Common use of Withdrawal Dissolution Event Clause in Contracts

Withdrawal Dissolution Event. Upon the occurrence of a Withdrawal Dissolution Event, the Company shall dissolve unless the remaining Members (the "Remaining Members") holding all of the remaining Membership Interests consent within ninety (90) days of the Withdrawal Dissolution Event to the continuation of the business of the Company. If the Remaining Members consent to the continuation of the business of the Company, the Remaining Members and/or, if applicable pursuant to Section 10.4, the Company shall purchase, and the Member whose actions or conduct resulted in the Withdrawal Dissolution Event ("Former Member") or such Former Member's legal representative shall sell, the Former Member's Membership Interest ("Former Member's Interest") as provided in this Article 10 to avoid dissolution of the Company.

Withdrawal Dissolution Event. Upon the occurrence of a Withdrawal Dissolution Event, the Company shall dissolve unless the remaining Members (the "“Remaining Members"”) holding all of the remaining Membership Interests consent within ninety (90) days of the Withdrawal Dissolution Event to the continuation of the business of the Company. If the Remaining Members consent to the continuation of the business of the Company, the Remaining Members and/or, if applicable pursuant to Section 10.4, the Company shall purchase, and the Member whose actions or conduct resulted in the Withdrawal Dissolution Event ("“Former Member"”) or such Former Member's ’s legal representative shall sell, the Former Member's ’s Membership Interest ("“Former Member's ’s Interest"”) as provided in this Article 10 to avoid dissolution of the Company.

Withdrawal Dissolution Event. Upon the occurrence of a Withdrawal Dissolution Event, the Company shall dissolve unless the remaining Members (the "Remaining MembersREMAINING MEMBERS") holding all of the remaining Membership Interests consent within ninety (90) days of the Withdrawal Dissolution Event to the continuation of the business of the Company. If the Remaining Members consent to the continuation of the business of the Company, the Remaining Members and/or, if applicable pursuant to Section 10.4, the Company shall purchase, and the Member whose actions or conduct resulted in the Withdrawal Dissolution Event ("Former MemberFORMER MEMBER") or such Former Member's legal representative shall sell, the Former Member's Membership Interest ("Former Member's InterestFORMER MEMBER'S INTEREST") as provided in this Article 10 to avoid dissolution of the Company.