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Common use of Expulsion Clause in Contracts

Expulsion. A Member may be expelled from the Company if the expulsion is consented to by at least sixty-seven percent (67%) of the total Membership Interests.

Appears in 14 contracts

Sources: Limited Liability Company Agreement (Forbes Energy International, LLC), Limited Liability Company Agreement (Forbes Energy Services LLC), Limited Liability Company Agreement (Energy Services Puerto Rico LLC)

Related Clauses

  • NO DISSOLUTION, NO NULLIFICATION
  • Cessation
  • Compaction
  • Layoff
  • Dissolution

Parent Clauses

  • School's liability
  • Behaviour and Discipline
  • Emergency medical treatment
  • ADDITIONAL INFORMATION
  • Liability

Sub-Clauses

  • Procedure
  • Expulsion
  • Distributions on Expulsion
  • Cause
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