Common use of Resignation or Withdrawal of a Member Clause in Contracts

Resignation or Withdrawal of a Member. Except as specifically provided in this Agreement, no Member shall have the right to resign or withdraw from membership in the Company or withdraw its interest in the capital of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Ignite Restaurant Group, Inc.), Operating Agreement (Tri-Isthmus Group, Inc.)

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Resignation or Withdrawal of a Member. Except as specifically provided herein, and subject to the provisions for Transfers contained in this AgreementArticle XII, no Member shall have the right to resign or withdraw from membership in the Company LLC or withdraw its interest in the capital of the CompanyInterest.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Theravance Inc), Limited Liability Company Agreement (Theravance Biopharma, Inc.)

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Resignation or Withdrawal of a Member. Except as specifically provided in this Agreement, no Member shall have the right to resign or withdraw from membership in the Company as a Member or withdraw its interest in the capital of the Company.

Appears in 1 contract

Samples: Operating Agreement (Australian Agriculture & Property Development CORP)

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