Common use of Effect of Dissolution Clause in Contracts

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted by the Act.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (TransMontaigne Partners LLC), Operating Agreement (Medical Evaluation Specialists), LLC Operating Agreement (Medical Evaluation Specialists)

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Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted by Section 18-803 of the Act.

Appears in 7 contracts

Samples: Operating Agreement (Bluerock Residential Growth REIT, Inc.), Operating Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Operating Agreement (Bluerock Residential Growth REIT, Inc.)

Effect of Dissolution. Upon dissolutionExcept as permitted by the Act, upon dissolution the Company shall cease to carry on its business, except shall wind-up its affairs and shall terminate its existence as permitted by provided in this Agreement and the Act.

Appears in 4 contracts

Samples: Operating Agreement (Mediacom Capital Corp), Operating Agreement (Mediacom Capital Corp), Operating Agreement (Mediacom Broadband Corp)

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted by the Delaware Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (AAC Holdings, Inc.), Limited Liability Company Agreement (AAC Holdings, Inc.)

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its any business, except as permitted by Section 18-803 of the Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)

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Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted required by the Actlaw.

Appears in 1 contract

Samples: Operating Agreement

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted by Sections 803 and 804 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Glimcher Realty Trust)

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