Common use of Certificate of Dissolution Clause in Contracts

Certificate of Dissolution. On completion of the distribution of Company assets as provided herein, the Members (or such other Person or Persons as the Act may require or permit) shall file a certificate of dissolution with the Pennsylvania Department of State, cancel any other filings made pursuant to Section 2.05 and take such other actions as may be necessary to terminate the existence of the Company. Upon the filing of such certificate of dissolution, the existence of the Company shall terminate (and the Term shall end), except as may be otherwise provided by the Act or by Applicable Law.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Sunoco Logistics Partners L.P.), Sunoco Logistics Partners Lp, Sunoco Partners Marketing & Terminals Lp

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Certificate of Dissolution. On completion of the distribution of Company assets as provided herein, the Members (or such other Person or Persons as the Act may require or permit) shall file a certificate of dissolution with the Pennsylvania Department of State, cancel any other filings made pursuant to Section 2.05 2.5 and take such other actions as may be necessary to terminate the existence of the Company. Upon the filing of such certificate of dissolution, the existence of the Company shall terminate (and the Term shall end), except as may be otherwise provided by the Act or by Applicable Law.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Sunoco Logistics Partners L.P.), Limited Liability Company Agreement (Sunoco Logistics Partners L.P.), Unitholders Agreement (Energy Transfer Partners, L.P.)

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Certificate of Dissolution. On completion of the distribution of Company assets as provided herein, the Members Company is terminated, and the Member (or such other Person or Persons as the Act may require or permit) shall file a certificate Certificate of dissolution Dissolution with the Pennsylvania Department of State, cancel any other filings made pursuant to Section 2.05 Article I, and take such other actions as may be necessary to terminate the existence of the Company. Upon the filing of such certificate of dissolution, the existence of the Company shall terminate (and the Term shall end), except as may be otherwise provided by the Act or by Applicable Law.

Appears in 1 contract

Samples: Operating Agreement (IDQ Operating, Inc.)

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