DISSOLUTION, WINDING Clause Samples

DISSOLUTION, WINDING. UP AND TERMINATION ARTICLE 12 MERGER ARTICLE 13 GENERAL PROVISIONS A Delaware Limited Liability Company
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DISSOLUTION, WINDING. Up and Liquidation..................................................................22 8.1
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DISSOLUTION, WINDING. Up The institution by or against the Debtor of any formal or informal proceeding for the dissolution or liquidation of, settlement of claims against or winding up of affairs of the Debtor;
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DISSOLUTION, WINDING. UP AND TERMINATION 9.01 Default. [*]
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DISSOLUTION, WINDING. UP AND TERMINATION 18 ARTICLE 12 MERGER 19 ARTICLE 13 GENERAL PROVISIONS 22
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DISSOLUTION, WINDING. UP AND TERMINATION; CONTINUATION
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DISSOLUTION, WINDING. Up and Termination; Certain Mergers ARTICLE VIII Amendment of Agreement; Shareholder Meetings; Record Date ARTICLE IX Covenants ARTICLE X General Provisions AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF ENBRIDGE ENERGY MANAGEMENT, L.L.C.
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DISSOLUTION, WINDING. UP AND TERMINATION --------------------------------------- 10.1 Dissolution ----------- 10.1.1 Subject to Section 10.1.2, the Company shall dissolve and its affairs shall be wound up on the first to occur of the following events (each a "Dissolution Event"): (a) the unanimous consent of the Members; (b) the dissolution or Bankruptcy of a Member; or (c) the entry of a decree of judicial dissolution of the Company under Section 18-802 of the Act; or (d) dissolution under Section 11.1(b)(iii) of the Foundation Agreement. 10.1.2 If a Dissolution Event described in Section 10.1.1(b) shall occur, the Company shall not be dissolved, and the business of the Company shall be continued if the remaining Member elects within ninety (90) days of the occurrence of such Dissolution Event to continue (such agreement is referred to herein as a "Continuation Election").
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DISSOLUTION, WINDING. UP AND TERMINATION 9.01 Dissolution....................................................................................30 9.02 Winding-Up and Termination.....................................................................30 9.03
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Related to DISSOLUTION, WINDING

  • Dissolution Winding Up (a) The Partnership shall be dissolved upon (i) the adoption of a plan of dissolution by the General Partner(s) or (ii) the occurrence of any event required to cause the dissolution of the Partnership under the Act. (b) Any dissolution of the Partnership shall be effective as of the date on which the event occurs giving rise to such dissolution, but the Partnership shall not terminate unless and until all its affairs have been wound up and its assets distributed in accordance with the provisions of the Act. (c) Upon dissolution of the Partnership, the Partnership shall continue solely for the purposes of winding up its business and affairs as soon as reasonably practicable. Promptly after the dissolution of the Partnership, the General Partner(s) shall immediately commence to wind up the affairs of the Partnership in accordance with the provisions of this Agreement and the Act. In winding up the business and affairs of the Partnership, the General Partner(s) may take any and all actions that it determines in its sole discretion to be in the best interests of the Partners, including, but not limited to, any actions relating to (i) causing written notice by registered or certified mail of the Partnership’s intention to dissolve to be mailed to each known creditor of and claimant against the Partnership, (ii) the payment, settlement or compromise of existing claims against the Partnership, (iii) the making of reasonable provisions for payment of contingent claims against the Partnership and (iv) the sale or disposition of the properties and assets of the Partnership. It is expressly understood and agreed that a reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership and the satisfaction of claims against the Partnership so as to enable the General Partner(s) to minimize the losses that may result from a liquidation.

  • Dissolution The Company shall dissolve, and its affairs shall be wound up, upon the first to occur of the following: (a) the written consent of the Member or (b) the entry of a decree of judicial dissolution under Section 18-802 of the Act.

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

  • 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.