Dissolution and Winding Up of the Company. Dissolution. The Company will be dissolved on the happening of any of the following events: Sale, transfer, or other disposition of all or substantially all of the property of the Company; The agreement of all of the Members; By operation of law; or The death, incompetence, expulsion, or bankruptcy of a Member, or the occurrence of any event that terminates the continued membership of a Member in the Company, unless there are then remaining at least the minimum number of Members required by law and all of the remaining Members, within 120 days after the date of the event, elect to continue the business of the Company.
Dissolution and Winding Up of the Company. 9.1Dissolution. The Company shall be dissolved on the happening of any of the following events:
Dissolution and Winding Up of the Company. (a) The Company shall dissolve, its assets disposed of, and its affairs wound up upon the first to occur of the following (each a “Dissolution Event”):
Dissolution and Winding Up of the Company. 9.01 EVENTS CAUSING
Dissolution and Winding Up of the Company. 12.01 Events Causing Dissolution of the Company Upon any Member's bankruptcy, resignation, withdrawal, expulsion or other cessation to serve or the admission of a new member into the Company, the Company shall not dissolve but the business of the Company shall continue without interruption or break in continuity. However, the Company shall be dissolved and its affairs wound up upon the first to occur of any of the following events: (a) Failure to Deliver Initial Annual Business Plan. The election of Tejon to dissolve the Company if Majestic does not deliver the annual business plan for the first Business Plan Period for any reason to the Executive Committee pursuant to Section 2.07 on or before May 10, 2021 (provided such election is made prior to the date (if any) that the Executive Committee approves the initial annual business plan for the Company); (b)
Dissolution and Winding Up of the Company. 56 12.01 Events Causing Dissolution of the Company ...................................................... 56 12.02 Winding Up of the Company ............................................................................... 57 12.03
Dissolution and Winding Up of the Company. 7.1 Events Causing the Dissolution of the Company. The Company is dissolved and is to be wound up upon the happening of any of the following events, whichever first occurs: (i) the occurrence of an Event of Withdrawal with respect to Original Member; (ii) the decision of Original Member to so dissolve and wind up the Company; or (iii) the entry of a decree of judicial dissolution under Section 18-802 of the Act.
Dissolution and Winding Up of the Company. 8.1. EVENTS CAUSING THE DISSOLUTION OF THE COMPANY. The Company is dissolved and is to be wound up upon the happening of any of the following events, whichever first occurs:
Dissolution and Winding Up of the Company. 47 9.01 Events Causing Dissolution of the Company. . . . . . . . . . . . 47 9.02 Winding Up of the Company. . . . . . . . . . . . . . . . . . . . 48 9.03 Negative Capital Account Restoration . . . . . . . . . . . . . . 48 ARTICLE X BOOKS AND RECORDS; ACCOUNTING; TAX ELECTIONS . . . . . . . . . 49
Dissolution and Winding Up of the Company. 75 11.1 Events of Dissolution 75 11.2 Winding Up 76 11.3 Liquidation 76 11.4 Termination of Partnership 78
