Common use of Dissolution Clause in Contracts

Dissolution. The Company shall be dissolved upon (i) the adoption of a plan of dissolution by the Members acting by unanimity of the Votes and the approval of the Manager or (ii) the occurrence of any other event required to cause the dissolution of the Company under the Act.

Appears in 257 contracts

Samples: Limited Liability Company Agreement (Charter Communications Inc /Mo/), Limited Liability Company Agreement (Cco Holdings Capital Corp), Limited Liability (Time Warner Cable Information Services (Texas), LLC)

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Dissolution. (a) The Company shall be dissolved and its affairs wound up upon (ia) the adoption of a plan of dissolution by the Members acting by unanimity retirement or withdrawal of the Votes and only remaining Member of the approval Company (other than in connection with an assignment of its interest in the Company), or (b) the written determination of the Manager or (ii) the occurrence of any other event required to cause the dissolution of that the Company under the Actdissolve.

Appears in 42 contracts

Samples: Limited Liability Company Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC), Limited Liability Company Agreement (Diamond Resorts Parent, LLC)

Dissolution. The Company shall be dissolved and its business wound up upon (i) the adoption of a plan of dissolution decision made at any time by the Members acting by unanimity of Member to dissolve the Votes and the approval of the Manager Company, or (ii) upon the occurrence of any other event required to cause the of dissolution of the Company under the Act.

Appears in 28 contracts

Samples: Limited Liability Company Agreement (Tempur Pedic International Inc), Limited Liability Company Agreement (MBOW Four Star, L.L.C.), Limited Liability Company Agreement (Sealy US Sales, LLC)

Dissolution. The Company shall be dissolved upon the earlier of (ia) the adoption of a plan of dissolution election to dissolve the Company by the Members acting by unanimity of the Votes and the approval of the Manager Member or (iib) the occurrence of any other event as otherwise required to cause the dissolution of the Company under the Act.

Appears in 15 contracts

Samples: Limited Liability Company Agreement (CIFC Member LLC), Limited Liability Company Agreement (CIFC Member LLC), Limited Liability Company Agreement (CIFC Member LLC)

Dissolution. The Company shall be dissolved and its business wound up upon (i) the adoption of a plan of dissolution decision made at any time by the Members acting by unanimity of to dissolve the Votes and the approval of the Manager Company, or (ii) upon the occurrence of any other event required to cause the of dissolution of the Company under the Act.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.), Limited Liability Company Agreement (El Paso Pipeline Partners, L.P.), Limited Liability Company Agreement (Inergy Storage, Inc.)

Dissolution. The Company shall be dissolved upon upon, and only upon, the earlier to occur of the following: (i) a decision to dissolve by a Majority in Interest of all the adoption of a plan of dissolution by the Members acting by unanimity of the Votes and the approval of the Manager Shareholders; or (ii) the occurrence entry of any other event required to cause the a decree of judicial dissolution of the Company under the Act.

Appears in 2 contracts

Samples: Novelis CORP, Novelis CORP

Dissolution. The Company shall be dissolved only upon (i) the adoption of a plan of dissolution by the Members acting by unanimity of the Votes and the approval of the Manager or (ii) the occurrence of any other event required to cause the dissolution either of the Company following events: (a) by the Member; or (b) by an entry or decree of judicial dissolution as contemplated under the Act.

Appears in 2 contracts

Samples: Operating Agreement (Capitalsource Holdings LLC), Operating Agreement (Capitalsource Holdings LLC)

Dissolution. The Company shall be dissolved and its affairs wound up upon (ia) the adoption of a plan of dissolution resolution by the Members acting by unanimity of Member to dissolve the Votes and the approval of the Manager Company or (iib) the occurrence of any other an event required that terminates the continued membership of the Member. In the event of dissolution, the Company shall conduct only such activities as are necessary to cause wind up its affairs (including the dissolution sale of the assets of the Company under in an orderly manner), and the assets of the Company shall be applied in the manner, and in the order of priority set forth in Section 18-804 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Replay Acquisition Corp.)

Dissolution. The Company shall will be dissolved upon (i) the adoption happening of a plan any of dissolution by the following events: The determination of the Members acting by unanimity of the Votes and the approval of the Manager or (ii) the occurrence of any other event required to cause the dissolution of dissolve the Company under the Actvoluntarily; or Otherwise by operation of law.

Appears in 1 contract

Samples: Operating Agreement

Dissolution. The Company shall be dissolved upon and its affairs shall be wound up (i) upon the adoption of a plan of dissolution unanimous decision made at any time by the Members acting by unanimity of Member or members to dissolve the Votes and the approval of the Manager or Company, (ii) at any time there are no members of the occurrence Company, unless the Company is continued in accordance with the Act, or (iii) the entry of any other event required to cause the a decree of judicial dissolution of the Company under the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Pandora Media, LLC)

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Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following: (i) the adoption of a plan of dissolution by the Members acting by unanimity term of the Votes and Company stated in the approval Articles of the Manager Organization expires; or (ii) the occurrence of any other event required to cause the dissolution upon a Majority Vote of the Company under Members vote to dissolve the ActCompany.

Appears in 1 contract

Samples: Operating Agreement (APL SouthTex Pipeline Co LLC)

Dissolution. The Company shall be dissolved upon (i) the adoption of a plan of dissolution by the Members acting by unanimity of the Votes and the approval of the Manager or (ii) the occurrence of any other event required to cause the dissolution of the following: An event that causes dissolution under this Agreement The unanimous approval of the Members; or A decree of judicial dissolution. A court may declare judicial dissolution if the Company under the Actcannot carry out its business in conformity with its Articles of Organization and this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Par Petroleum Corp/Co)

Dissolution. The Company shall be dissolved upon (ia) the adoption election of the Manager, (b) entry of a plan decree of dissolution by the Members acting by unanimity of the Votes and the approval of the Manager or (ii) the occurrence of any other event required to cause the judicial dissolution of the Company under pursuant to the Act, (c) at any time there are no Members, unless the Company is continued in accordance with the Act, or (d) an Approved Sale.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Laredo Oil, Inc.)

Dissolution. The Company shall be dissolved only upon (i) the adoption of a plan of dissolution by the Members acting by unanimity of the Votes and the approval determination of the Manager to dissolve, or (ii) the occurrence entry of any other event required a decree of a judicial dissolution pursuant to cause the dissolution of the Company under the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Money With Meaning Fund, LLC)

Dissolution. The Company shall be dissolved upon (i) the adoption of a plan of dissolution by the Members acting by unanimity of the Votes and the approval of the Manager or (ii) the occurrence of any other event required to cause the dissolution of the Company under following events: A. The election by the Act.Managers to dissolve or terminate the Company; or B. The election by the Members holding more than two-thirds of the Units to dissolve and terminate the Company. 7.2

Appears in 1 contract

Samples: Limited Liability Company Agreement (Triton PCS Holdings Co LLC)

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