Common use of Distributions Upon Dissolution Clause in Contracts

Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 hereof, the Member shall be entitled to receive, after paying or making reasonable provision for all of the LLC’s creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLC.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Ply Gem Industries Inc), Limited Liability Company Agreement (Ply Gem Industries Inc), Limited Liability Company Agreement (Robec Brazil LLC)

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Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 13 hereof, the Member shall be entitled to receive, after paying or making reasonable provision for all of the LLC’s creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLC.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (HSI IP, Inc.), Limited Liability Company Agreement (HSI IP, Inc.), Limited Liability Company Agreement (HSI IP, Inc.)

Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 15 hereof, the Member Members shall be entitled to receive, after paying or making reasonable provision for all of the LLC’s creditors to the extent required by Section 18-804 42:2B-51 of the Act, the remaining funds of the LLC, in accordance with their positive Capital Account balances at the date of the dissolution, after giving effect to all contributions, distributions and allocations for all periods.

Appears in 2 contracts

Samples: Operating Agreement (Solar Power, Inc.), Operating Agreement (Solar Power, Inc.)

Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 8.4 hereof, the Member Members shall be entitled to receive, after paying or making reasonable provision for all of the LLCCompany’s creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLC.Company on a pro-rata basis. 8.6

Appears in 1 contract

Samples: Limited Liability Company Agreement (Jefferies Group LLC)

Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 11 hereof, the Member shall be entitled to receive, after paying or making reasonable provision for all of the LLC’s creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Duane Reade Holdings Inc)

Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 hereof15 above, the Member shall be entitled to receive, after paying or making reasonable provision for all of the LLC’s creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (HNS-India VSAT, Inc.)

Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 11 hereof, the Member shall be entitled to receive, after paying or making reasonable provision for all of the LLCCompany’s creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLCCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Winder HMA, LLC)

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Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 13 hereof, the Member shall be entitled to receive, after paying or making reasonable provision for all of the LLC’s 's creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLC.

Appears in 1 contract

Samples: Ft Defined Portfolio LLC

Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 13 hereof, the Member shall be entitled to receive, after paying or making reasonable provision for all of the LLC’s creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLC.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Distributions Upon Dissolution. Upon the occurrence of an event set forth in Section 12 13 hereof, the Member shall be entitled to receive, after paying or making reasonable provision for all alI of the LLC’s creditors to the extent required by Section 18-804 of the Act, the remaining funds of the LLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (HSI IP, Inc.)

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