Automatic Dissolution definition

Automatic Dissolution shall have the meaning as provided for in Clause 20.3.
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Examples of Automatic Dissolution in a sentence

  • No Automatic Dissolution Neither shall the death, retirement, resignation, bankruptcy, withdrawal or dissolution of a Member, nor shall the occurrence of any other event that results in a Member ceasing to be a Member of the Company, cause the Company to be dissolved or its affairs to be wound up; and, upon the occurrence of any such event, the Company shall continue without dissolution.

Related to Automatic Dissolution

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • Scheduled Dissolution Date means, in respect of each Series, the date specified as such in the applicable Final Terms;

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Dissolution Date means, as the case may be:

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;