Common use of Withdrawal of Members Clause in Contracts

Withdrawal of Members. Without the prior written consent of the Company Board, which may be granted or withheld in its sole discretion, no Member shall have the right to withdraw from the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (U.S. Shipping Partners L.P.), Limited Liability Company Agreement (U.S. Shipping Partners L.P.), U.S. Shipping Partners L.P.

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Withdrawal of Members. Without the prior written consent of the Company BoardManager, which may be granted or withheld in its sole discretion, no Member shall have the right to withdraw from the Company.

Appears in 2 contracts

Samples: Operating Agreement (U S Timberlands Co Lp), Operating Agreement (U S Timberlands Klamath Falls LLC)

Withdrawal of Members. Without the prior written consent of the Company Board, which may be granted or withheld in its sole discretion, no Member shall have the right to withdraw from the Company.. ARTICLE XII

Appears in 1 contract

Samples: U.S. Shipping Partners L.P.

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Withdrawal of Members. Without the prior written consent of the Company BoardBoard of Directors, which may be granted or withheld in its sole discretion, and except as provided in Section 11.1, no Member shall have the right to withdraw from the Company.

Appears in 1 contract

Samples: Inergy L P

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