Liquidation Procedures. Upon termination of the Company pursuant to Article 5, the affairs of the Company shall be wound up and the Company shall be dissolved. As part of the winding up of the Company, a proper accounting shall be made of the net profit or net loss of the Company from the date of the last previous accounting to the date of termination.
Appears in 6 contracts
Samples: Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland Real Estate Corp)
Liquidation Procedures. Upon termination of the Company pursuant to Article 54, the affairs of the Company shall be wound up and the Company shall be dissolved. As part of the winding up of the Company, a proper accounting shall be made of the net profit or net loss of the Company from the date of the last previous accounting to the date of termination.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Inland Retail Real Estate Trust Inc)
Liquidation Procedures. Upon termination of the Company pursuant to Article 5Company, the Company’s affairs of the Company shall will be wound up and the Company shall will be dissolved. As part of the winding up of the Company, a A proper accounting shall will be made of the net profit or net loss of the Company from the date of the last previous accounting to the date of termination.
Appears in 1 contract
