Common use of Duration and Dissolution Clause in Contracts

Duration and Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the first to occur of the following: (a) the Member votes for dissolution; or (b) the entry of a decree of judicial dissolution under Section 18-801 of the Act.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Badlands Power Fuels, LLC)

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Duration and Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the first to occur of the following: (a) the Member votes for dissolution; or (b) the entry of a decree of judicial dissolution under Section 18-801 1705.47 of the ActCode.

Appears in 2 contracts

Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Hek Water Solutions, LLC)

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