No Dissolution. If a Member Transfers all of its Membership Interest pursuant to this Article 9 and the transferee of such Membership Interest is admitted as a Member pursuant to Section 9.3, such Person shall be admitted to the Company as a Member effective on the effective date of the Transfer and the Company shall not dissolve pursuant to Section 10.1.
Appears in 11 contracts
Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Paa Natural Gas Storage Lp), Limited Liability Company Agreement (Paa Natural Gas Storage Lp)
No Dissolution. If a Member Transfers transfers all of its Membership Interest pursuant to this Article 9 and the transferee of such Membership Interest is admitted as a Member pursuant to Section 9.3, such Person shall be admitted to the Company as a Member effective on the effective date of the Transfer and or such other date as may be specified when the Member is admitted. In such event, the Company shall not dissolve pursuant to if the business of the Company is continued without dissolution in accordance with clause (c) of Section 10.110.1 hereof.
Appears in 6 contracts
Samples: Operating Agreement (Chiles Magellan LLC), Operating Agreement (Duberstein Gary K), Operating Agreement (Seacor Smit Inc)
No Dissolution. If a Member Transfers all of its Membership Interest Company Units pursuant to this Article 9 8 and the transferee of such Membership Interest Company Units is admitted as a Member pursuant to Section 9.38.2, such Person shall be admitted to the Company as a Member effective on the effective date of the Transfer and the Company shall not dissolve pursuant to Section 10.19.1.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Antero Resources Midstream Management LLC), Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Plains Gp Holdings Lp)
No Dissolution. If a Member Transfers all of its Membership Interest Company Units pursuant to this Article 9 VIII and the transferee of such Membership Interest Company Units is admitted as a Member pursuant to Section 9.38.2, such Person shall be admitted to the Company as a Member effective on the effective date of the Transfer and the Company shall not dissolve pursuant to Section 10.19.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Plains Gp Holdings Lp)
No Dissolution. If a Member Transfers all of its Membership Interest -------------- pursuant to this Article 9 and the transferee of such Membership Interest is --------- is admitted as a Member pursuant to Section 9.3, such Person shall be admitted ----------- to the Company as a Member effective on the effective date of the Transfer and the Company shall not dissolve pursuant to Section 10.1.. ------------
Appears in 1 contract
Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp)
