Common use of RESIGNATION, REDEMPTION, AND WITHDRAWAL Clause in Contracts

RESIGNATION, REDEMPTION, AND WITHDRAWAL. (a) To the fullest extent permitted by law, except as set forth in Section 6.1 hereof, without approval by the Management Board, the Manager Member shall not have the right to resign or withdraw from the LLC as Manager Member. With approval by the Management Board, the Manager Member may resign or withdraw as Manager Member upon prior written notice to the LLC. Without approval by the Management Board, the Manager Member shall have no right to have all or any portion of its LLC Interests redeemed. Any resigned or withdrawn Manager Member shall retain its interest in the capital of the LLC and its other economic rights under this Agreement as a Non-Manager Member having the number of LLC Points held by the Manager Member prior to its resignation or withdrawal. If a Manager Member who has resigned or withdrawn no longer has any economic interest in the LLC, then upon such resignation or withdrawal, such Person shall cease to be a Member of the LLC. The Manager Member may not be removed by the Members of the LLC for any reason.

RESIGNATION, REDEMPTION, AND WITHDRAWAL. (a) To the fullest extent permitted by law, except as set forth in Section 6.1 hereof6.1, without approval by the Management Boarda prior Majority Vote, the Manager Member shall not have the right to resign or withdraw from the LLC as Manager Member. With approval by the Management Boarda prior Majority Vote, the Manager Member may resign or withdraw as Manager Member upon prior written notice to the LLC. Without approval by the Management Boarda prior Majority Vote, the Manager Member shall have no right to have all or any portion of its interest in the LLC Interests redeemed. Any resigned resigned, withdrawn or withdrawn removed Manager Member shall retain its interest in the capital of the LLC and its other economic rights under this Agreement as a Non-Manager Member having the number of LLC Points held by the Manager Member prior to its resignation resignation, withdrawal or withdrawalremoval. If a Manager Member who has resigned resigned, withdrawn or withdrawn been removed no longer has any economic interest in the LLC, then upon such resignation resignation, withdrawal or withdrawal, removal such Person shall cease to be a Member of the LLC. The Manager Member may not be removed by the Members of the LLC for any reason.

RESIGNATION, REDEMPTION, AND WITHDRAWAL. (a) To the fullest extent permitted by law, except as set forth in Section 6.1 hereof6.1, without approval by the Management Boarda prior Majority Vote, the Manager Member shall not have the right to resign or withdraw from the LLC as Manager Member. With approval by the Management Boarda prior Majority Vote, the Manager Member may resign or withdraw as Manager Member upon prior written notice to the LLC. Without approval by the Management Boarda prior Majority Vote, the Manager Member shall have no right to have all or any portion of its interest in the LLC Interests redeemed. Any resigned or withdrawn Manager Member shall retain its interest in the capital of the LLC and its other economic rights under this Agreement as a Non-Manager Member having the number of LLC Points and Vested LLC Points held by the Manager Member prior to its resignation or withdrawal. If a Manager Member who has resigned or withdrawn no longer has any economic interest in the LLC, then upon such resignation or withdrawal, withdrawal such Person shall cease to be a Member of the LLC. The Manager Member may not be removed by the Members of the LLC for any reason.

RESIGNATION, REDEMPTION, AND WITHDRAWAL. (a) To the fullest extent permitted by law, except as set forth in Section 6.1 hereof6.1, without the approval by of the Management BoardCommittee, the Manager Member shall not have the right to resign or withdraw from the LLC as Manager Member. With the approval by of the Management BoardCommittee, the Manager Member may resign or withdraw as Manager Member upon prior written notice to the LLC. Without approval by the Management Boarda prior Majority Vote, the Manager Member shall have no right to have all or any portion of its interest in the LLC Interests redeemed. Any resigned resigned, withdrawn or withdrawn removed Manager Member shall retain its interest in the capital of the LLC and its other economic rights under this Agreement as a Non-Manager Member having the number of LLC Points Units held by the Manager Member prior to its resignation resignation, withdrawal or withdrawalremoval. If a Manager Member who has resigned resigned, withdrawn or withdrawn been removed no longer has any economic interest in the LLC, then upon such resignation resignation, withdrawal or withdrawal, removal such Person shall cease to be a Member of the LLC. The Manager Member may not be removed by the Members of the LLC for any reason.