Common use of Withdrawal; Successors Clause in Contracts

Withdrawal; Successors. A Member shall not be entitled to withdraw any part of its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement. No Member holding Class A Interests may withdraw from membership without the consent of the Board.

Withdrawal; Successors. A Member shall will not be entitled to withdraw any part of its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement, and no Member will be entitled to or required to make any capital contribution to the Company other than the Commitments. No Member holding Class A Interests may withdraw from membership without Any Member, including any additional or substitute Member, who receives an interest in the consent Company or whose interest in the Company is increased by means of a transfer to it of all or part of the Boardinterest of another Member, will have a Capital Account with respect to such interest initially equal to the Capital Account with respect to such interest of the Member from whom such interest is acquired.

Withdrawal; Successors. A Member shall not be entitled to withdraw any part of its Capital Account or to receive any distribution from the Company, except as specifically provided in this Agreement, and no Member shall be entitled to make any capital contribution to the Company except as otherwise provided in Article VIII. No Any Member holding Class A Interests may withdraw from membership without who shall receive a Membership Interest in the consent Company or whose Membership Interest in the Company shall be increased by means of a transfer to it of all or part of the BoardMembership Interest of another Member, shall have a Capital Account with respect to such Membership Interest initially equal to the Capital Account with respect to such interest of the Member from whom such Membership Interest is acquired except as otherwise required to account for any step up in basis resulting from a termination of the Company under Section 708 of the Code by reason of such Membership Interest transfer.

Withdrawal; Successors. A Member shall not be entitled to withdraw any part of its Capital Account or to receive any distribution from the Company, except as specifically provided in this the Agreement, and no Member shall be entitled to make any capital contribution to the Company other than the Commitments. No Member holding Class A Interests may withdraw from membership without Any Member, including any additional or Substitute Member, who shall receive an interest in the consent Company or whose interest in the Company shall be increased by means of a transfer to it of all or part of the Boardinterest of another Member, shall have a Capital Account with respect to such interest initially equal to the Capital Account with respect to such interest of the Member from whom such interest is acquired except as otherwise required to account for any step up in basis resulting from a termination of the Company under Section 708 of the Code by reason of such interest transfer.

Withdrawal; Successors. A Member shall not be entitled to withdraw any part of its Capital Account capital account or to receive any distribution from the Company, except as specifically provided in this the Agreement. No Member holding Class A Interests may withdraw from membership without Any Member, including any additional or Substitute Member, who shall receive an interest in the consent Company or whose interest in the Company shall be increased by means of a transfer to it of all or part of the Boardinterest of another Member, shall have a capital account with respect to such interest initially equal to the capital account with respect to such interest of the Member from whom such interest is acquired.

Withdrawal; Successors. A Member shall not be entitled to withdraw any part of its Capital Account or to receive any distribution from the Company, except as specifically provided in this the Agreement. No Member holding Class A Interests may withdraw from membership without In the consent event that any Membership Interest in the Company is transferred in accordance with the provisions hereof, the transferee of such interest shall succeed to that portion of the Boardtransferor's Capital Account attributable to such Membership Interest.