Common use of Resignation of Member Clause in Contracts

Resignation of Member. A Member may not withdraw from the Company except on the unanimous consent of the remaining Members. The terms of a Member’s withdrawal shall be determined by agreement between the remaining Members and the withdrawing Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Kinetic Concepts Inc /Tx/), Limited Liability Company Agreement (Kinetic Concepts Inc /Tx/)

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Resignation of Member. A Member may not withdraw from the Company except on the unanimous consent of the remaining Members. The terms of a Member’s 's withdrawal shall be determined by agreement between the remaining Members and the withdrawing Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (KCI Animal Health, LLC), Limited Liability Company Agreement (KCI Animal Health, LLC)

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