Dissolution Date Sample Clauses

Dissolution Date. For purposes of section 9.1.2, the term “Dissolution Date” means December 31, 2021, except that (i) the Manager may extend the Dissolution Date to December 31, 2022 by giving notice to all of the Members no later than September 30, 2021; and (ii) having given such notice, the Manager may further extend the Dissolution Date to December 31, 2023 by giving notice to all of the Members no later than September 30, 2022.
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Dissolution Date. For purposes of section 9.1.2, the term “Dissolution Date” means the date that is five years from the first offering of securities, except that (i) the Manager may extend the Dissolution Date by up to twenty-four (24) months at its sole discretion.
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Dissolution Date. 2 ARTICLE III MEMBERS / MANAGERS..........................2
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Dissolution Date. The Company shall dissolve on December 31, 2016, unless sooner dissolved pursuant to this Agreement or pursuant to the provisions of the NYLLC Law.
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Dissolution Date. 24 13.4 FINAL ACCOUNTING; LIQUIDATING AGENT.......................................24 13.5 WINDING UP OF THE PARTNERSHIP.............................................24 13.6 CERTAIN POWERS AND RIGHTS OF THE LIQUIDATING AGENT........................24 13.7
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Dissolution Date. Dissolution of the Partnership shall be effective on the day on which the event occurs giving rise to dissolution (the "Dissolution Date"). Notwithstanding the foregoing, this agreement shall not terminate until the affairs of the Partnership have been wound-up and the assets of the Partnership have been distributed as provided in section 13.5. Section 9.7 shall survive any such dissolution and termination and continue in full force and effect indefinitely.
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Related to Dissolution Date

  • Dissolution, etc Wind up, liquidate or dissolve (voluntarily or involuntarily) or commence or suffer any proceedings seeking any such winding up, liquidation or dissolution, except in connection with a merger or consolidation permitted pursuant to Section 10.8.

  • Dissolution Event If there is a Dissolution Event before the termination of this Safe, the Investor will automatically be entitled (subject to the liquidation priority set forth in Section 1(d) below) to receive a portion of Proceeds equal to the Cash-Out Amount, due and payable to the Investor immediately prior to the consummation of the Dissolution Event.

  • Dissolution Winding Up (a) The Company shall be dissolved upon (i) the adoption of a plan of dissolution by the members or (ii) the occurrence of any event required to cause the dissolution of the Company under the Delaware Limited Liability Company Act.

  • Dissolution Winding Up Termination 27 8.1 Dissolution.......................................................................27 8.2

  • Dissolution Liquidation and Winding Up In the event of any voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Corporation (hereinafter referred to as a "Liquidation"), the holders of Participating Preferred Stock shall be entitled to receive the greater of (i) $1,000 per share, plus an amount equal to accrued and unpaid dividends and distributions thereon, whether or not declared, to the date of such payment and (ii) the aggregate amount per share equal to 1,000 times the aggregate amount to be distributed per share to holders of Common Stock (the "Participating Preferred Liquidation Preference"). In the event the Corporation shall at any time after the First Issuance declare or pay any dividend on the Common Stock payable in shares of Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock (by reclassification or otherwise than by payment of a dividend in shares of Common Stock) into a greater or lesser number of shares of Common Stock, then in each such case the aggregate amount to which holders of shares of Participating Preferred Stock were entitled immediately prior to such event under the preceding sentence shall be adjusted by multiplying such amount by a fraction the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

  • Dissolution, Liquidation (a) The Company shall dissolve, and its affairs shall be wound up upon the first to occur of the following: (i) the written consent of the Member or (ii) any other event or circumstance giving rise to the dissolution of the Company under Section 18-801 of the Act, unless the Company’s existence is continued pursuant to the Act.

  • Dissolution The Company shall be dissolved and its affairs shall be wound up on the first to occur of the following:

  • Dissolution and Winding Up The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the Member. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member.

  • Dissolution Events The Company will be dissolved upon the happening of any of the following events:

  • Dissolution Termination and Liquidation 30 Section 8.1. Dissolution and Termination 30 Section 8.2. Liquidator 30 Section 8.3. Liquidation of the Company 31 Section 8.4. Cancellation of Certificate of Formation 32 Section 8.5. Return of Contributions 32 Section 8.6. Waiver of Partition 32 ARTICLE IX AMENDMENT OF AGREEMENT 32 Section 9.1. General 32 Section 9.2. Super-Majority Amendments 33 Section 9.3. Amendments to be Adopted Solely by the Manager 33 Section 9.4. Certain Amendment Requirements 34

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