Events Resulting in Dissolution Sample Clauses

Events Resulting in Dissolution. The Company shall be dissolved only upon the first to occur of the following: (i) the written determination of the Member; or (ii) the entry of a decree of judicial dissolution under the Act.
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Events Resulting in Dissolution. The Company shall be dissolved only upon the first to occur of the following:
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Events Resulting in Dissolution. The Company shall dissolve pursuant to the Delaware Act only if one or more of the following events occurs:
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Events Resulting in Dissolution. The Company will be dissolved upon the decision of the Member or as required by the Act.
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Events Resulting in Dissolution. The Company shall not be dissolved or terminated by reason of the bankruptcy, removal, withdrawal, dissolution or admission of any Member. The Company shall dissolve pursuant to the Delaware Act only if one or more of the following events occurs:
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Events Resulting in Dissolution. The decision of the Member to dissolve shall result in an immediate dissolution of the Company.
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Events Resulting in Dissolution. The Company shall be dissolved upon the first to occur of the following:
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Events Resulting in Dissolution. The Company shall be dissolved upon the earlier of (1) the written election of both Members and (2) termination of the Marketing Agreement.
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Events Resulting in Dissolution. The Company will be dissolved upon the earlier of the expiration of its term or the occurrence of any of the following:
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Related to Events Resulting in Dissolution

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

  • Events Causing Dissolution Subject to Section 9.2, the Company shall be dissolved upon the first of the following events to occur:

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

  • 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.

  • 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.

  • Continuation of the Business of the Partnership After Dissolution Upon (a) dissolution of the Partnership following an Event of Withdrawal caused by the withdrawal or removal of the General Partner as provided in Section 11.1(a)(i) or (iii) and the failure of the Partners to select a successor to such Departing General Partner pursuant to Section 11.1 or Section 11.2, then, to the maximum extent permitted by law, within 90 days thereafter, or (b) dissolution of the Partnership upon an event constituting an Event of Withdrawal as defined in Section 11.1(a)(iv), (v) or (vi), then, to the maximum extent permitted by law, within 180 days thereafter, the holders of a Unit Majority may elect to continue the business of the Partnership on the same terms and conditions set forth in this Agreement by appointing as a successor General Partner a Person approved by the holders of a Unit Majority. Unless such an election is made within the applicable time period as set forth above, the Partnership shall conduct only activities necessary to wind up its affairs. If such an election is so made, then:

  • Limitations on Payments Made in Dissolution Except as otherwise specifically provided in this Agreement, the Member shall only be entitled to look solely to the assets of Company for the return of its positive Capital Account balance and shall have no recourse for its Capital Contribution and/or share of net income (upon dissolution or otherwise) against any Manager.

  • Termination and Dissolution of the contract

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