Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company except, simultaneous with the Transfer of all of a Unitholder’s Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity that is not a Unitholder, the admission of such person or entity as a Unitholder pursuant to Section 11.1.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (VWR Funding, Inc.), Limited Liability Company Agreement (VWR, Inc.)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company LLC except, simultaneous with the Transfer of all of a Unitholder’s Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity Person that is not a Unitholder, the admission of such person or entity Person as a Unitholder pursuant to Section 11.1.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Emmis Communications Corp), Limited Liability Company Agreement (Emmis Communications Corp)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company except, LLC except simultaneous with the Transfer of all of a Unitholder’s 's Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity that is not a Unitholder, the admission of such person or entity as a Unitholder pursuant to Section SECTION 11.1.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Prestige Brands Holdings, Inc.), Limited Liability Company Agreement (Prestige Brands International, Inc.)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company LLC except, simultaneous with the Transfer of all of a Unitholder’s Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity Person that is not a Unitholder, the admission of such person or entity Person as a Unitholder Member pursuant to Section 11.110.1.
Appears in 1 contract
Samples: Limited Liability Company Agreement (St Renatus LLC)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company LLC except, simultaneous with the Transfer of all of a Unitholder’s Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity that is not a Unitholder, the admission of such person or entity as a Unitholder pursuant to Section 11.1.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Solera Holdings LLC)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company exceptLLC except (i) as otherwise expressly permitted by this Agreement, or (ii) simultaneous with the Transfer of all of a Unitholder’s Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity Person that is not a Unitholder, the admission of such person or entity Person as a Unitholder pursuant to Section 11.1.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Providence Service Corp)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company LLC except, simultaneous with the Transfer of all of a Unitholder’s 's Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity that is not a Unitholder, the admission of such person or entity as a Unitholder pursuant to Section SECTION 11.1.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Tsi Finance Inc)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company except, simultaneous with the Transfer of all of a Unitholder’s 's Units in a Transfer permitted by this Operating Agreement and, if such Transfer is to a person or entity that is not a Unitholder, the admission of such person or entity as a Unitholder pursuant to Section 11.1. Any purported resignation or withdrawal from the Company in violation of this Article XII shall be void.
Appears in 1 contract
Samples: Operating Agreement (Metaldyne Corp)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company LLC except, simultaneous with the Transfer of all of a Unitholder’s 's Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity that is not a Unitholder, the admission of such person or entity as a Unitholder pursuant to Section 11.1.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Appliance Warehouse of America Inc)
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company LLC except, simultaneous with the Transfer of all of a Unitholder’s 's Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity Person that is not a Unitholder, the admission of such person or entity Person as a Unitholder pursuant to Section 11.1.. ARTICLE
Appears in 1 contract
Withdrawal of a Unitholder. No Unitholder shall have the power or right to withdraw or otherwise resign from the Company exceptLLC except (i) as otherwise expressly permitted by this Agreement, or (ii) simultaneous with the Transfer of all of a Unitholder’s Units in a Transfer permitted by this Agreement and, if such Transfer is to a person or entity that is not a Unitholder, the admission of such person or entity as a Unitholder pursuant to Section 11.1.in
Appears in 1 contract
Samples: Limited Liability Company Agreement (Providence Service Corp)
