon the happening of Distributions if and when any of the following bankruptcy events:events occurs (a “Technical Withdrawal”):

Appears in 1 contract

Samples: Services Agreement (Jefferies Group Inc /De/)

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