Restriction on Resignation or Withdrawal. Except in connection with a transfer permitted pursuant to Section 9.1 or as contemplated by Section 12.1, no Member shall withdraw from the Company without the consent of each of the other Members. To the extent permitted by law, any purported withdrawal from the Company in violation of this Section 9.4 shall be null and void.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP), Contribution and Simplification Agreement (Oasis Petroleum Inc.)
Restriction on Resignation or Withdrawal. Except in connection with a transfer Transfer permitted pursuant to Section 9.1 or as contemplated by Section 12.110.01, no neither Member shall resign or withdraw from the Company without the consent of each of the other MembersMember. To the extent permitted by law, any Any purported resignation or withdrawal from the Company in violation of this Section 9.4 10.05 shall be null and voidvoid and of no force or effect.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Ashland Inc), Limited Liability Company Agreement (Marathon Oil Corp), Limited Liability Company Agreement (Marathon Oil Corp)
Restriction on Resignation or Withdrawal. Except in connection with a transfer Transfer permitted pursuant to Section 9.1 or as contemplated by Section 12.110.01, no Member shall resign or withdraw from the Company without the consent of each of the other Members. To the extent permitted by law, any Any purported resignation or withdrawal from the Company in violation of this Section 9.4 10.05 shall be null and voidvoid and of no force or effect.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Teppco Partners Lp)
Restriction on Resignation or Withdrawal. Except in ----------------------------------------- connection with a transfer Transfer permitted pursuant to Section 9.1 or as contemplated by Section 12.110.01, no neither Member shall resign or withdraw from the Company without the consent of each of the other MembersMember. To the extent permitted by law, any Any purported resignation or withdrawal from the Company in violation of this Section 9.4 10.05 shall be null and voidvoid and of no force or effect.
Appears in 1 contract
Restriction on Resignation or Withdrawal. Except in connection with a transfer permitted pursuant to Section 9.1 or as contemplated by Section 12.1, no Member shall withdraw from the Company without the consent of each of the other Members. To the extent permitted by law, any purported withdrawal from the Company in violation of this Section 9.4 9.3 shall be null and void.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Oasis Petroleum Inc.)
Restriction on Resignation or Withdrawal. Except in connection with a transfer Transfer permitted pursuant to Section 9.1 10.01 or as contemplated by with the purchase of the Company pursuant to Section 12.110.11, no neither Member shall resign or withdraw from the Company without the consent of each of the other MembersMember. To the extent permitted by law, any Any purported resignation or withdrawal from the Company in violation of this Section 9.4 10.10 shall be null and voidvoid and of no force or effect.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NanoDynamics, Inc.)
