Common use of Election to Continue the Business Clause in Contracts

Election to Continue the Business. The Company shall not be dissolved pursuant to a Dissolution Event specified in Subsections 10.1(a) or (f) (except as otherwise provided in the Act), if, within 45 days of such Dissolution Event, a Majority of the Members remaining agree in writing to continue the business of the Company, and in the event there is only one remaining Member, such Member shall have the right to admit a new Member in accordance with the terms of this Agreement.

Election to Continue the Business. The Company shall not be dissolved pursuant to a an Event of Dissolution Event specified in Subsections 10.1(aSection 15.1(ii) or (f) v), (except as otherwise provided in the Act), if, within 45 sixty (60) days of such Dissolution EventEvent of Dissolution, a Majority of the Members remaining agree Member agrees in writing to continue the business of the Company, and in . In the event there is only one remaining Member, such that Member shall have the right to admit a new another Member in accordance with to the terms Company for the purpose of this Agreementeffecting the continuation of the businesses of the Company.

Election to Continue the Business. The Company shall not be --------------------------------- dissolved pursuant to a Dissolution Event specified in Subsections 10.1(a11.1(a) or (f) (except as otherwise provided in the Act), if, within 45 days of such Dissolution Event, a Majority of the Members remaining agree in writing to continue the business of the Company, and in the event there is only one remaining Member, such Member shall have the right to admit a new Member in accordance with the terms of this Agreement.