Death or Dissolution. The dissolution, death, termination of existence, insolvency or business failure or suspension or cessation of business as usual of any Loan Party or any Other Obligor (or of any general partner of any Loan Party or any Other Obligor if it is a partnership);
Death or Dissolution. If Broker is not a corporation or partnership, this Agreement will terminate on the date of Broker's death. If Broker is a corporation or partnership, this Agreement will terminate on the date that the corporation or partnership is dissolved or otherwise judged by appropriate regulatory agencies to no longer be a legal entity.
Death or Dissolution. Death or dissolution of Debtor or of any guarantor or surety for Debtor" obligations hereunder.
Death or Dissolution. Upon the death or dissolution of a Member, the Company shall have the right and option, by written notice no later than three (3) months after the date of the death or dissolution, to purchase that deceased or dissolved Member's interest in the Company now owned or hereafter acquired. The purchase price for that interest shall be the average of the value established by two independent appraisers, with the representatives of the Selling Member and the Company each selecting and paying for one of the appraisers. The purchase price shall be paid in equal installments over a thirty six (36) month period.
Death or Dissolution. Guarantor dies, dissolves or liquidates, or the business of Guarantor is suspended or terminated for any reason.
Death or Dissolution. The death of Tenant if Tenant is an individual, or the dissolution or termination of Tenant if Tenant is an entity, trust or other organization; and
Death or Dissolution. (a) An individual’s membership in the Cooperative is deemed to be withdrawn on their date of death. By ordinary resolution, the board may deem a body corporate’s membership in the Cooperative to be withdrawn if that body corporate has commenced dissolution proceedings or is dissolved by its corporate regulator. Resignation or Retirement
Death or Dissolution. If Borrower shall cease to exist or is dissolved.
Death or Dissolution. If Borrower or any Guarantor shall die (if a natural person) or if Borrower or any Guarantor shall dissolve or terminate operations (if Borrower or any Guarantor is a corporation, partnership, limited liability company or other legal entity).
Death or Dissolution. This Agreement will be deemed to terminate as of the last day of the month in which the Consultant is dissolved or in which the death of Xxxxxxxx occurs. Following termination pursuant to this subsection 3(f), the Company shall not be obligated to make any further payments under this Agreement, except all accrued amounts due and owing to the Consultant pursuant to Section 2 above up to and including the effective date of termination and such other death benefits that Xxxxxxxx'x survivors may be entitled to under such plans, programs and policies maintained by the Company in respect of its senior officers and executives, if any, which amounts shall be paid by the Company to the estate or such beneficiaries as Xxxxxxxx may from time to time designate within sixty (60) days of death (or such shorter period as may be required by applicable law).
