Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following: (a) the written consent of the Member; (b) the entry of a decree of judicial dissolution under Section 8972 of the Act. The Company shall not be dissolved for any other reason, including without limitation, the Member's becoming bankrupt or executing an assignment for the benefit of creditors.
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Sources: Operating Agreement (Atlas America Public #15-2005 Program)
Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following:following ("Liquidating Events"):
(a) the written consent of the Member;; or
(b) the entry of a decree of judicial dissolution under Section 8972 of the Act. The Company shall not be dissolved for any other reason, including without limitation, the Member's becoming bankrupt or executing an assignment for the benefit of creditorscreditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member's membership interest in the Company.
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