Common use of No Withdrawal or Dissolution Clause in Contracts

No Withdrawal or Dissolution. No Member shall at any time withdraw, resign or retire from the Company under Section 18‑603 of the Act or otherwise. No Member shall take any action to dissolve the Company except as expressly contemplated by this Agreement. Each Member covenants not to apply to any court for a decree of dissolution of the Company, under Section 18‑802 of the Act or otherwise.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.), Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.)

AutoNDA by SimpleDocs

No Withdrawal or Dissolution. No Member shall at have any time withdraw, resign or retire right to withdraw from the Company under Section 18‑603 of the Act or otherwise. No Member shall take any action to dissolve the Company except as expressly contemplated by this AgreementCompany. Each Member covenants not to apply to any court for a decree of dissolution of the Company, under Section 18‑802 14-11-603(a) of the Act or otherwise.

Appears in 1 contract

Samples: Operating Agreement

AutoNDA by SimpleDocs

No Withdrawal or Dissolution. No Member shall at any time withdraw, resign or retire withdraw from the Company under Section 18‑603 14-11-601(c) of the Act or otherwise. No Member shall take any action to dissolve the Company except as expressly contemplated by this Agreement. Each Member covenants not to apply to any court for a decree of dissolution of the Company, under Section 18‑802 14-11-603(a) of the Act or otherwise.

Appears in 1 contract

Samples: Operating Agreement (Minotto Partners Lp)

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