Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether pursuant to Section 18-802 of the Act or otherwise) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this Agreement.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Exco Resources Inc), Limited Liability Company Agreement (Harbinger Group Inc.), Limited Liability Company Agreement (Harbinger Group Inc.)
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions Distributions or withdrawal of property from the Company except as provided herein LLC or to maintain any action for dissolution (whether except pursuant to Section 18-802 of the Act or otherwiseDelaware Act) of the Company LLC or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementLLC.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (BioFuel Energy Corp.), Limited Liability Company Agreement (BioFuel Energy Corp.), Limited Liability Company Agreement (BioFuel Energy Corp.)
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions (other than the Accrued Dividends, if any) or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether except pursuant to Section 18-802 of the Act or otherwiseAct) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementCompany.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Iridium Communications Inc.), Limited Liability Company Agreement (Iridium Communications Inc.), Limited Liability Company Agreement (Iridium Communications Inc.)
Waiver of Certain Rights. Each Except as expressly provided herein, each Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether except pursuant to Section 18-802 of the Act or otherwiseAct) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementCompany.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Pc Tel Inc), Limited Liability Company Agreement (Pc Tel Inc), Limited Liability Company Agreement (Centerpoint Properties Trust)
Waiver of Certain Rights. Each The Sole Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether pursuant to Section 18-802 of the Act or otherwise) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this Agreement.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Williams Partners L.P.), Limited Liability Company Agreement, Limited Liability Company Agreement (Williams Partners L.P.)
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether except pursuant to [Section 18-802 8975 of the Act or otherwisePennsylvania Act]) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementCompany.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether pursuant to Section 18-802 of the Delaware Act or otherwise) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this Agreement.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Sanchez Energy Corp), Securities Purchase Agreement (Sanchez Energy Corp)
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions Distributions or withdrawal of property from the Company Holdings LLC (except as otherwise provided herein in Section 10.2) or to maintain any action for dissolution (whether pursuant to Section 18-802 of the Act or otherwise) of the Company Holdings LLC or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementHoldings LLC.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (ECPM Holdings, LLC), Limited Liability Company Agreement (ECPM Holdings, LLC)
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether except pursuant to Section 18-802 of the Act or otherwiseDelaware Act) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Clarion Partners Property Trust Inc.)
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether except pursuant to Section 18-18 802 of the Act or otherwiseAct) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Phillips Edison Grocery Center Reit Ii, Inc.)
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein LLC or to maintain any action for dissolution (whether except pursuant to Section 18-802 of the Act or otherwiseDelaware Act) of the Company LLC or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementLLC.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Deep Down, Inc.)
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to demand any distributions or withdrawal of property from the Company except as provided herein or to maintain any action for dissolution (whether except pursuant to Section 18-802 of the Act or otherwiseAct) of the Company or for partition of the property of the Company and confirms that such waivers are a material term of this AgreementCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Caliburn International Corp)
