Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member or to a Successor or Successors.
Appears in 44 contracts
Samples: Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.)
Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member or to a Successor or SuccessorsMember.
Appears in 35 contracts
Samples: Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.)
Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member or to a Successor or Successors.
Appears in 5 contracts
Samples: Operating Agreement (Ruth's Chris Steak House Texas, L.P.), Operating Agreement (HSI IP, Inc.), Operating Agreement (Rebuild Miami-Edgewater, LLC)
Liquidation and Dissolution. If the Company is liquidateddissolved, the assets of the Company shall be distributed to the Member or Members in proportion to a Successor its or Successorstheir Membership Interests after satisfaction of the creditors of the Company in accordance with applicable law.
Appears in 3 contracts
Samples: Operating Agreement (Inland Diversified Real Estate Trust, Inc.), Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland American Real Estate Trust, Inc.)
Liquidation and Dissolution. If the Company is liquidated, the The net assets of the Company shall be distributed to the Member or to a Successor or SuccessorsMembers upon dissolution of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Pepco Holdings LLC), Limited Liability Company Agreement (Exelon Generation Co LLC), Limited Liability Company Agreement (Exelon Generation Co LLC)
Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member or to a Successor or Successors.. SECTION V
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Liquidation and Dissolution. (a) If the Company is liquidated, the assets of the Company shall be distributed to the Member Members in accordance with the balances in their respective Positive Capital Accounts, after taking into account the allocations of Profit or to a Successor or SuccessorsLoss, if any.
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Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed disturbed to the Member or to a Successor or Successors.
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Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member Members or to a Successor or SuccessorsSuccessors in accordance with the Code and Treasury Regulations.
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Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Sole Member or to a Successor one or more Successors.
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