Resignation of Member. A member may resign from the Company at any time by giving written notice of such resignation to the Company. A withdrawing member is entitled to receive within a reasonable time after withdrawal the fair value of its interest in the Company as of the date of withdrawal.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc)
Resignation of Member. A member may resign resign, retire or withdraw from the Company at any time by giving 5 days advance written notice of such resignation thereof to the Companyremaining members. A The right of a resigning, retiring or withdrawing member is entitled to receive within compensation for the member’s ownership interest in the Company shall be governed by the provisions of Article 6 of this Operating Agreement. The resignation, retirement or withdrawal of a reasonable time after withdrawal member shall terminate the fair value of its interest member’s membership and voting rights in the Company as of the date of the resignation, retirement or withdrawal.
Appears in 3 contracts
Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Badlands Power Fuels, LLC)
Resignation of Member. A member Member may resign from the Company at any time by giving written notice of such resignation to the Company. A withdrawing member Member is entitled to receive within a reasonable time after withdrawal the fair value of its interest in the Company as of the date of withdrawal.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Hydratight Operations, Inc.), Limited Liability Company Agreement (Hydratight Operations, Inc.)
Resignation of Member. (a) A member may resign from the Company at any time by giving written a resignation notice of such resignation to the Company. A withdrawing member is entitled to receive within a reasonable time after withdrawal the fair value of its interest in the Company as of the date of withdrawalcorporation.
Appears in 1 contract
Samples: iwaac.org.au
Resignation of Member. A member Member may resign from the Company at any time by giving written notice of such resignation to the Companyother Members, if any. A withdrawing member Member is entitled to receive within a reasonable time after withdrawal the fair value of its interest in the Company as of the date of withdrawal.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Microdyne Corp)
Resignation of Member. A member The Member may resign from the Company at any time by giving written notice of such resignation to the Company. A The withdrawing member Member is entitled to receive within a reasonable time after withdrawal the fair value of its interest in the Company as of the date of withdrawal.
Appears in 1 contract
Samples: Limited Liability Company Agreement
