Common use of No Withdrawal Clause in Contracts

No Withdrawal. No Member may withdraw from the Company without the prior written consent of the Managing Member, other than as expressly provided in this Agreement or in the Act.

Appears in 10 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Clipper Realty Inc.), Limited Liability Company Agreement (Clipper Realty Inc.)

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No Withdrawal. No Member may withdraw from the Company without the prior written consent of the Managing Memberother Members (which may be granted or withheld in the sole discretion of such Members), other than as expressly provided in this Agreement or in the ActAgreement.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Interstate Hotels Management Inc), Limited Liability Company Agreement (Interstate Hotels Management Inc), Limited Liability Company Agreement (Wyndham International Inc)

No Withdrawal. No Except as otherwise provided in this Agreement, no Member may withdraw from the Company without the prior written consent of the Managing MemberManager, other than as expressly provided in this Agreement or in the Actwhich consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

No Withdrawal. No Nonmanaging Member may withdraw from the Company without the prior written consent of the Managing Member, other than as expressly provided in this Agreement or in the ActAgreement.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (Blush Acquisition Corp)

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No Withdrawal. No Member may withdraw from Except following a Transfer of its Membership Interest in accordance with the Company terms of this Agreement, without first obtaining the prior written consent of the Managing Memberother Member (which consent may be withheld by the other Member in its sole discretion), other than no Member may resign from the Company or effect a partial or complete withdrawal from the Company and no Member will be entitled to withdraw any portion of its contribution or capital account, or to receive any distribution from the Company, except as expressly otherwise provided in this Agreement or in the ActAgreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Gramercy Capital Corp)

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