Common use of No Other Withdrawal Clause in Contracts

No Other Withdrawal. Except as expressly provided in Section 11.2 in connection with the termination and winding up of the Company, the Company shall not be obligated to repurchase the Interest of any Member, nor shall any Member be entitled to receive any other payment or distribution in connection with such Member's withdrawal from the Company.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.), Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.), Limited Liability Company Agreement (Interactive Voice Media (Sacramento) Corp.)

AutoNDA by SimpleDocs

No Other Withdrawal. Except as expressly provided in this Section 11.2 11.8 and in Section 12.2 in connection with the termination and winding up of the Company, the Company shall not be obligated to repurchase the Member’s Interest of any Member, nor shall any a Member be entitled to receive any other payment or distribution in connection with such Member's his or her withdrawal from the Company.

Appears in 2 contracts

Samples: Operating Agreement (Everflow Eastern Partners Lp), Operating Agreement (Everflow Eastern Partners Lp)

No Other Withdrawal. Except as expressly provided in this Section 11.2 8.8 and in Section 7.2 (in connection with the termination dissolution and winding up of the Company), the Company shall not be obligated to repurchase the Membership Interest of any Member, nor shall any a Member be entitled to receive any other payment or distribution in connection with such Member's its withdrawal from the Company.

Appears in 2 contracts

Samples: Company Agreement (Cabana Beverages, Inc.), Company Agreement (Cabana Beverages, Inc.)

No Other Withdrawal. Except as expressly provided in this Section 11.2 11.8 and in Section 12.2 in connection with the termination and winding up of the Company, the Company shall not be obligated to repurchase the Member's Interest of any Member, nor shall any a Member be entitled to receive any other payment or distribution in connection with such Member's his or her withdrawal from the Company.

Appears in 1 contract

Samples: Operating Agreement (Everflow Eastern Partners Lp)

AutoNDA by SimpleDocs

No Other Withdrawal. Except as expressly provided in this Section 10.9 and in Section 11.2 in connection with the termination and winding up of the Company, the Company shall not be obligated to repurchase the Percentage Interest of any Member, nor shall any a Member be entitled to receive any other payment or distribution in connection with such Member's its withdrawal from the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apcoa Capital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!