Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 12, the Manager may wind up the Company’s affairs; however, any competent court, upon cause shown, may wind up the Company’s affairs upon application of a legal representative or assignee of the Member, and in connection therewith may appoint a liquidating trustee.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Redbox Automated Retail, LLC), Limited Liability Company Agreement (Redbox Automated Retail, LLC), Limited Liability Company Agreement (Redbox Automated Retail, LLC)
Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 1214, the Manager may wind up the Company’s 's affairs; however, any competent courtbut the Court of Chancery, upon cause shown, may wind up the Company’s 's affairs upon application of a legal representative or assignee of the MemberManager, and in connection therewith may appoint a liquidating trusteeTrustee.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Ormat Funding Corp.), Limited Liability Company Agreement (Ormat Funding Corp.), Limited Liability Company Agreement (Ormat Funding Corp.)
Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 1213, the Manager may wind up the Company’s affairs; however, any competent courtbut the Court of Chancery, upon cause shown, may wind up the Company’s affairs upon application of a legal representative or assignee of the MemberManager, and in connection therewith may appoint a liquidating trusteeTrustee.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Armtec Countermeasures TNO Co.)
Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 1213, the Manager may wind up the Company’s 's affairs; however, any competent courtbut the Court of Chancery, upon cause shown, may wind up the Company’s 's affairs upon application of a legal representative or assignee of the MemberManager, and in connection therewith may appoint a liquidating trusteeTrustee.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Nevada Geothermal Power Inc)
