Rights of Disassociating Member. In the event any Member disassociates prior to the dissolution and winding up of the Company, the disassociated Person shall have no right to compel a liquidation of his/her Units and, except as otherwise provided in Section 10.3 hereof, shall thereafter hold Units as an unadmitted Assignee.
Appears in 5 contracts
Samples: Operating Agreement (John D. Oil & Gas Co), Operating Agreement (John D. Oil & Gas Co), Operating Agreement (Energy West Inc)
Rights of Disassociating Member. In the event any Member disassociates prior to the dissolution and winding winding-up of the Company, the disassociated Person Member shall have no right to compel a liquidation of his/her such Member’s Units and, except as otherwise provided in Section 10.3 hereof, and shall thereafter hold Units as an unadmitted Assignee.
Appears in 1 contract
Samples: Operating Agreement
