Dissolution Triggers. The LLC shall dissolve upon the first occurrence of the following events: (a) The determination by all the Managers serving on the Board that the LLC should be dissolved; or (b) The entry of a decree of judicial dissolution or the administrative dissolution of the LLC as provided in the Act.
Appears in 3 contracts
Sources: Operating Agreement, Operating Agreement (Where Food Comes From, Inc.), Operating Agreement (Where Food Comes From, Inc.)
Dissolution Triggers. The LLC shall dissolve only upon the first occurrence to occur of any of the following events:
(a) The determination by all the Managers serving on the Board Member that the LLC should be dissolved; or.
(b) The entry of a decree of judicial dissolution or the administrative dissolution of the LLC as provided in under the Act.
Appears in 2 contracts
Sources: Operating Agreement (Insurance Auto Auctions Tennessee LLC), Limited Liability Company Agreement (American Renal Associates LLC)
Dissolution Triggers. The LLC shall dissolve upon the first occurrence of the following events:
(a) The determination by all the Managers serving on the Board Board, subject to Section 5.2 hereof, that the LLC should be dissolved; or;
(b) The entry of a decree of judicial dissolution or the administrative dissolution of the LLC as provided in the Act; or
(c) A Change of Control Transaction.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Class D Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)
Dissolution Triggers. The LLC shall dissolve upon the first occurrence of the following events:
(a) The the determination by all the Managers serving on the Board that the LLC should be dissolved; or
(b) The entry the sale or other disposition of a decree all or substantially all of judicial dissolution or the administrative dissolution assets of the LLC as provided in the ActLLC.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Sinclair Broadcast Group Inc)
Dissolution Triggers. The LLC shall dissolve upon the first occurrence of the following events:
(a) The determination by all the Managers serving on holders of a majority of the Board outstanding Units entitled to vote that the LLC should be dissolved; or;
(b) The entry of a decree of judicial dissolution dissolution; or
(c) A sale, in accordance with this Agreement, of all or the administrative dissolution substantially all of the LLC as provided in assets of the ActLLC.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Dover Glen, Inc.)
Dissolution Triggers. The LLC shall dissolve only upon the first occurrence to occur of any of the following events:
(a) The determination by all the Managers serving on the Board that the LLC should be dissolved; orDecember 31, 2099;
(b) The unanimous vote of the Board;
(c) The entry of a decree of judicial dissolution or the administrative dissolution of the LLC as provided in the Act; or
(d) The sale of all or substantially all of the assets of the LLC.
Appears in 1 contract
Dissolution Triggers. The LLC shall dissolve upon the first occurrence of the following events:events (“Liquidating Events”):
(a) The determination by all Approval of the Managers serving on the Board Members that the LLC should be dissolved;
(b) The sale or other disposition of all or substantially all of the assets of the LLC; or
(bc) The entry of a decree of judicial dissolution or the administrative dissolution of the LLC as provided in the Act.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Level Brands, Inc.)
Dissolution Triggers. The LLC shall dissolve upon the first occurrence of the following events:
(a) The determination by all the Managers serving on the Board that the LLC should be dissolved; or
(b) The entry of a decree of judicial dissolution or the administrative dissolution of the LLC as provided in the Act.
Appears in 1 contract
Sources: Limited Liability Company Agreement (EcoReady Corp)