Common use of Rights of Dissociating Member Clause in Contracts

Rights of Dissociating Member. In the event any Member dissociates prior to the dissolution and winding up of the Company: (a) if the Dissociation causes a dissolution and winding up of the Company under Article XI, the Member shall be entitled to participate in the winding up of the Company to the same extent as any other Member except that any Distributions to which the Member would have been entitled shall be reduced by the damages sustained by the Company as a result of the Dissolution and winding up; (b) if the Dissociation does not cause a dissolution and winding up of the Company under Article XI, the Member shall thereafter hold his or its Units as an Assignee.

Rights of Dissociating Member. In the event any Member dissociates prior to the dissolution and winding up of the Company: (a) if the Dissociation causes a dissolution and winding up of the Company under Article XIXII hereof, the Member shall be entitled to participate in the winding up of the Company to the same extent as any other Member except that any Distributions to which the Member would have been entitled shall be reduced by the damages sustained by the Company as a result of the Dissolution and winding up;; and (b) if the Dissociation does not cause a dissolution and winding up of the Company under Article XIXII hereof, the Member dissociated Person shall thereafter hold his or its Units as an Assignee.

Rights of Dissociating Member. In the event any Member dissociates prior to the dissolution and winding up of the Company: (a) if If the Dissociation causes a dissolution and winding up of the Company under Article XIXII hereof, the Member shall be entitled to participate in the winding up of the Company to the same extent as any other Member except that any Distributions to which the Member would have been entitled shall be reduced by the damages sustained by the Company as a result of the Dissolution and winding up;; and (b) if If the Dissociation does not cause a dissolution and winding up of the Company under Article XIXII hereof, the Member dissociated Person shall thereafter hold his or its Units as an Assignee.

Rights of Dissociating Member. In the event any Member dissociates Dissociates prior to the dissolution and winding up expiration of the CompanyTerm: (a) if If the Dissociation causes a dissolution Dissolution and winding up of the Company under Article XIXVI, the Member shall be entitled to participate in the winding up of the Company to the same extent as any other Member except that any Distributions to which the Member would have been entitled shall be reduced by the damages sustained by the Company as a result of the Dissolution and winding up; (b) if If the Dissociation does not cause a dissolution Dissolution and winding up of the Company under Article XIXVI, the Member transferee shall thereafter hold his or its Units as be an Assignee, subject to the terms of Article XV.

Rights of Dissociating Member. In the event any Member dissociates prior to the dissolution and winding up of the Company: (a) if Company and the Dissociation causes a dissolution and winding up of the Company under Article XIthe following Article, the Member shall be entitled to participate in the winding up of the Company to the same extent as any other Member Member, except that any Distributions to which the Member would have been entitled shall be reduced by the damages sustained by the Company as a result of the Dissolution and winding up; (b) . However, if the Dissociation does not cause a dissolution and winding up of the Company under the following Article XI, the Member dissociated Person shall thereafter hold his or its Units as an Assignee.

Rights of Dissociating Member. In the event any Member dissociates prior to the dissolution and winding up of the Company: (a) if the Dissociation causes a dissolution and winding up of the Company under Article XI12 hereof, the Member shall be entitled to participate in the winding up of the Company to the same extent as any other Member except as otherwise provided in Section 6.3, and except that any Distributions to which the Member would have been entitled shall be reduced by the damages sustained by the Company as a result of the Dissolution and winding up;; and (b) if the Dissociation does not cause a dissolution and winding up of the Company under Article XI12 hereof, the Member dissociated Person shall thereafter hold his or its Units as an Assignee.

Rights of Dissociating Member. In the event any Member dissociates prior to the dissolution and winding up of the Company: (a) if If the Dissociation causes a dissolution and winding up of the Company under Article XISection 12 of this Agreement, the Member shall be entitled to participate in the winding up of the Company to the same extent as any other Member Member, except that any Distributions to which the Member would have been entitled shall be reduced by the damages sustained by the Company as a result of the Dissolution dissolution and winding up;; and (b) if If the Dissociation does not cause a dissolution and winding up of the Company under Article XISection 12 of this Agreement, the Member dissociated Person shall have no right to compel a liquidation of his Units and he shall thereafter hold his or its Units as an Assignee.

Rights of Dissociating Member. In the event any Member dissociates prior to the dissolution and winding up of the Company: (a) if the Dissociation causes a dissolution and winding up of the Company under Article XIX, the Member shall be entitled to participate in the winding up of the Company to the same extent as any other Member except that any Distributions to which the Member would have been entitled shall be reduced by the damages sustained by the Company as a result of the Dissolution and winding up; (b) if the Dissociation does not cause a dissolution and winding up of the Company under Article XIX, the Member shall thereafter hold his or its Units as an Assignee.