Common use of Winding Up and Certificate of Dissolution Clause in Contracts

Winding Up and Certificate of Dissolution. The winding up of the Partnership will be completed when all debts, liabilities and obligations of the Partnership have been paid and discharged or reasonably adequate provision therefore has been made, and all of the remaining property and assets of the Partnership have been distributed. Upon the completion of winding up of the Partnership, the Managing General Partner shall make all filings necessary to terminate the existence of the Partnership.

Appears in 1 contract

Sources: Partnership Agreement (Iac Capital Trust)

Winding Up and Certificate of Dissolution. The winding up of the Partnership will be completed when all debts, liabilities and obligations of the Partnership have been paid and discharged or reasonably adequate provision therefore has been made, and all of the remaining property and assets of the Partnership have been distributed. Upon distributed by the completion of winding up of the Partnership, the Managing General Partner shall make all filings necessary to terminate the existence of the Partnership.Board of

Appears in 1 contract

Sources: Partnership Agreement (Iac Capital Trust)

Winding Up and Certificate of Dissolution. The winding up of the Partnership will be completed when all debts, liabilities and obligations of the Partnership have been paid and discharged or reasonably adequate provision therefore therefor has been made, and all of the remaining property and assets of the Partnership have been distributed. distributed by the Board of Directors Upon the completion of winding up of the Partnership, the Managing General Partner Board of Directors shall make all filings necessary to terminate the existence of the Partnership.

Appears in 1 contract

Sources: Partnership Agreement (Iac Capital Trust)