Common use of Liquidating Events Clause in Contracts

Liquidating Events. The Company shall dissolve and commence winding up and liquidating upon the first to occur of the following (“Liquidating Events”): (a) The sale of all or substantially all of the Property; (b) The agreement of holders of a majority of the Voting Interests Percentage to dissolve, wind up, and liquidate the Company; (c) The happening of any other event that makes it unlawful or impossible to carry on the business of the Company; or (d) An administrative dissolution or the entry of a decree of judicial dissolution of the Company under the Act. The Members hereby agree that the Company shall not dissolve prior to the occurrence of a Liquidating Event. If it is determined, by a court of competent jurisdiction, that the Company has dissolved prior to the occurrence of a Liquidating Event, the Members hereby agree to continue the business of the Company without a winding up or liquidation.

Liquidating Events. The Company shall dissolve and commence winding up and liquidating upon the first to occur of the following (“Liquidating Events”): (a) The sale of all or substantially all of the Property;assets of the Company; and (b) The unanimous written agreement of holders of a majority of the Voting Interests Percentage Managing Member and the H&F Continuing Members to dissolve, wind up, and liquidate the Company; (c) The happening of any other event that makes it unlawful or impossible to carry on the business of the Company; or (d) An administrative dissolution or the entry of a decree of judicial dissolution of the Company under the Act. The Members hereby agree that the Company shall not dissolve prior to the occurrence of a Liquidating EventEvent and that no Member shall seek a dissolution of the Company, under Section 18-802 of the Act or otherwise, other than based on the matters set forth in subsections (a) and (b) above. If it is determined, determined by a court of competent jurisdiction, jurisdiction that the Company has dissolved prior to the occurrence of a Liquidating Event, the Members hereby agree to continue the business of the Company without a winding up or liquidation.

Liquidating Events. The Company shall dissolve and commence winding up and liquidating upon the first to occur of the following (“Liquidating Events”): (a) The sale of all or substantially all of the Propertyassets of the Company; (b) The unanimous consent of the Board; and (c) The unanimous written agreement of holders of a majority of the Voting Interests Percentage all Members to dissolve, wind up, and liquidate the Company; (c) The happening of any other event that makes it unlawful or impossible to carry on the business of the Company; or (d) An administrative dissolution or the entry of a decree of judicial dissolution of the Company under the Act. The Members hereby agree that the Company shall not dissolve prior to the occurrence of a Liquidating EventEvent and that no Member shall seek a dissolution of the Company, under Section 18-802 of the Act or otherwise, other than based on the matters set forth above. If it is determined, determined by a court of competent jurisdiction, jurisdiction that the Company has dissolved prior to the occurrence of a Liquidating Event, the Members hereby agree to continue the business of the Company without a winding up or liquidation.

Liquidating Events. The Company shall dissolve and commence winding up and liquidating upon the first to occur of the following (“Liquidating Events”): (a) The sale of all or substantially all of the Propertyassets of the Company; (b) The unanimous consent of the Board; and (c) The unanimous written agreement of holders of a majority of all Members (other than the Voting Interests Percentage Plan Member and the eRx Members) to dissolve, wind up, and liquidate the Company; (c) The happening of any other event that makes it unlawful or impossible to carry on the business of the Company; or (d) An administrative dissolution or the entry of a decree of judicial dissolution of the Company under the Act. The Members hereby agree that the Company shall not dissolve prior to the occurrence of a Liquidating EventEvent and that no Member shall seek a dissolution of the Company, under Section 18-802 of the Act or otherwise, other than based on the matters set forth above. If it is determined, determined by a court of competent jurisdiction, jurisdiction that the Company has dissolved prior to the occurrence of a Liquidating Event, the Members hereby agree to continue the business of the Company without a winding up or liquidation.

Liquidating Events. The Company shall dissolve and commence winding up and liquidating upon the first to occur of the following (“Liquidating Events”): (a) The sale of all or substantially all of the Propertyassets of the Company; (b) The unanimous consent of the Board; and (c) The unanimous written agreement of holders of a majority of the Voting Interests Percentage all Members to dissolve, wind up, and liquidate the Company; (c) The happening of any other event that makes it unlawful or impossible to carry on the business of the Company; or (d) An administrative dissolution or the entry of a decree of judicial dissolution of the Company under the Act. The Members hereby agree that the Company shall not dissolve prior to the occurrence of a Liquidating EventEvent and that no Member shall seek a dissolution of the Company, under Section 18802 of the Act or otherwise, other than based on the matters set forth above. If it is determined, determined by a court of competent jurisdiction, jurisdiction that the Company has dissolved prior to the occurrence of a Liquidating Event, the Members hereby agree to continue the business of the Company without a winding up or liquidation.

Liquidating Events. The Company shall dissolve and commence winding up and liquidating upon the first to occur of the following (“Liquidating Events”): (a) The sale of all or substantially all of the Propertyassets of the Company; (b) The unanimous consent of the Board; and (c) The unanimous written agreement of holders of a majority of all Members (other than the Voting Interests Percentage Plan Member) to dissolve, wind up, and liquidate the Company; (c) The happening of any other event that makes it unlawful or impossible to carry on the business of the Company; or (d) An administrative dissolution or the entry of a decree of judicial dissolution of the Company under the Act. The Members hereby agree that the Company shall not dissolve prior to the occurrence of a Liquidating EventEvent and that no Member shall seek a dissolution of the Company, under Section 18-802 of the Act or otherwise, other than based on the matters set forth above. If it is determined, determined by a court of competent jurisdiction, jurisdiction that the Company has dissolved prior to the occurrence of a Liquidating Event, the Members hereby agree to continue the business of the Company without a winding up or liquidation.