IN THE EVENT OF ADOPTION DISSOLUTION Sample Clauses

IN THE EVENT OF ADOPTION DISSOLUTION. Family Resource Center requests the adoptive family notify FRC as soon as practical regarding any significant concerns about an adoption or an impending dissolution of an adoption. FRC will work cooperatively with the adoptive family to locate resources for a permanent family for the child. The agency may be willing to take custody of the child on a case-by-case basis.
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IN THE EVENT OF ADOPTION DISSOLUTION. Family Resource Center requests the adoptive family notify FRC as soon as practical in regard to any significant concerns about an adoption or an impending dissolution of an adoption. FRC will work cooperatively with the adoptive family to locate resources for a permanent family for the child. The agency may be willing to take custody of the child on a case by case basis. UNDERSTANDING THE RISKS Families understand that all parties are acting in good faith toward a successful adoption but that the outcome of the adoption process cannot be guaranteed. Participants should only enter into this process with an understanding and willingness to assume these risks. The Hague Adoption Process calls for participants to accept a certain degree of financial risk in that they will pay non-refundable fees for services in advance of a possible placement and a placement may or may not occur. For a variety of reasons, not the least of which is that there is no guarantee that participants’ efforts will be successful, this process has the potential for significant emotional disappointment on the part of participants as a result of placements that do not occur, or where the process to bring the child to the US does not occur. Although participants may apply to FRC and sign this agreement prior to completion of their home study, participants must understand that their home study must be approved and accepted by all parties including USCIS and the foreign country governmental authorities as applicable.

Related to IN THE EVENT OF ADOPTION DISSOLUTION

  • 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.

  • NO DISSOLUTION, NO NULLIFICATION To the extent permitted by law, the parties hereby waive their rights pursuant to Articles 6:265 to 6:272 inclusive of the Dutch Civil Code to dissolve (ontbinden), or demand in legal proceedings the dissolution (ontbinding) of, this Agreement. Furthermore, to the extent permitted by law, the parties hereby waive their rights under Article 6:228 of the Dutch Civil Code to nullify (vernietigen), or demand in legal proceedings the nullification (vernietiging) of, this Agreement on the ground of error (dwaling).

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

  • Dissolution The Company shall be dissolved and its affairs shall be wound up on the first to occur of the following:

  • Winding Up Affairs Upon Termination In the event that this Contract is terminated for any reason, the parties agree that the provisions of this paragraph survive termination:

  • Dissolution of Entity The Contractor shall notify the County immediately of any intention to discontinue existence of the entity or to bring an action of dissolution.

  • Effect of Dissolution Except as otherwise provided in this Agreement, upon the dissolution of the Company, the Sole Member shall take such actions as may be required pursuant to the Act and shall proceed to wind up, liquidate and terminate the business and affairs of the Company. In connection with such winding up, the Sole Member shall have the authority to liquidate and reduce to cash (to the extent necessary or appropriate) the assets of the Company as promptly as is consistent with obtaining fair value therefor, to apply and distribute the proceeds of such liquidation and any remaining assets in accordance with the provisions of Section 8.3, and to do any and all acts and things authorized by, and in accordance with, the Act and other applicable laws for the purpose of winding up and liquidation.

  • Dissolution and Winding Up The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the Member. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member.

  • DISTRIBUTIONS AFTER DISSOLUTION Upon dissolution, the Company must pay its debts before distributing cash, assets, or capital to the Members or the Members’ interests. The Members agree that any distributions occurring after the dissolution of the Company will follow the process outlined in this Agreement and Section 00-00-000 of the Act.

  • Dissolution and Termination (a) The Company shall not be dissolved by the admission of Substitute Members or Additional Members. The Company shall dissolve, and its affairs shall be wound up, upon:

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