Common use of Resignation; Dissolution Clause in Contracts

Resignation; Dissolution. (a) Private Owner may not withdraw or resign from the Company, except (i) in connection with a Permitted Disposition made in accordance with the applicable provisions of this Article VIII or (ii) with the prior written consent of the Initial Member. (b) The Private Owner covenants that it shall not allow a Dissolution Event to occur with respect to itself. (c) Section 18-304 of the Act shall not apply to the Company. Nothing in this Section 8.8(c) shall limit the terms of Section 9.1 hereof. (d) Except as is otherwise expressly provided in this Agreement, no Member shall be entitled to receive any payment pursuant to Section 18-604 of the Act.

Resignation; Dissolution. (a) The Private Owner may not withdraw or resign from the Company, except (i) in connection with a Permitted Disposition made in accordance with the applicable provisions of this Article VIII or (ii) with the prior written consent of the Initial Member. (b) The Private Owner covenants that it shall will not allow a Dissolution Event to occur with respect to itself. (c) Section 18-304 of the Act shall will not apply to the Company. Nothing in this Section 8.8(c) shall will limit the terms of Section 9.1 hereof. (d) Except as is otherwise expressly provided in this Agreement, no Member shall will be entitled to receive any payment pursuant to Section § 18-604 of the Act.

Resignation; Dissolution. (a) The Private Owner may not withdraw or resign from the Company, except (i) in connection with a Permitted Disposition made in accordance with the applicable provisions of this Article VIII or (ii) with the prior written consent of the Initial Member. (b) The Private Owner covenants that it shall not allow a Dissolution Event to occur with respect to itself. (c) Section 18-304 of the Act shall not apply to the Company. Nothing in this Section 8.8(c) shall limit the terms of Section 9.1 hereof. (d) Except as is otherwise expressly provided in this Agreement, no Member shall be entitled to receive any payment pursuant to Section 18-604 of the Act.

Resignation; Dissolution. (a) The Private Owner may not withdraw or resign from the Company, except (i) in connection with a Permitted Disposition made in accordance with the applicable provisions of this Article VIII or (ii) with the prior written consent of the Initial MemberRequired Consenting Parties. (b) The Private Owner covenants that it shall will not allow a Dissolution Event to occur with respect to itself. (c) Section 18-304 of the Act shall will not apply to the Company. Nothing in this Section 8.8(c) shall will limit the terms of Section 9.1 hereof. (d) Except as is otherwise expressly provided in this Agreement, no Member shall will be entitled to receive any payment pursuant to Section § 18-604 of the Act.

Resignation; Dissolution. ‌‌‌ (a) The Private Owner may not withdraw or resign from the Company, except (i) in connection with a Permitted Disposition made in accordance with the applicable provisions of this Article VIII or (ii) with the prior written consent of the Initial MemberRequired Consenting Parties. (b) The Private Owner covenants that it shall will not allow a Dissolution Event to occur with respect to itself.itself.‌‌ (c) Section 18-304 of the Act shall will not apply to the Company. Nothing in this Section 8.8(c) shall will limit the terms of Section 9.1 hereof. (d) Except as is otherwise expressly provided in this Agreement, no Member shall will be entitled to receive any payment pursuant to Section § 18-604 of the Act.