Common use of Procedure for Winding Up and Dissolution Clause in Contracts

Procedure for Winding Up and Dissolution. (a) If the Company is dissolved, the Board shall wind up its affairs. On the winding up of the affairs of the Company, the assets of the Company shall be distributed in the following order of priority:

Appears in 6 contracts

Samples: Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.), Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.), Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.)

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Procedure for Winding Up and Dissolution. (a) If the Company is dissolved, the Board Manager shall wind up its affairs. On the winding up of the affairs of the Company, the assets of the Company shall be distributed in the following order of priority:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Dolan Media CO)

Procedure for Winding Up and Dissolution. (a) If the Company is dissolved, the Board remaining Members shall wind up its affairs. On the winding up of the affairs of the Company, the assets of the Company shall be distributed in the following order of priority:

Appears in 1 contract

Samples: Operating Agreement

Procedure for Winding Up and Dissolution. (a) 1. If the Company is dissolved, the Board Manager shall wind up its affairs. On the winding up of the affairs of the Company, the assets of the Company shall be distributed in the following order of priority:

Appears in 1 contract

Samples: Operating Agreement (Dolan Media CO)

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Procedure for Winding Up and Dissolution. (a) If the Company is dissolved, the Board shall wind up its affairs. On the winding up of the affairs of the Company, whether subsequent to a Sale of the Company or otherwise, the assets of the Company shall be distributed in the following order of priority:

Appears in 1 contract

Samples: Limited Liability Company Agreement

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