Time for Liquidation. A reasonable amount of time shall be allowed for the orderly winding up of the Company and the payment or reasonable provision for the payment of all claims and obligations of the Company.
Appears in 4 contracts
Sources: Limited Liability Company Agreement (Finance of America Companies Inc.), Limited Liability Company Agreement (Finance of America Companies Inc.), Limited Liability Company Agreement (Finance of America Companies Inc.)
Time for Liquidation. A reasonable amount of time shall will be allowed for the orderly winding up of the business of the Company and the payment or reasonable provision liquidation of its assets and the discharge of its liabilities to creditors so as to enable the Managers to minimize the normal losses attendant upon a liquidation, having due regard to the activity and condition of the relevant markets for the payment of all claims Company properties and obligations of the Companygeneral financial and economic conditions.
Appears in 1 contract
Sources: Operating Agreement