Common use of Dissolved Member Clause in Contracts

Dissolved Member. If the Member is dissolved or terminated, the powers of the Member may be exercised by its legal representative or successor. Upon the dissolution of the Member, the Company shall not dissolve but shall continue in existence.

Appears in 15 contracts

Sources: Limited Liability Company Agreement (Vistancia Marketing, LLC), Limited Liability Company Agreement (Vistancia Marketing, LLC), Operating Agreement (Vistancia Marketing, LLC)

Dissolved Member. If the a Member is dissolved or terminated, the powers of the Member may be exercised by its legal representative or successor. Upon the dissolution of the a Member, the Company shall not dissolve but shall continue in existence.

Appears in 1 contract

Sources: Operating Agreement (Vistancia Marketing, LLC)

Dissolved Member. If the Member is dissolved or terminated, the powers of the Member may be exercised by its legal representative or successor. Upon the dissolution of the Member, the Company shall not dissolve but shall continue in existence.

Appears in 1 contract

Sources: Operating Agreement (Vistancia Marketing, LLC)