Wind Down. In the event of dissolution, the Company shall conduct only such activities as are necessary to wind up its affairs (including the sale of the assets of the Company in an orderly manner), and the assets of the Company shall be applied in the manner, and in the order of priority, set forth in Section 18-804 of the Act.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Great Lakes Dredge & Dock CORP), Limited Liability Company Agreement (Great Lakes Dredge & Dock CORP), Limited Liability Company Agreement (Great Lakes Dredge & Dock CORP)
Wind Down. In the event of dissolution, the Company shall conduct only such activities as are necessary to wind up its affairs (including the sale of the assets of the Company in an orderly manner), and the assets of the Company shall be applied in the manner, and in the order of priority, set forth in Section 18-804 of the Delaware LLC Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Great Lakes Dredge & Dock CORP), Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc)
