Term and Dissolution of the Fund Sample Clauses

Term and Dissolution of the Fund. Section 4.01 Term of the Fund. 2 Section 4.02 Dissolution of the Fund 2 Section 4.03 Procedure on Winding Up. 3
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Term and Dissolution of the Fund. 20 SECTION 7.1. Term................................................................................................... 20 SECTION 7.2. Events Not Causing Dissolution......................................................................... 20
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Term and Dissolution of the Fund. (a) Unless sooner dissolved pursuant to the provisions hereof, including without limitation Section 2.9 and the other provisions of this Section 11.1, the Fund shall continue until the later of (i) the date that is ten (10) years after the final date on which a Subsequent Closing may occur pursuant to Section 4.1 or (ii) the date that is two (2) years after all Outstanding Leverage has matured and been satisfied in full, subject to being extended in accordance with this Section or sooner dissolved in accordance with this Section or by operation of law (including without limitation pursuant to the North Carolina Act).
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Term and Dissolution of the Fund. 68 18.1 Term. 68 18.2 Dissolution. 68 18.3 Procedure Prior to Dissolution. 69 18.4 No Returns of Capital. 69 18.5 No Request for Dissolution by Limited Partners. 70 18.6 Termination of Agreement on Dissolution. 70
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Term and Dissolution of the Fund to decide when and how property of the Fund should be distributed to the Partners and the amount of any such distribution;
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Term and Dissolution of the Fund. Term. The term of the Fund commenced on the Initial Closing Date and the Fund will continue, unless the Fund is sooner dissolved in accordance with this Agreement, until the [tenth]153 anniversary of the Initial Closing Date, provided that, unless the Fund is sooner dissolved in accordance with this Agreement, the term of the Fund may be extended by the General Partner for up to [two] successive periods of [one] year[, with (i) the first such extension requiring the prior written consent of the LP Advisory Committee, and (ii) the second such extension requiring the prior written consent of a Majority in Interest] (such term, including any such extensions, being referred to as the "Term").
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Term and Dissolution of the Fund 
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Related to Term and Dissolution of the Fund

  • Term and Dissolution (a) The term of the Partnership shall continue in full force and effect until December 31, 2039, except that the Partnership shall be dissolved upon the first to occur of any of the following events:

  • Duration and Dissolution The Partnership shall be dissolved and its affairs shall be wound up upon the first to occur of the following:

  • Termination and Dissolution of the contract

  • 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.

  • Procedure for Winding Up and Dissolution If the Company is dissolved, the affairs of the Company shall be wound up. On winding up of the Company, the assets of the Company shall be distributed, first, to creditors of the Company in satisfaction of the liabilities of the Company, and then to the person(s) who is/are the Member(s) of the Company in proportion to the Member’s(s’) Interests.

  • Dissolution of the Partnership The Partnership shall be dissolved upon the happening of any of the following:

  • Mergers and Dissolutions (a) Enter into a transaction of merger or consolidation, except that:

  • Dissolution of the Company The Company shall be dissolved upon the happening of any of the following events, whichever shall first occur:

  • Continuation of the Business of the Partnership After Dissolution Upon (a) dissolution of the Partnership following an Event of Withdrawal caused by the withdrawal or removal of the General Partner as provided in Section 11.1(a)(i) or (iii) and the failure of the Partners to select a successor to such Departing General Partner pursuant to Section 11.1 or Section 11.2, then, to the maximum extent permitted by law, within 90 days thereafter, or (b) dissolution of the Partnership upon an event constituting an Event of Withdrawal as defined in Section 11.1(a)(iv), (v) or (vi), then, to the maximum extent permitted by law, within 180 days thereafter, the holders of a Unit Majority may elect to continue the business of the Partnership on the same terms and conditions set forth in this Agreement by appointing as a successor General Partner a Person approved by the holders of a Unit Majority. Unless such an election is made within the applicable time period as set forth above, the Partnership shall conduct only activities necessary to wind up its affairs. If such an election is so made, then:

  • Dissolution Termination and Liquidation 30 Section 8.1. Dissolution and Termination 30 Section 8.2. Liquidator 30 Section 8.3. Liquidation of the Company 31 Section 8.4. Cancellation of Certificate of Formation 32 Section 8.5. Return of Contributions 32 Section 8.6. Waiver of Partition 32 ARTICLE IX AMENDMENT OF AGREEMENT 32 Section 9.1. General 32 Section 9.2. Super-Majority Amendments 33 Section 9.3. Amendments to be Adopted Solely by the Manager 33 Section 9.4. Certain Amendment Requirements 34

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