Effect of Withdrawal. This Agreement shall continue notwithstanding any withdrawal by a Member and all governance rights set forth herein with respect to such Member shall be exercised by the remaining Member. No withdrawal shall relieve a Member of liability for any prior breach of this Agreement.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Earthlink Inc), Limited Liability Company Agreement (Earthlink Inc), Operating Company Agreement (Earthlink Inc)
Effect of Withdrawal. This Agreement shall continue notwithstanding any withdrawal by a of an Initial Member and all governance rights set forth herein with respect to such Member the Initial Members shall be exercised by the sole remaining Initial Member. No withdrawal shall relieve a Member of from liability for any prior breach of this Agreement.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Metropcs Communications Inc), Limited Liability Company Agreement (Metropcs Communications Inc)
Effect of Withdrawal. This Agreement shall continue notwithstanding any withdrawal by a of an Initial Member and all governance rights set forth herein with respect to such Member the Initial Members shall be exercised by the sole remaining Initial Member. No withdrawal shall relieve a Member of liability for any prior breach of this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Cingular Wireless LLC)
Effect of Withdrawal. This Agreement shall continue notwithstanding any withdrawal by a of any Founding Member and all governance or other rights set forth herein with respect to such Member shall be exercised by the remaining MemberMembers. No withdrawal shall relieve a Founding Member of liability for any prior breach of this Agreement.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (Regal Entertainment Group)