Rights of a Disassociated Member. The rights and obligations of a disassociated Member under this Article 16 are in lieu of any rights that such Member might have under the Act. Except as otherwise provided in this Agreement, no occurrence of an event of disassociation of a Member under the Act shall cause a disassociation of such Member from the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (TCH Coal Co), Operating Agreement (NTS Realty Holdings Lp)
Rights of a Disassociated Member. The rights and obligations of a disassociated Member under this Article 16 ARTICLE 14 are in lieu of any rights that such Member might have under the Act. Except as otherwise provided in this Agreement, no occurrence of an event of disassociation of a Member under the Act shall cause a disassociation of such Member from the Company.
Appears in 1 contract
Samples: Operating Agreement (Sunwin International Neutraceuticals, Inc.)
Rights of a Disassociated Member. The rights and obligations of a disassociated Member under this Article 16 are in lieu of any rights that such Member might have under the Act. Except as otherwise provided in this Agreement, no occurrence of an event of disassociation of a Member under the Act shall cause a disassociation of such Member from the Company.
Appears in 1 contract
Samples: Operating Agreement (Cinergy Corp)
