Common use of Events of Bankruptcy Clause in Contracts

Events of Bankruptcy. None of the events listed in Section 18-304 of the ACT (EVENTS OF BANKRUPTCY) will result in a MEMBER ceasing to be a MEMBER of the COMPANY.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Contango Oil & Gas Co), Limited Liability Company Agreement (Contango Oil & Gas Co)

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Events of Bankruptcy. None of the events listed in Section 18-304 of the ACT Act (EVENTS OF BANKRUPTCY) will result in a MEMBER Member ceasing to be a MEMBER member of the COMPANYCompany.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Contango Oil & Gas Co), Limited Liability Company Agreement (Contango Oil & Gas Co)

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