Time to Dissolve Sample Clauses
The "Time to Dissolve" clause establishes the specific period or conditions under which a partnership, company, or agreement may be formally dissolved. Typically, this clause outlines the exact date, event, or timeframe that triggers dissolution, such as the expiration of a set term, completion of a project, or mutual agreement among parties. By clearly defining when dissolution can occur, this clause provides certainty and helps prevent disputes about the appropriate timing for ending the business relationship or contract.
Time to Dissolve. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to minimize the normal losses attendant upon such liquidation. Each of the Partners during the course of winding up the Partnership affairs and dissolution shall be furnished with a statement prepared by the General Partners which shall set forth the assets and liabilities of the Partnership as of the date of the termination of the Partnership.
Time to Dissolve. A reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to minimize the normal losses attendant upon such liquidation. Each of the Members during the course of winding up the Company affairs and dissolution shall be finished with a statement prepared by the Members which shall set forth assets and liabilities of the Company as of the date of the termination of the Company.
Time to Dissolve. 29 ---------------- 9.07. Date of Termination......................................... 29 ------------------- 9.
Time to Dissolve. A reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to minimize the normal losses attendant upon such liquidation. representatives, successors, transferees and assigns. This Section 10.05 does not supersede or modify the provisions of Article Nine of this Agreement.