Common use of Termination of Company Clause in Contracts

Termination of Company. Upon the application and distribution of the proceeds of liquidation and the assets of the Company as provided in Section 11.3 hereof, the Company shall file its certificate of cancellation of the Certificate in accordance with the Act, whereupon the Company shall terminate. Upon cancellation of the Certificate in accordance with the Act, this Agreement shall terminate (other than the rights and obligations under Sections 3.5(b), 3.5(c), 6.5, 6.7, 8.1, 8.4(e), 9.2, 12.1, 12.3, 12.11 and 12.13 to 12.23).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Brookfield Retail Holdings LLC), Limited Liability Company Agreement (Brookfield Retail Holdings LLC)

AutoNDA by SimpleDocs

Termination of Company. Upon the application and distribution of the proceeds of liquidation and the assets of the Company as provided in Section 11.3 hereof, the Company shall file its certificate of cancellation of the Certificate in accordance with the Act, whereupon the Company shall terminate. Upon cancellation of the Certificate in accordance with the Act, this Agreement shall terminate (other than the rights and obligations under Sections 3.5(b3.2(b), 3.5(c3.2(c), 6.5, 6.7, 8.1, 8.4(e), 9.2, 12.1, 12.3, 12.11 12.10 and 12.13 12.12 to 12.2312.22).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Brookfield Asset Management Inc.), Limited Liability Company Agreement (Brookfield Asset Management Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.