Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 11, and 13, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If any Member resigns or withdraws from the Company in breach of this Section 6.5, such resigning or withdrawing Member shall not be entitled to receive any distribution under this Agreement. Under circumstances requiring a return of any Capital Contribution, no Member has the right to receive Property other than Cash except as may be specifically provided herein.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc), Limited Liability Company Agreement (General Mills Inc)
Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 11, Articles IV and 13XI hereof, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If any Member resigns or withdraws from the Company in breach of this Section 6.5, such resigning or withdrawing Member shall not be entitled to receive any distribution under this Operating Agreement. Under circumstances requiring a return of any Capital Contribution, no Member has the right to receive Property other than Cash cash except as may be specifically provided herein.
Appears in 3 contracts
Samples: Operating Agreement, LLC Operating Agreement, Operating Agreement
Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 6 and 11, and 13, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If any Member resigns or withdraws from the Company in breach of this Section 6.5, such resigning or withdrawing Member shall not be entitled to receive any distribution under this Agreement. Under circumstances requiring a return of any Capital Contribution, no Member has the right to receive Property other than Cash except as may be specifically provided herein.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Withdrawal; Resignation. Except as otherwise provided in Sections 4Articles IV, 7X, 11XII, and 13XIII hereof, no Member shall may demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If any Member resigns or withdraws from the Company in breach of this Section 6.5, such resigning or withdrawing Member shall will not be entitled to receive any distribution under this Agreement. Under circumstances requiring a return of any Capital Contribution, no Member has the right to receive Property other than Cash cash except as may be specifically provided herein.
Appears in 2 contracts
Samples: Operating Agreement (Atlas Pipeline Partners Lp), Operating Agreement (Atlas Pipeline Partners Lp)
Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 11, and 13this Agreement, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of the Managing Member and all of the Class A Limited Members. If any Member resigns or withdraws from the Company in breach of this Section 6.56.4, such resigning or withdrawing Member shall not be entitled to receive any distribution under this Agreement. Under circumstances requiring a return of any Capital Contribution, no Member has the right to receive Property other than Cash cash except as may be specifically provided herein.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (At&t Inc.), Limited Liability Company Agreement (At&t Inc.)
Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 11, and 13herein, no Member shall demand or receive a return on or of its Capital Contributions capital contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If any Member resigns or withdraws from the Company in breach of this Section 6.57.4, such resigning or withdrawing Member shall not be entitled to receive any distribution under this Agreement. Under circumstances requiring a return of any Capital Contributioncapital contributions, no Member has the right to receive Property property other than Cash cash except as may be specifically provided herein.
Appears in 1 contract
Samples: Operating Agreement (Rock Tenn Co)
Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 11, 5 and 1315 hereof, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If Except as otherwise provided in the Act or this Agreement, upon resignation, any Member resigns or withdraws from the Company in breach of this Section 6.5, such resigning or withdrawing Member shall not be member is entitled to receive any only the distribution to which he is entitled under this Agreement, which shall be equal to the fair market value of his Units in the Company as of the date of resignation. Under circumstances requiring a return of any Capital ContributionContributions, no Member has the right to receive Property other than Cash cash except as may be specifically provided herein.
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Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 11, Article VI and 13Article VII hereof, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If Except as otherwise provided in the Act or this Agreement, upon resignation, any Member resigns or withdraws from the Company in breach of this Section 6.5, such resigning or withdrawing Member shall not be member is entitled to receive any only the distribution to which he is entitled under this Agreement, which shall be equal to the fair value of its Membership Interests in the Company as of the date of resignation. Under circumstances requiring a return of any Capital ContributionContributions, no Member has the right to receive Property other than Cash cash except as may be specifically provided herein.
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Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 11, 10 and 1312. hereof, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If any Member resigns or withdraws from the Company in breach of this Section 6.56.6, such resigning or withdrawing Member shall not be entitled to receive any distribution under this Agreement. Under circumstances requiring a return of any Capital ContributionContributions, no Member has the right to receive Property other than Cash cash except as may be specifically provided herein.
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Withdrawal; Resignation. Except as otherwise provided in Sections 4, 7, 11, 5 and 1312, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent approval of all Membersthe Executive Committee. If any Member resigns or withdraws from the Company in breach of this Section 6.58.5, such resigning or withdrawing Member shall not be entitled to receive any distribution under this Agreement. Under circumstances requiring a return of any Capital Contribution, no Member has the right to receive Property any Company asset other than Cash cash, except as may be specifically provided hereinin this Agreement.
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Withdrawal; Resignation. Except as otherwise provided in Sections 4Section 4 (including, 7but not limited to, Section 4.3(a)), Section 11, and 13or Section 12 hereof, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all the Members. If Except as otherwise provided in the Act or this Agreement, upon resignation, any resigning Member resigns is entitled to receive only the distribution to which he or withdraws from the Company in breach of she is entitled under this Section 6.5Agreement, such resigning or withdrawing Member and shall not be entitled to receive any distribution under this Agreementthe fair value of its Membership Interest in the Company as of the date of resignation. Under circumstances requiring a return of any Capital ContributionContributions, no Member has the right to receive Property other than Cash cash except as may be specifically provided herein.
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Withdrawal; Resignation. Except as otherwise provided in Sections 4, 75.2(k), 11, 10 and 1312 hereof, no Member shall demand or receive a return on or of its Capital Contributions or withdraw or resign as a Member from the Company without the affirmative written consent of all Members. If any Member resigns or withdraws from the Company in breach of this Section 6.56.6, such resigning or withdrawing Member shall not be entitled to receive any distribution under this Agreement. Under circumstances requiring a return of any Capital ContributionContributions, no Member has the right to receive Property other than Cash cash except as may be specifically provided herein.
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