Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the "Liquidator"). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49
Appears in 1 contract
Samples: Limited Liability Company Agreement (Good Hemp, Inc.)
Liquidator. The BoardBoard of Members, or, if or an independent third party appointed by the Board is unable to do so, a Person selected by the holders of a majority of the Common UnitsMembers, shall act as liquidator to wind up the Company (the "“Liquidator"”). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Axiall Corp/De/)
Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the "Liquidator"), unless the Company is being dissolved pursuant to Section 11.01(b) or Section 11.01(c) based on the Bankruptcy or a breach by a Member, in which case the Liquidator shall be the non-breaching Member. The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49Exhibit 10.38
Appears in 1 contract
Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the "“Liquidator"”). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)
Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of Common Requisite Members and the Common UnitsPreferred Requisite Members, shall act as liquidator to wind up the Company (the "“Liquidator"”). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Capstone Green Energy Holdings, Inc.)
Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the "Liquidator"). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Scio Diamond Technology Corp)
Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the "“Liquidator"”). The Liquidator shall have full power and authority to sell, assign, assign and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ATN International, Inc.)
Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the "“Liquidator"”). The Liquidator shall have full power and authority to sell, assignassign , and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.)
Liquidator. The BoardBoard of Managers, or, if the Board is unable to do so, a or another Person selected by the holders Board of a majority of the Common UnitsManagers, shall act as liquidator to wind up the Company (the "“Liquidator"”). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.)
Liquidator. The Board, or, if the Board is unable to do so, a A Person selected by the holders of a majority of Board (which may, with Board approval, be the Common UnitsAdministrative Agent), acting at the Board’s direction, shall act as liquidator to wind up the Company (the "“Liquidator"”). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Great Elm Capital Corp.)
Liquidator. The Subject to Section 8.10(dd), the Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the "“Liquidator"”). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall will act as liquidator to wind up the Company (the "“Liquidator"”), unless the Board designates another Person to act as Liquidator. The Liquidator shall will have full power and authority to sell, assign, and encumber any or all of the Company's ’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner. 49.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NeoGames S.A.)