Common use of No Resignation Clause in Contracts

No Resignation. No Member shall be entitled to resign as a Member, except in connection with a transfer of all of that Member’s Membership Interest in the Company in compliance with the terms and conditions of this Article VIII.

Appears in 2 contracts

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

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No Resignation. No Member shall be entitled to resign as a Member, except in connection with a transfer of all of that such Member’s Membership 's entire Member's Interest in the Company in compliance with the terms and conditions of this Article VIII11 and, in the case of a resigning Member, with respect to which his or her transferee has been admitted as a substitute Member in accordance with Section 11.4.

Appears in 1 contract

Samples: Operating Agreement (Everflow Eastern Partners Lp)

No Resignation. No Member shall be entitled to resign as a Member, except in connection with a transfer of all of that such Member’s Membership 's entire Percentage Interest in the Company in compliance with the terms and conditions of this Article VIII10.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apcoa Capital Corp)

No Resignation. No Member shall be entitled to resign as a Member, except in connection with a transfer of all of that such Member’s Membership entire Member’s Interest in the Company in compliance with the terms and conditions of this Article VIII11 and, in the case of a resigning Member, with respect to which his or her transferee has been admitted as a substitute Member in accordance with Section 11.4.

Appears in 1 contract

Samples: Operating Agreement (Everflow Eastern Partners Lp)

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No Resignation. No Member shall be entitled to resign as a Member, except in connection with a transfer of all of that such Member’s Membership entire Member’s Interest in the Company in compliance with the terms and conditions of this Article VIIIXI and, in the case of a resigning Member, with respect to which his or her transferee has been admitted as a substitute Member in accordance with Section 11.4.

Appears in 1 contract

Samples: Operating Agreement (Everflow Eastern Partners Lp)

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