Dissolution Date Sample Clauses

Dissolution Date. For purposes of section 9.1.2, the term “Dissolution Date” means December 31, 2021, except that (i) the Manager may extend the Dissolution Date to December 31, 2022 by giving notice to all of the Members no later than September 30, 2021; and (ii) having given such notice, the Manager may further extend the Dissolution Date to December 31, 2023 by giving notice to all of the Members no later than September 30, 2022.
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Dissolution Date. For purposes of section 9.1.2, the term “Dissolution Date” means the date that is five years from the first offering of securities, except that (i) the Manager may extend the Dissolution Date by up to twenty-four (24) months at its sole discretion.
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Dissolution Date. 24 13.4 FINAL ACCOUNTING; LIQUIDATING AGENT.......................................24 13.5 WINDING UP OF THE PARTNERSHIP.............................................24 13.6 CERTAIN POWERS AND RIGHTS OF THE LIQUIDATING AGENT........................24 13.7
Sample 1
Dissolution Date. Dissolution of the Partnership shall be effective on the day on which the event occurs giving rise to dissolution (the "Dissolution Date"). Notwithstanding the foregoing, this agreement shall not terminate until the affairs of the Partnership have been wound-up and the assets of the Partnership have been distributed as provided in section 13.5. Section 9.7 shall survive any such dissolution and termination and continue in full force and effect indefinitely.
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Dissolution Date. 2 ARTICLE III MEMBERS / MANAGERS..........................2
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Dissolution Date. The Company shall dissolve on December 31, 2016, unless sooner dissolved pursuant to this Agreement or pursuant to the provisions of the NYLLC Law.
Sample 1

Related to Dissolution Date

  • Dissolution, etc Wind up, liquidate or dissolve (voluntarily or involuntarily) or commence or suffer any proceedings seeking any such winding up, liquidation or dissolution, except in connection with a merger or consolidation permitted pursuant to Section 10.8.

  • Dissolution Event If there is a Dissolution Event before the termination of this Safe, the Investor will automatically be entitled (subject to the liquidation priority set forth in Section 1(d) below) to receive a portion of Proceeds equal to the Cash-Out Amount, due and payable to the Investor immediately prior to the consummation of the Dissolution Event.

  • Dissolution Winding Up (a) The Company shall be dissolved upon (i) the adoption of a plan of dissolution by the members or (ii) the occurrence of any event required to cause the dissolution of the Company under the Delaware Limited Liability Company Act.

  • Dissolution Winding Up Termination 27 8.1 Dissolution.......................................................................27 8.2

  • Dissolution; Liquidation (a) The Company shall dissolve, and its affairs shall be wound up upon the first to occur of the following: (i) the written consent of the Member or (ii) any other event or circumstance giving rise to the dissolution of the Company under Section 18-801 of the Act, unless the Company’s existence is continued pursuant to the Act.

  • Dissolution The Company shall be dissolved and its affairs shall be wound up on the first to occur of the following:

  • Dissolution and Winding Up The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the Member. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member.

  • Dissolution Events The Company will be dissolved upon the happening of any of the following events:

  • Dissolution and Liquidation (Check One)

  • 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.

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