Effective Date of Dissolution Sample Clauses

Effective Date of Dissolution. Any dissolution of the Company shall be effective as of the date on which the event occurs giving rise to such dissolution, but the Company shall not terminate unless and until all its affairs have been wound up and its assets distributed in accordance with the provisions of the Act and the Certificate is cancelled.
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Effective Date of Dissolution. The dissolution of an Company by vote of the Members shall be effective on the date specified in that vote or, if the Members do not specify a date, then on the date of completion of the vote.
Effective Date of Dissolution. The Partners agree to dissolve their Partnership, effective at the close of business on __________________, and shall thereafter promptly liquidate and wind up the affairs of the Partnership.
Effective Date of Dissolution. Dissolution of the Partnership shall be effective on the day on which the Dissolution Event occurs, but the Partnership shall not terminate until a certificate of termination has been filed in accordance with the Delaware Act and the assets of the Partnership have been distributed as provided in Section 14.03. Notwithstanding the dissolution of the Partnership, before the termination of the Partnership as provided in the immediately preceding sentence, the business of the Partnership and the affairs of the Partners shall continue to be governed by this Agreement.
Effective Date of Dissolution. (a) In the event of a dissolution of the Company pursuant to Section 12.1(a), such dissolution shall be effective as of the time agreed to by the Members.
Effective Date of Dissolution. Dissolution of the Partnership shall be effective on the earlier of December 31, 2043, or the day on which the event occurs giving rise to the dissolution, but the Partnership shall not terminate until the Certificate shall have been cancelled and the assets of the Partnership shall have been distributed as provided in Section 13.8.4
Effective Date of Dissolution. Dissolution of the Company shall be effective upon the date on which the event giving rise to the dissolution occurs, but the Company shall not terminate until the assets of the Company shall have been distributed as provided in Section 9.4. Notwithstanding dissolution of the Company, prior to the liquidation and termination of the Company, the business of the Company, the business of the Company and the affairs of the Members, as such, shall continue to be governed by this Agreement.
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Effective Date of Dissolution. The dissolution of the Partnership pursuant to Section 10.2 shall be effective on the day on which the event giving rise to the dissolution occurs. Notwithstanding the effective date of the dissolution of the Partnership, the Partnership shall not terminate until the Partnership Property has been distributed.

Related to Effective Date of Dissolution

  • Events of Dissolution The Company shall be dissolved upon the happening of any of the following events:

  • Dissolution Event If there is a Dissolution Event before the termination of this Safe, the Investor will automatically be entitled (subject to the liquidation priority set forth in Section 1(d) below) to receive a portion of Proceeds equal to the Cash-Out Amount, due and payable to the Investor immediately prior to the consummation of the Dissolution Event.

  • Effective Date; Termination; Cancellation and Suspension Section 5.01. This Agreement shall come into force and effect on the date upon which the Development Credit Agreement becomes effective.

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