Death; Dissolution Sample Clauses

Death; Dissolution. If Borrower is a proprietorship, death of Borrower; if Borrower is a partnership, death of a partner; if Borrower or any guarantor is a corporation or limited liability company, dissolution or termination of Borrower or such guarantor or the filing or commencement of any proceeding by or against Borrower or any guarantor for such dissolution or termination; death of any guarantor named in Section 10 of the schedule, or failure of Borrower to continue to operate as a going concern;

Death; Dissolution. Death or disability of Concessionaire or any Guarantor, if Concessionaire or such Guarantor is a natural person, or the failure by Concessionaire or any Guarantor to maintain its legal existence, if Concessionaire or such Guarantor is a corporation, partnership, limited liability company, trust or other legal entity;

Death; Dissolution. If the Optionee is a natural person who dies while involved in a Business Relationship with the Company, this Option may be exercised, to the extent of the number of shares with respect to which the Optionee could have exercised it on the date of his death, by his estate, personal representative or beneficiary to whom this Option has been assigned pursuant to Article 10, at any time within one hundred eighty (180) days after the date of death, but not later than the scheduled expiration date. If the Optionee is a corporation, partnership, trust or other entity that is dissolved, liquidated, becomes insolvent or enters into a merger or acquisition with respect to which such Optionee is not the surviving entity at the time when such entity is involved in a Business Relationship with the Company, this Option shall immediately terminate as of the date of such event, and the only rights hereunder shall be those as to which this Option was properly exercised before such dissolution or other event.

Death; Dissolution. This Agreement will automatically terminate (i) upon the death of Lead Provider, if Lead Provider is an individual, or (ii) upon the dissolution of the corporation, partnership or other entity, if Lead Provider is a corporation, partnership or other entity.

Death; Dissolution. The death, Dissolution, liquidation, retirement, resignation, termination or expulsion of a Member or the occurrence of any other event under the Act which terminates the continued membership of a Member in the Series;

Death; Dissolution. The death or dissolution of any Member shall not cause the dissolution of the Company. In such event the Company and its business shall be continued by the remaining Member or Members and the Units owned by the deceased or dissolved Member shall automatically be Transferred to such Member's successors and assigns subject to Section 2.04(c), Section 8.01(b) and Section 8.01(c).