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.
Appears in 256 contracts
Samples: Limited Liability Company Agreement (Cco Holdings Capital Corp), Limited Liability Company Agreement (Charter Communications Inc /Mo/), Limited Liability (Time Warner Cable Information Services (Texas), LLC)
Effective Date of Dissolution. Any Absent an election to continue the Company as provided in this Article, dissolution of the Company shall be effective as of on the date on which the event occurs giving rise to such the dissolution, but the Company shall not terminate unless be wound up until cancelation of the Company’s Articles Of Organization and until all its affairs remaining Company Assets have been wound up and its assets distributed distributed, as provided in accordance with the provisions of the Act and the Certificate is cancelledthis Agreement.
Appears in 7 contracts
Samples: Operating Agreement (Central Park Fund 1, LLC), Operating Agreement (Central Park Fund I, LLC), Operating Agreement (ADPI Fund I, LLC)
Effective Date of Dissolution. Any Absent an election to continue the Company, dissolution of the Company shall be effective as of on the date on which the event occurs giving rise to such the dissolution, but the Company shall not terminate unless be wound up until cancelation of the Company’s Certificate Of Formation and until all its affairs remaining Company Assets have been wound up and its assets distributed distributed, as provided in accordance with the provisions of the Act and the Certificate is cancelledthis Agreement.
Appears in 3 contracts
Samples: Amended Operating Agreement (Cardone REIT I, LLC), Operating Agreement (Cardone REIT I, LLC), Operating Agreement
Effective Date of Dissolution. Any Absent an election to continue the Company, dissolution of the Company shall be effective as of on the date on which the event occurs giving rise to such the dissolution, but the Company shall not terminate unless be wound up until cancelation of the Company’s Certificate Of Formation and until all its affairs remaining Company Assets have been wound up and its assets distributed distributed, as provided in accordance with the provisions of the Act and the Certificate is cancelled.this Agreement. OPERATING AGREEMENT OF CARDONE EQUAL OPPORTUNITY FUND 2, LLC
Appears in 2 contracts
Samples: Operating Agreement (Cardone Equal Opportunity Fund 2, LLC), Operating Agreement (Cardone Equal Opportunity Fund 2, LLC)
Effective Date of Dissolution. Any dissolution Dissolution of the Company shall be effective as of upon the date on which the event occurs giving rise to such dissolutionthe dissolution occurs, but the Company shall not terminate unless and until all its affairs the assets of the Company shall have been wound up and its assets distributed as provided in accordance with the provisions Section 9.4. Notwithstanding dissolution of the Act Company, prior to the liquidation and termination of the Company, the business of the Company and the Certificate is cancelledaffairs of the Members, as such, shall continue to be governed by this Agreement.
Appears in 2 contracts
Samples: Operating Agreement (Atria Communities Inc), Operating Agreement (Atria Communities Inc)
Effective Date of Dissolution. Any dissolution Dissolution of the Company shall be effective as of on the date day on which the event occurs giving rise to such the dissolution, but the Company shall not terminate unless and until all its affairs the assets of the Company shall have been wound up liquidated and its assets distributed in accordance with distributed. Notwithstanding the provisions dissolution of the Act Company, prior to the termination of the Company the business of the Company and the Certificate is cancelledrights and obligations of any Member, as such, shall continue to be governed by this Agreement.
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