Common use of Liquidation of Member’s Interest Clause in Contracts

Liquidation of Member’s Interest. In no event may a Member liquidate its interest in the Company without the prior Approval of the Board of Directors, which approval may be given or withheld, conditioned or delayed (as allowed by this Agreement or the Act), as the Board of Directors may determine in its sole discretion.

Liquidation of Member’s Interest. In no event may a Member --------------------------------- liquidate its interest in the Company without the prior Approval of the Board of Directors, which approval may be given or withheld, conditioned or delayed (as allowed by this Agreement or the Act), as the Board of Directors may determine in its sole discretion.