Common use of Admissions, Withdrawals and Removals Clause in Contracts

Admissions, Withdrawals and Removals. No Person shall be admitted to the Company as a Member except in accordance with Section 3.4 (in the case of Persons obtaining Units directly from the Company) or Section 7.6 (in the case of transferees of a permitted Transfer of Units from another Person). No Member shall be entitled to retire or withdraw from being a Member of the Company except (a) in accordance with Section 7.7, or (b) with the consent of the Board. No admission, withdrawal or removal of a Member shall cause the dissolution of the Company. Any purported admission, withdrawal or removal which is not in accordance with this Agreement shall be null and void.

Admissions, Withdrawals and Removals. No Person shall be admitted to the Company as a Member except in accordance with Section 3.4 (in the case of Persons obtaining Units directly from the Company) 3.2 or Section 7.6 (in the case of transferees of a permitted Transfer of Units from another Person)8.5. No Member shall be entitled to retire or withdraw from being a Member of the Company Company, nor shall any Member be removed from the Company, except (a) in accordance with Section 7.7, or (b) with the consent of the Board8.1. No admission, withdrawal withdrawal, removal or removal redemption of a Member shall shall, in and of itself, cause the dissolution of the Company. Any purported admission, withdrawal withdrawal, removal or removal redemption which is not in accordance with this Agreement shall be null and void.

Admissions, Withdrawals and Removals. No Person shall be admitted to the Company as a Member Member, except in accordance with Section 3.4 3.1(c) (in the case of with respect to Persons obtaining Units receiving Membership Interests directly from the Company) ), and Section 7.7 (with respect to Persons receiving Membership Interests from a Member or Section 7.6 (in the case of transferees of a permitted Transfer of Units from another PersonAssignee). No Member shall be removed or entitled to retire or withdraw from being a Member of the Company Company, except (a) in accordance with Section 7.7, 7.8 or (b) Section 7.9 or pursuant to any separate agreement with the consent of the BoardCompany. No Except as otherwise provided in this Agreement, no admission, withdrawal or removal of a Member shall cause the dissolution of the Company. Any purported admission, withdrawal or removal which is not in accordance with this Agreement shall be null and void.

Admissions, Withdrawals and Removals. No Person shall be admitted to the Company as a Member except in accordance with Section 3.4 2.5 (in the case of Persons obtaining Units an Interest directly from the Company) or Section 7.6 6.6 (in the case of transferees of a permitted Transfer of Units an Interest from another Person). No Member shall be entitled to retire or withdraw from being a Member of the Company except (a) in accordance with Section 7.76.7, or (b) with the consent of the Boardeach other Member, which consent may be given or withheld in each such Member’s sole and absolute discretion. No Member shall be subject to removal except in accordance with Sections 2.3.7 or 6.2. No admission, withdrawal or removal of a Member shall cause the dissolution of the Company. Any purported admission, withdrawal or removal which is not in accordance with this Agreement shall be null and void.

Admissions, Withdrawals and Removals. No Person shall be admitted to the Company as a Member Member, except in accordance with Section 3.4 3.2 (in the case of with respect to Persons obtaining Units receiving Interests directly from the Company) or and Section 7.6 8.5 (in the case of transferees of with respect to Persons receiving Interests from a permitted Transfer of Units from another PersonMember). No Member shall be entitled to retire or withdraw from being a Member of the Company except (a) in accordance with Section 7.7, or (b) with the written consent of the BoardManager. No Except as otherwise provided in Section 9.2(c), no admission, withdrawal or removal of a Member shall cause the dissolution of the Company. Any purported admission, withdrawal or removal which is not in accordance with this Agreement shall be null and void.