Termination of Membership. The rights of the Member to share in the profits and losses of the Company, to receive distributions and to assign its Units in the Company shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of administering its property.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (Affinity Guest Services, LLC), Limited Liability Company Agreement (Affinity Guest Services, LLC), Limited Liability Company Agreement (Affinity Guest Services, LLC)
Termination of Membership. The rights of the Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 18 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacityupon the termination of the legal existence of the Member, devolve on its legal representative for the purpose of administering its property.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Cifc LLC)
Termination of Membership. The rights of the Member to share in the profits Profits and losses Losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 22 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (RDA Holding Co.), Limited Liability Company Agreement (RDA Holding Co.), Limited Liability Company Agreement (RDA Holding Co.)
Termination of Membership. The rights of the Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 23 shall, on its dissolution, termination, winding-up, bankruptcy, bankruptcy or other inability to act in such capacity, devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Merger Agreement (Kinder Morgan Energy Partners L P), Limited Liability Company Agreement (Copano Energy, L.L.C.)
Termination of Membership. The rights of the Member to share in the profits Profits and losses Losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 21 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Operating Agreement (EnergySolutions, Inc.), Limited Liability Company Agreement (C&G Investments, LLC)
Termination of Membership. The rights of the Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 20 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, bankruptcy devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 3 contracts
Samples: Merger Agreement (Jefferies Financial Group Inc.), Merger Agreement (Homefed Corp), Limited Liability Company Agreement (Homefed Corp)
Termination of Membership. The rights of the Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 22 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacityupon the termination of the legal existence of the Member, devolve on its legal representative for the purpose of administering its propertythe property of the Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Roux Laboratories, Inc.), Limited Liability Company Agreement (Roux Laboratories, Inc.), Limited Liability Company Agreement (Roux Laboratories, Inc.)
Termination of Membership. The rights of the a Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 20 shall, on its dissolutiondeath, termination, winding-up, bankruptcy, bankruptcy or other inability to act in such capacityadjudicated incompetency, devolve on its the legal representative of the Member for the purpose of settling its estate or administering its property.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Engility Holdings, Inc.), Limited Liability Company Agreement (Engility Holdings, Inc.), Limited Liability Company Agreement (Engility Holdings, Inc.)
Termination of Membership. The rights of the a Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 24 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in upon the termination of the legal existence of such capacityMember, devolve on its legal representative for the purpose of administering its property.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Grede Wisconsin Subsidiaries LLC), Limited Liability Company Agreement (Jernberg Industries, LLC)
Termination of Membership. The rights of the Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 20 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacityupon the termination of the legal existence of the Member, devolve on its legal representative for the purpose of administering its property.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Jernberg Industries, LLC), Limited Liability Company Agreement (Jernberg Industries, LLC)
Termination of Membership. The rights of the Member to share in the profits Profits and losses Losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 20 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of administering its property.
Appears in 1 contract
Samples: Limited Liability Company Agreement (RMFD of New Jersey, Inc.)
Termination of Membership. The rights of the a Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, bankruptcy devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Emerge Energy Services LP)
Termination of Membership. The rights of the Member to share in the profits Profits and losses Losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 0 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Aigis Mechtronics, Inc.)
Termination of Membership. The rights of the Member to share Share in the profits Profits and losses Losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 21 shall, on its dissolutiondissolutions, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of administering settling its estate or administrating its property.
Appears in 1 contract
Termination of Membership. The rights of the Member to share in the profits and losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 20 shall, on its dissolution, termination, winding-up, bankruptcy, up or other inability to act in such capacity, devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 1 contract
Samples: Limited Liability Company Agreement (LIN Media LLC)
Termination of Membership. The rights of the Member to share in the profits and losses of the Company, to receive distributions and to assign or transfer its Units interest in the Company pursuant to Section 24 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 1 contract
Termination of Membership. The rights of the Member to share in the profits Profits and losses Losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 19 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Craig Protein Division, Inc.)
Termination of Membership. The rights of the each Member to share in the profits and losses of the Company, Company and to receive distributions and to assign its Units in the Company shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of settling its estate or administering its property.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Orgenesis Inc.)
Termination of Membership. The rights of the Member to share in the profits Profits and losses Losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 22 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of setting its estate or administering its property.
Appears in 1 contract
Samples: Limited Liability Company Agreement (RDA Holding Co.)
Termination of Membership. The rights of the Member to share in the profits Profits and losses Losses of the Company, to receive distributions and to assign its Units interest in the Company pursuant to Section 21 shall, on its dissolution, termination, winding-up, bankruptcy, or other inability to act in such capacity, devolve on its legal representative for the purpose of administering its propertysuccessor.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Lantheus MI Intermediate, Inc.)
