Withdrawal of Members. No Member shall have the right to withdraw from the Company or to demand a return of its capital interest at any time except upon termination and dissolution of the Company, unless agreed to by the unanimous written consent of the other Members.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Cyberkinetics Neurotechnology Systems, Inc.), Operating Agreement (Diacrin Inc /De/), Collaboration Agreement (Dyax Corp)
Withdrawal of Members. No Member shall have the right to withdraw from the Company or to demand a return of its capital interest at any time except upon termination and dissolution of without the Company, unless agreed to by the unanimous written consent of a Majority in Interest (excluding the other Memberswithdrawing Member).
Appears in 3 contracts
Samples: Limited Liability Company Agreement (HF Enterprises Inc.), Limited Liability Company Agreement (HF Enterprises Inc.), Limited Liability Company Agreement (SeD Intelligent Home Inc.)
Withdrawal of Members. No Except as this Agreement otherwise expressly provides, no Member shall have the right or the power to withdraw or resign from the Company or to demand a return without the consent of its capital interest at any time except upon termination and dissolution all of the Company, unless agreed to by the unanimous written consent of the other Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Immucell Corp /De/), Limited Liability Company Agreement (Immucell Corp /De/)
Withdrawal of Members. No Member shall have the right to withdraw from the Company or to demand without the consent of a return of its capital interest at any time except upon termination and dissolution of the Company, unless agreed to by the unanimous written consent Majority in Interest of the other MembersMembers (excluding the withdrawing Member).
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Withdrawal of Members. No Without the consent of a Majority of Members (other than the Member wishing to take the following action), no Member shall have the right to to:
(a) withdraw or resign from the Company;
(b) require the Company to redeem all or to demand a return any part of its capital interest at any time except upon termination and dissolution of Interest; or
(c) reduce its Commitment to the Company, unless agreed to by the unanimous written consent of the other Members.
Appears in 1 contract
Withdrawal of Members. No Except as otherwise provided for in this Agreement, no Member shall have the right to resign or withdraw from the Company or to demand as a return of its capital interest at any time except upon termination and dissolution of the Company, unless agreed to by the unanimous written consent of the other MembersMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Blue Rhino Corp)
Withdrawal of Members. No Member shall have the right to withdraw --------------------- from the Company or to demand a return of its capital interest at any time except upon termination and dissolution of the Company, unless agreed to by the unanimous written consent of the other Members.
Appears in 1 contract
