Common use of Events Causing Dissolution Clause in Contracts

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote of all Members; or (b) the sale or liquidation of all or substantially all of the assets of the Company.

Appears in 4 contracts

Sources: Limited Liability Company Agreement (InSight Imaging Services Corp.), Limited Liability Company Agreement (InSight Imaging Services Corp.), Limited Liability Company Agreement (InSight Imaging Services Corp.)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events:events (each, a “Liquidating Event”): (a) the Unanimous Vote of all Members; or (b) the sale or liquidation of all or substantially all of the assets Company’s assets; (b) at any time there are no members of the Company; (c) an election to dissolve the Company made by the Managing Member, with the consent of the Majority in Interest of the Members; or (d) the entry of a decree of judicial dissolution under Section 17-802 of the Act.

Appears in 3 contracts

Sources: Operating Agreement (Biote Corp.), Limited Liability Company Agreement (OppFi Inc.), Business Combination Agreement (FG New America Acquisition Corp.)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) : the Unanimous Vote joint written election of all the Members; or (b) the entry of a decree of judicial dissolution of the Company under the [Pennsylvania Act]; or the sale or liquidation of all or substantially all of the assets of the Company.

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote written consent of all Members; or (b) the sale or liquidation entry of all or substantially all a decree of judicial dissolution under Section 702 of the assets LLC Law; or (c) upon a termination of the CompanyCompany pursuant to Section 14.4.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Norfolk Southern Corp), Limited Liability Company Agreement (Norfolk Southern Corp)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote determination of all the Manager to the dissolution of the Company; (b) at such time as there are no Members; (c) the entry of a decree of judicial dissolution under the Act; or (bd) upon the sale or liquidation of all or substantially all of the assets of the CompanyCompany and a distribution of all of the proceeds of such sale.

Appears in 2 contracts

Sources: Co Venture Agreement (VirTra, Inc), Co Venture Agreement (Nuvola, Inc.)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote determination of all the Members pursuant to Section 6.12(q); (b) at such time as there are no Members; (c) the entry of a decree of judicial dissolution under the Act; or (bd) the sale sale, exchange or liquidation disposition of all all, or substantially all of the assets all, of the Company’s assets in one transaction or a series of related transactions.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (MPLX Lp), Limited Liability Company Agreement (Markwest Energy Partners L P)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote determination of all the Members pursuant to Section 6.12(p); (b) at such time as there are no Members; (c) the entry of a decree of judicial dissolution under the Act; or (bd) the sale sale, exchange or liquidation disposition of all all, or substantially all of the assets all, of the Company’s assets in one transaction or a series of related transactions.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Markwest Energy Partners L P), Contribution Agreement (Markwest Energy Partners L P)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote unanimous consent of all the Members; or; (b) the sale or liquidation of all or substantially all unanimous consent of the assets Board of Managers; or (c) the entry of a decree of judicial dissolution of the CompanyCompany under Section 701(a)(5) of the New York Act.

Appears in 1 contract

Sources: Operating Agreement (Northeast Utilities System)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote The written consent of all a Majority in Interest of each Class of Members; or; (b) the The sale or liquidation of all or substantially all of the assets of the CompanyCompany and the expiration of any indemnity period or escrow or the payment of any deferred payment relating to such sale; (c) The entry of a decree of judicial dissolution under Section 18-802 of the Delaware Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Plymouth Opportunity REIT Inc.)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following eventsupon: (a) The approval of the Unanimous Vote Board and the affirmative vote or written consent of all Membersa Majority in Interest; or (b) the sale or liquidation The entry of all or substantially all a decree of judicial dissolution under Section 18-802 of the assets of the CompanyAct.

Appears in 1 contract

Sources: Operating Agreement (Rallybio Holdings, LLC)

Events Causing Dissolution. The Company shall be dissolved dissolve upon, and its affairs shall be wound up upon after, the occurrence happening of any of the following events: (a) 9.1.1 the Unanimous Vote election to dissolve and terminate the Company by the Managing Member, with the Consent of all a majority in Interest of the Members; or; (b) 9.1.2 the sale or liquidation other disposition of all or substantially all of the assets of the Company; or 9.1.3 the entry of a decree of judicial dissolution with respect to the Company under the Act.

Appears in 1 contract

Sources: Operating Agreement

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up only upon the occurrence of any of the following events: (a) the Unanimous Vote of all Members; or (b) the sale or liquidation of all or substantially all a. The written agreement of the assets Members who hold a majority of the Companyvoting units. b. The final decree of a court that dissolution is required under applicable law.

Appears in 1 contract

Sources: Operating Agreement (Multiband Field Services Inc)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following eventsupon: (a) At any time there are no Members of the Unanimous Vote Company, unless the Company is continued without dissolution in a manner permitted by the Act; (b) The sale, disposition or distribution of all Memberssecurities and assets held by the Company; (c) The liquidation of the Sponsor unless agreed in writing by all Managers; or (bd) The election to dissolve the sale or liquidation of Company made in writing by all or substantially all of the assets of the CompanyMembers.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote determination of all the Members pursuant to Section 6.12(q); (b) at such time as there are no Members; (c) the entry of a decree of judicial dissolution under the Act; or (bd) the sale sale, exchange or liquidation disposition of all all, or substantially all of the assets all, of the Company's assets in one transaction or a series of related transactions.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Markwest Energy Partners L P)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Majority Vote of all Members; orthe Board of Managers to dissolve, wind up and liquidate the Company; (b) the sale or liquidation of all or substantially all of the assets of the Company; or (c) the entry of a decree of judicial dissolution under Section 18-802 of the Act.

Appears in 1 contract

Sources: Operating Agreement (Digital Cinema Destinations Corp.)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Super Majority Vote of all the Members, which vote or consent shall include the adoption of a Plan of Liquidation; (b) at such time as there are no Members; or (bc) the sale or liquidation entry of all or substantially all a decree of judicial dissolution under Section 605.0702 of the assets of the CompanyAct.

Appears in 1 contract

Sources: Limited Liability Company Agreement

Events Causing Dissolution. The Company shall will be dissolved and its affairs shall will be wound up upon the occurrence of any of the following events: (a) subject to Section 6.11, the Unanimous Vote receipt of all Board approval; (b) at such time as there are no Members; (c) the entry of a decree of judicial dissolution under the Act; or (bd) the sale sale, exchange or liquidation disposition of all all, or substantially all of the assets all, of the Company’s assets in one transaction or a series of related transactions.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Rice Energy Inc.)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote determination of all the Members pursuant to Section 6.12(p); (b) at such time as there are no Members; (c) the entry of a decree of judicial dissolution under the Act; or (bd) the sale sale, exchange or liquidation disposition of all all, or substantially all of the assets all, of the Company's assets in one transaction or a series of related transactions.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Markwest Energy Partners L P)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote unanimous vote of all Membersthe General Meeting to dissolve, wind up and liquidate the Company; or (b) the sale or liquidation entry of all or substantially all a decree of the assets of the Companyjudicial dissolution under applicable Law.

Appears in 1 contract

Sources: Equity and Asset Purchase Agreement (Kimberly Clark Corp)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote expiration of all Members; orthe term of the Company as provided in Section 2.3; (b) a Majority Vote of the sale or liquidation Board of Managers to dissolve, wind up and liquidate the Company; (c) the Transfer of all or substantially all of the assets of the Company; or (d) the entry against the Company of a decree of judicial dissolution under Section 18-802 of the Act.

Appears in 1 contract

Sources: Operating Agreement (Lions Gate Entertainment Corp /Cn/)

Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the occurrence of any of the following events: (a) the Unanimous Vote determination of all the Board of Managers; (b) at such time as there are no Members; (c) the entry of a decree of judicial dissolution under the Act; or (bd) the on a direct or indirect sale or liquidation exchange of all or substantially all of the assets of the CompanyCompany or its Subsidiaries, taken as a whole.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (SeqLL, Inc.)