Common use of Events Causing Dissolution Clause in Contracts

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) The affirmative vote of a Super Majority in Interest to dissolve; (ii) The Transfer of all or substantially all of the assets of the Company and the receipt and distribution of all the proceeds therefrom; or (iii) The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) The affirmative vote the consent of a Super Majority in Interest to dissolveat least two-thirds of the members of the Board; (ii) The Transfer of all or substantially all of the assets of at any time there are no Members, unless the Company and is continued in accordance with the receipt and distribution of all the proceeds therefromAct or this Agreement; or (iii) The the entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) The affirmative vote of a Super Majority in Interest to dissolve; (ii) The Transfer of all or substantially all of the assets of the Company and the receipt and distribution of all the proceeds therefrom; or (iii) The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s 's dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) The affirmative vote of a Super Majority in Interest to dissolve; (ii) The Transfer of all or substantially all of the assets of the Company and the receipt and distribution of all the proceeds therefrom; or (iii) The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) The affirmative vote unanimous consent of a Super Majority in Interest the Members to dissolve; (ii) The Transfer of all or substantially all of the assets of the Company and the receipt and distribution of all the proceeds therefrom; or (iii) The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following eventsevents to occur: (ia) The affirmative vote of a Super Majority in Interest to dissolve; (ii) The Transfer written consent of all or substantially all Members at any time to dissolve and wind up the affairs of the assets of the Company and the receipt and distribution of all the proceeds therefrom; or (iii) The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act.Company; (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy Bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company, unless there is at least one remaining Member and the business of the Company shall not, in and is continued by the consent of itself, cause all remaining Members within 90 days following the Company’s dissolutionoccurrence of any such event; or (c) The occurrence of any other event that causes the dissolution of a limited liability company under the Act.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) The affirmative vote written consent of a Super Majority in Interest the Initial Members to dissolve; (ii) The Transfer of all or substantially all of the assets of the Company and the receipt and distribution of all the proceeds therefrom; or (iii) The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) The affirmative vote unanimous written consent of a Super Majority in Interest to dissolvethe Members; (ii) The Transfer of all or substantially all of the assets of at any time there are no Members, unless the Company and is continued in accordance with the receipt and distribution of all the proceeds therefromAct or this Agreement; or (iii) The the entry of a decree of judicial dissolution of the Company pursuant to Section 18-802 of the Act. (b) The bankruptcy (as defined in Section 18-101 of the Act) of a Member shall not cause such Member to cease to be a member of the Company. The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.