Common use of Termination of the Company Clause in Contracts

Termination of the Company. The Company shall terminate when all assets of the Company, after payment or due provision for all debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Article 10, and the Certificate shall have been canceled in the manner required by the Act.

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Natural Resource Partners Lp), Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Natural Resource Partners Lp)

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Termination of the Company. The Company shall terminate when all assets of the Company, after payment or due provision for all debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Article 109, and the Certificate of Formation of the Company shall have been canceled in the manner required by the Act.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Antero Midstream GP LP), Limited Liability Company Agreement (Antero Resources Midstream Management LLC), Limited Liability Company Agreement (Plains All American Pipeline Lp)

Termination of the Company. The Company shall terminate when all assets of the Company, after payment or due provision for all debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Article 10, and the Certificate of Formation of the Company shall have been canceled in the manner required by the Act.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp), Limited Liability Company Agreement (Paa Natural Gas Storage Lp), Limited Liability Company Agreement (Paa Natural Gas Storage Lp)

Termination of the Company. The separate legal existence of the Company shall terminate when all assets of the Company, after payment of or due provision for all debts, liabilities liabilities, and obligations of the Company, shall have been distributed to the Company Members in the manner provided for in this Article 10XVI, and the a Certificate of Cancellation shall have been canceled filed in the manner required by Section 18-203 of the Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

Termination of the Company. The Company shall terminate when all of the assets of the Company, after payment of or due provision for all debts, liabilities and obligations of the Company, shall have been distributed to the Members holders of Membership Units in the manner provided for in this Article 10XI, and the Certificate shall have has been canceled cancelled in the manner required by the Act.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Amyris, Inc.), Operating Agreement (Amyris, Inc.)

Termination of the Company. The separate legal existence of the Company shall terminate when all assets of the Company, after payment of or due provision for all debts, liabilities liabilities, and obligations of the Company, shall have been distributed to the Company Members in the manner provided for in this Article 10XVI, and the a Certificate of Cancellation shall have been canceled filed in the manner required by Section 18-203 of the Act.Act.β€Œ

Appears in 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement

Termination of the Company. The Company shall terminate when all assets of the Company, after payment or due provision for all debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Article 10IX, and the Certificate of Formation of the Company shall have been canceled in the manner required by the Act.. 9.5

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Plains Gp Holdings Lp), Limited Liability Company Agreement (Plains All American Pipeline Lp)

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Termination of the Company. The Company Company's existence shall terminate when all assets of the CompanyCompany Assets, after payment of or due provision for all debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Article 1015, and the Certificate of Formation shall have been canceled in the manner required by the Delaware Act.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cleco Corp), Limited Liability Company Agreement (Cleco Corp)

Termination of the Company. The Company shall terminate when all of the assets of the Company, after payment or due provision for all debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Article 10, XI and the Certificate of Formation shall have been canceled in the manner required by the Delaware Act.

Appears in 2 contracts

Samples: Implementation Agreement (Arch Coal Inc), Implementation Agreement (Peabody Energy Corp)

Termination of the Company. The Company shall terminate when all -------------------------- assets of the Company, after payment or due provision for all debts, liabilities and obligations of the Company, shall have been distributed to the Members in the manner provided for in this Article 10, and the Certificate shall have been ---------- canceled in the manner required by the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Plains All American Pipeline Lp)

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