Common use of Dissolution Distributions Clause in Contracts

Dissolution Distributions. Upon the occurrence of the dissolution of the Company pursuant to Section 8.1, the available assets of the Company, after the prior payment in full of all Company liabilities (the “Dissolution Event Distributions”, and together with the Tax Distributions and the Profit Distributions, the “Distributions”) shall be distributed in accordance with Section 3.4(b).

Appears in 3 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement