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

Resignation or Withdrawal of a Member. Except as specifically provided below, and subject to the provisions on Transfer contained in Article XI, no Member may resign, retire or withdraw from membership in the Company or withdraw such Member's interest in the capital of the Company prior to the dissolution and winding up of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Combichem Inc), Operating Agreement (Combichem Inc)

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Resignation or Withdrawal of a Member. Except as specifically provided below, and subject No Member will have the right to the provisions on Transfer contained in Article XI, no Member may resign, retire resign or withdraw from membership in the Company Company, except as specifically provided in Article IX or withdraw upon a Transfer of all of such Member's interest ’s Interests in the capital accordance with Article X (in which case such withdrawal shall automatically occur upon consummation of the Company prior to the dissolution and winding up of the Companysuch Transfer).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cipher Mining Inc.)

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Resignation or Withdrawal of a Member. Except as specifically provided below, and subject No Member will have the right to the provisions on Transfer contained in Article XI, no Member may resign, retire resign or withdraw from membership in the Company Company, except as specifically provided in Article X or withdraw upon a Transfer of all of such Member's interest ’s Interests in the capital of the Company prior to the dissolution and winding up of the Companyaccordance with Article XI.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Seaspan CORP)

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