Rights and Obligations Upon Withdrawal. Upon the complete withdrawal of a Member, all of its rights in specific Company property of every kind whatsoever, including, but not limited to, all books of account, records, and papers of the Company, shall immediately and without further assignment, cease. The withdrawing Member and its legal representatives shall have only the right to receive the distributions to the withdrawn Member provided for under this Agreement.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (FRONTIER MASTERS SERIES, a Series of the Frontier Fund), Limited Liability Company Agreement (FRONTIER MASTERS SERIES, a Series of the Frontier Fund), Limited Liability Company Agreement (FRONTIER MASTERS SERIES, a Series of the Frontier Fund)
Rights and Obligations Upon Withdrawal. Upon the complete withdrawal of a the Member, all of its rights in specific Company property of every kind whatsoever, including, but not limited to, all books of account, records, and papers of the Company, shall immediately and without further assignment, cease. The withdrawing Member and its legal representatives shall have only the right to receive the distributions to the withdrawn Member provided for under this Agreement. A withdrawn Member or its legal representatives shall have such access to the books and other data of the Company to the extent necessary to obtain full information with respect to its distributive interest.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Frontier Fund)
