Resignation of a Member. A Member may resign from the Company at any time by giving written notice to the Company at least Sixty (60) days prior to the effective date of resignation.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (PFG Fund V, LLC), Limited Liability Company Operating Agreement (PFG Fund V, LLC), Limited Liability Company Operating Agreement (PFG Fund V, LLC)
Resignation of a Member. A Member may resign from the Company at any time as a Member by giving written notice to the Company and the other Members at least Sixty sixty (60) days prior to the effective date of the resignation; however, except as expressly provided herein, a withdrawing Member is not entitled to a return of his or her capital contribution and acquires the status of a Transferee.
Appears in 4 contracts
Samples: Operating Agreement (Slingshot USA LLC), Operating Agreement (Slingshot USA LLC), Operating Agreement
Resignation of a Member. A Member may resign from the Company at any time as a Member by giving written notice to the Company and the other Members at least Sixty (60) 60 days prior to the effective date of the resignation; however, except as expressly provided herein, a withdrawing Member is not entitled to a return of his or her capital contribution and acquires the status of a Transferee.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Resignation of a Member. A Member may resign from the Company at any time as a Member by giving written notice to the Company and the other Members at least Sixty sixty (60) days prior to the effective date of resignationthe resignation unless the majority Managers approve a shorter period; however, except as expressly provided herein, a withdrawing Member is not entitled to a return of his or her capital contribution and acquires the status of a Transferee.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Slingshot USA LLC)
Resignation of a Member. A Member may resign from the Company at any time as a Member by giving written notice to the Company and the other Members at least Sixty sixty (60) days prior to the effective date of the resignation; however, except as expressly provided herein, a withdrawing Member is not entitled to a return of his or her capital contribution and acquires the status of a Transferee. 3.10.
Appears in 1 contract
Resignation of a Member. A Member at any time may resign from the Company at any time by giving written notice to the Company and the other Members at least Sixty (60) 60 days prior to the effective date of the resignation.
Appears in 1 contract
