Distribution of Assets on Dissolution. Upon the winding up of the Company, the Company Property shall be distributed:
Distribution of Assets on Dissolution. Upon the winding up of the Company, the Manager shall liquidate the Company Property if necessary or desirable, and shall cause the Company property to be distributed as follows:
Distribution of Assets on Dissolution. In settling accounts after dissolution, the assets of the Company shall be paid, reserved or distributed in the following order:
Distribution of Assets on Dissolution. Upon the winding up of the Company, the Managing Member shall take full account of the assets and liabilities of the Company, shall liquidate the assets (unless the Managing Member determines that a distribution of any of the Company's Property in-kind would be more advantageous to the Member than the sale thereof) as promptly as is consistent with obtaining the fair value thereof, and shall apply and distribute the proceeds therefrom in the following order:
Distribution of Assets on Dissolution. Upon dissolution and winding up of the Company for any reason, its assets shall be applied to pay or satisfy:
Distribution of Assets on Dissolution. 21 4. Winding Up and Certificate of Dissolution............................................................ 21 5.
Distribution of Assets on Dissolution. Upon the winding up of the Company, the Company's Property shall be distributed: first, to creditors, including the Member if then a creditor, to the extent permitted by law, in satisfaction of the Company's indebtedness and other liabilities; and second, to the Member. Liquidation proceeds shall be paid within 180 days of the end of the Company's taxable year or, if later, within 180 days after the date of liquidation.
Distribution of Assets on Dissolution. Upon the winding up of the Company, the Managing Member shall take full account of the assets and liabilities of the Company, shall liquidate the assets (unless the Managing Member determines that a distribution of any Company Property in- kind would be more advantageous to the Member than the sale thereof) as promptly as is consistent with obtaining the fair value thereof, and shall apply and distribute the proceeds therefrom in the following order:
Distribution of Assets on Dissolution. Upon demand by the Company, each Member with a negative Capital Account after taking into account all adjustments and distributions for the taxable year shall restore his Capital Account to a zero balance so that the allocations under this Agreement will have "substantial economic effect" for purposes of the Regulations under (S)704(b) of the Code. Upon the winding up of the Company, the Company's assets shall be distributed:
Distribution of Assets on Dissolution. Upon the winding up of the Company, the remaining Members shall take full account of the assets and liabilities of the Company and shall liquidate the assets of the Company as promptly as is consistent with obtaining the fair value thereof. The proceeds of any liquidation shall be applied and distributed in the following order:
