Dissolution and Termination definition

Dissolution and Termination shall be deemed to have occurred upon the earlier of the adoption of a plan of liquidation by the Manager and the Members in accordance with this Agreement or the effective date of dissolution in accordance with the Act.
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Examples of Dissolution and Termination in a sentence

  • Upon the Dissolution and Termination of the Company caused by other than the termination of the Company under Section 708(b)(1)(B) of the Code, the Manager shall proceed to wind up the affairs of the Company.

  • Dissolution and Termination of Trust or Class of Shares 17 Section 3.

  • See "Business Activities - Hospital Contracts" and "Risk Factors - Competition." Loss on Dissolution and Termination.

  • Dissolution and Termination of Trust or Class of Shares 19 Section 3.

  • See "Business Activities - Hospital Contracts"and "Risk Factors - Competition." Loss on Dissolution and Termination.

  • On or before June 30, 2018, Borrowers shall provide Lender with evidence that Helios has been liquidated with any and all assets of Helios being distributed to one or more of the Borrowers and that Borrowers have filed with the State of Minnesota a Notice of Dissolution and Articles of Dissolution and Termination.

  • Under circumstances requiring a return of any Capital Contributions from the Company, no Member has the right to receive property other than cash except as specifically set forth in Section 5.5 (Tax Distributions) and Article XI (Dissolution and Termination).

  • Section 8.1 Dissolution and Termination of Trust..................................................

  • SECTION 8.01 Dissolution and Termination of Trust.......................

  • Section 9.2 Dissolution and Termination of Trust, Series or Class.