Expulsion or Bankruptcy of a Member. In the event of a resignation, expulsion or bankruptcy of any Member, the Company shall thereupon be dissolved and terminated and the Members shall cause a Certificate of Cancellation in the form required by the Act to be filed with the Secretary of State of Delaware when the Company is dissolved.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture), Limited Liability Company Agreement (3100 Glendale Joint Venture)
Expulsion or Bankruptcy of a Member. In the event of a the resignation, expulsion or bankruptcy of any Member, the Company shall thereupon be dissolved and terminated and the Members shall cause a Certificate of Cancellation in the form required by the Act to be filed with the Secretary of State of Delaware when the Company is dissolved.
Appears in 1 contract
Samples: Limited Liability Company Agreement (3100 Glendale Joint Venture)