Common use of Managing Member Removal Clause in Contracts

Managing Member Removal. Upon the removal of the Managing Member as the managing member of the Company in accordance with Section 4.5 hereof, the Company will be wound up and the assets of the Company liquidated in accordance with Section 11.3 hereof.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Brookfield Asset Management Inc.), Limited Liability Company Agreement (Brookfield Asset Management Inc.)

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Managing Member Removal. Upon the removal of the Managing Member as the managing member of the Company in accordance with Section 4.5 4.6 hereof, the Company will be wound up and the assets of the Company liquidated in accordance with Section 11.3 hereof11.3.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Brookfield Retail Holdings LLC), Limited Liability Company Agreement (Brookfield Retail Holdings LLC)

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