Termination of Company. The Company shall terminate when all assets of the Company, after payment of or due provision for all Liabilities of the Company, shall have been distributed to the Members in the manner provided for in this Agreement, and the Certificate of Formation shall have been canceled in the manner provided by the Delaware Act.
Appears in 14 contracts
Samples: Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP)
Termination of Company. The Company shall terminate when all assets of the Company, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Agreement, and the Certificate of Formation shall have been canceled in the manner provided by the Delaware Act.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Marathon Oil Corp), Limited Liability Company Agreement (Marathon Oil Corp), Limited Liability Company Agreement (Ashland Inc)
Termination of Company. The Company shall terminate when all assets of the Company, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this AgreementArticle X, and the Certificate of Formation shall have been canceled in the manner provided required by the Delaware Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Molten Metal Technology Inc /De/), Limited Liability Company Agreement (Molten Metal Technology Inc /De/)
Termination of Company. The Company shall terminate ----------------------- when all assets of the Company, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Agreement, and the Certificate of Formation shall have been canceled in the manner provided by the Delaware Act.
Appears in 1 contract
Samples: Usx Corp
Termination of Company. The Upon the completion of the liquidation of the Company and the distribution of the proceeds thereof, the Company's affairs shall terminate when and the Managing Directors shall cause to be filed with the Secretary of State of the State of Delaware a certificate of cancellation in accordance with the Act, as well as any and all assets other documents required to effectuate the termination of the Company, after payment of or due provision for all Liabilities of the Company, shall have been distributed to the Members in the manner provided for in this Agreement, and the Certificate of Formation shall have been canceled in the manner provided by the Delaware Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Sandalwood Lodging Investment Corp)
Termination of Company. The Company shall terminate when all assets of the Company, after payment of or due provision for all Liabilities debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this LLC Agreement, and the Certificate of Formation shall have been canceled in the manner provided by the Delaware Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Teppco Partners Lp)
