Common use of Withdrawal of Members Clause in Contracts

Withdrawal of Members. Without the prior written consent of the Managing Member, 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 8 contracts

Samples: Limited Liability Company Agreement (Pacific Energy Partners Lp), Limited Liability Company Agreement (Penn Virginia Resource Partners L P), Limited Liability Company Agreement (Penn Virginia Resource Partners L P)

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Withdrawal of Members. Without the prior written consent of the Managing MemberCompany Board, 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 3 contracts

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

Withdrawal of Members. Without the prior written consent of the Managing MemberManager, 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 2 contracts

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

Withdrawal of Members. Without the prior written consent of the Managing Member, which may be granted or withheld in its sole discretion, and except as provided in Section 11.112.1, no Member shall have the right to withdraw from the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Holly Energy Partners Lp)

Withdrawal of Members. Without the prior written consent of the Managing MemberBoard 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: Limited Liability Company Agreement (Inergy L P)

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Withdrawal of Members. Without the prior written consent of the Managing Member, 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.. HEP LOGISTICS GP, L.L.C. FIRST AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT

Appears in 1 contract

Samples: Limited Liability Company Agreement (Holly Energy Partners Lp)

Withdrawal of Members. Without the prior written consent of the Managing Member, 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.. ARTICLE XIII

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pacific Energy Partners Lp)

Withdrawal of Members. Without the prior written consent of the Managing MemberCompany Board, 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.. ARTICLE XII

Appears in 1 contract

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

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