Common use of Withdrawal Prohibited Clause in Contracts

Withdrawal Prohibited. Except as otherwise expressly permitted by this Agreement, (i) no Shareholder may withdraw from the Company and (ii) no Shareholder may effect or cause a termination or dissolution of the Company without the prior written consent of all other Shareholders (which consent may be withheld in such other Shareholder’s sole discretion).

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement of Flash (Sandisk Corp)

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Withdrawal Prohibited. Except as otherwise expressly permitted by this Agreement or the Master Agreement, (i) no Shareholder Member may withdraw from the Company and (ii) no Shareholder Member may effect or cause a termination or dissolution of the Company without the prior written consent of all other Shareholders Members (which consent may be withheld in such other ShareholderMember’s sole discretion).

Appears in 2 contracts

Samples: Operating Agreement (Western Digital Corp), Operating Agreement (Sandisk Corp)

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Withdrawal Prohibited. Except as otherwise expressly permitted by this Agreement, (i) no Shareholder may withdraw from the Company and (ii) no Shareholder may effect or cause a termination or dissolution of the Company without the prior written consent of all other Shareholders (which consent may be withheld in such other Shareholder’s 's sole discretion).

Appears in 1 contract

Samples: Operating Agreement (Western Digital Corp)

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