Election to Continue. In accordance with subsection 11.1.3, the remaining Members may only consent to the continuation of the Company by Majority Vote at a meeting held or by Majority Vote indicated in a written consent given within 180 days after the Terminating Event. In the event of such continuation, the Interest of the Member who has suffered a Terminating Event (the "Terminated Member") must be addressed in one of the following manners:
Appears in 2 contracts
Sources: Operating Agreement (WQN, Inc.), Operating Agreement (WQN, Inc.)