Common use of Withdrawal; Resignation Clause in Contracts

Withdrawal; Resignation. A Member shall not cease to be a Member as a result of the Bankruptcy of such Member or as result of any other events specified in Section 18-304 of the Delaware Act. So long as a Member continues to own or hold any Membership Interests, such Member shall not have the ability to resign as a Member prior to the dissolution and winding-up of the Company and any such resignation or attempted resignation by a Member prior to the dissolution or winding-up of the Company shall be null and void. As soon as any Person who is a Member ceases to own or hold any Membership Interests, such Person shall no longer be a Member.

Withdrawal; Resignation. A Member shall not cease to be a Member as a result of the Bankruptcy of such Member or as a result of any other events specified in Section § 18-304 of the Delaware Act. So long as a Member continues to own or hold any Membership InterestsUnits, such Member shall not have the ability to resign as a Member prior to the dissolution and winding-winding up of the Company and any such resignation or attempted resignation by a Member prior to the dissolution or winding-winding up of the Company shall be null and void. As soon as any Person who is a Member ceases to own or hold any Membership InterestsUnits, such Person shall no longer be a Member.

Withdrawal; Resignation. A Member shall not cease to be a Member as a result of the Bankruptcy of such Member or as result of any other events specified in Section section 18-304 of the Delaware Act. So long as a Member continues to own or hold any Membership InterestsUnits, such Member shall not have the ability to resign as a Member prior to the dissolution and winding-winding up of the Company and any such resignation or attempted resignation by a Member prior to the dissolution or winding-winding up of the Company shall be null and void. As soon as any Person who is a Member ceases to own or hold any Membership InterestsUnits, such Person shall no longer be a Member.

Withdrawal; Resignation. A Member shall not cease to be a Member as a result ----------------------- of the Bankruptcy of such Member or as result of any other events specified in Section section 18-304 of the Delaware Act. So long as a Member continues to own or hold any Membership InterestsUnits, such Member shall not have the ability to resign as a Member prior to the dissolution and winding-winding up of the Company and any such resignation or attempted resignation by a Member prior to the dissolution or winding-winding up of the Company shall be null and void. As soon as any Person who is a Member ceases to own or hold any Membership InterestsUnits, such Person shall no longer be a Member.

Withdrawal; Resignation. A Member shall not cease to be a Member as a ----------------------- result of the Bankruptcy of such Member or as result of any other events specified in Section (S) 18-304 of the Delaware Act. So long as a Member continues to own or hold any Membership InterestsUnits, such Member shall not have the ability to resign as a Member prior to the dissolution and winding-winding up of the Company and any such resignation or attempted resignation by a Member prior to the dissolution or winding-winding up of the Company shall be null and void. As soon as any Person who is a Member ceases to own or hold any Membership InterestsUnits, such Person shall no longer be a Member.

Withdrawal; Resignation. A Member shall not cease to be a Member as a result of the Bankruptcy bankruptcy of such Member or as a result of any other events specified in Section § 18-304 of the Delaware Act. So long as a Member continues to own or hold any Membership InterestsUnits, such Member shall not have the ability to resign as a Member prior to the dissolution and winding-winding up of the Company and any such resignation or attempted resignation by a Member prior to the dissolution or winding-winding up of the Company shall be null and void. As soon as any Person who is a Member ceases to own or hold any Membership InterestsUnits, such Person shall no longer be a Member.