Common use of Winding Up and Termination Clause in Contracts

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall act as as, or alternatively appoint, a liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall act as liquidatoras, or alternatively appoint, a liquidator (which shall be the “liquidating trustee” for purposes of the Act). The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Managing Member shall, or shall act designate another Person to, serve as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding winding-up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall act as liquidator. The liquidator shall Liquidator shall, under the supervision of the Management Committee, proceed diligently to wind up the affairs of the Company Partnership and make final distributions as provided herein and in the ActDRUPA. The costs of winding up shall be borne as a Company Partnership expense. Until final distribution, the liquidator shall continue to operate the Partnership properties with all of the power and authority of the Partners. The steps to be accomplished by the liquidator Liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Managing Member shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Board shall act as as, or alternatively appoint, a liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall act as liquidatoras, or alternatively appoint, a liquidator (who will be the “liquidating trustee” for purposes of the Act). The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (ac) On the occurrence of a Dissolution Event, the Members shall act as as, or alternatively appoint, a liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution EventEvent of the type described in Section 12.01(a)(i) or Section 12.01(a)(ii), the Members Board shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Class A Members shall act as liquidator or select a Person to act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution EventEvent of the type described in Section 13.1(a)(i) or Section 13.1(a)(ii), the Members Board shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution EventEvent of the type described in Section 13.01(a)(i) or Section 13.01(a)(ii), the Members Board shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall act as liquidatoras, or alternatively appoint, a liquidator (which shall be the “liquidating trustee” for purposes of the Act). The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding winding-up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Board shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Common Unitholders shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Manager shall, or shall act designate another Person to, serve as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding winding-up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall select one or more Persons to act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Delaware LLC Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Member shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The reasonable costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Member. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall act as liquidator. The liquidator shall Liquidator shall, under the supervision of the Management Committee, proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator Liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Operator shall act serve as liquidatorliquidator under the supervision of the Management Committee. The liquidator shall proceed diligently to wind up the affairs of the Company Partnership and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company Partnership expense. Until final distribution, the liquidator shall continue to operate the Partnership properties with all of the power and authority of the Partners. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Management Member shall act as appoint a liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne treated as a Company expenseExpense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:: Western Gas Holdings, LLC Limited Liability Company Agreement

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Operator shall act serve as liquidatorliquidator under the supervision of the General Partner. The liquidator shall proceed diligently to wind up the affairs of the Company Partnership and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company Partnership expense. Until final distribution, the liquidator shall continue to operate the Partnership properties with all of the power and authority of the Partners. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Board shall appoint a Person to act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a5) On the occurrence of a Dissolution Event, the Members shall act as as, or alternatively appoint, a liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. The steps to be accomplished by the liquidator are as follows:

Winding Up and Termination. (a) On the occurrence of a Dissolution Event, the Members Operator shall act serve as liquidatorliquidator under the supervision of the Management Committee. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows: