Winding Up and Liquidation. 12.2.1 Upon the dissolution of the Company, the Managers or their designee shall wind up the Company’s affairs in accordance with the Delaware Act. In winding up the affairs of the Company, the Managers are authorized to take any and all actions contemplated by the Delaware Act as permissible, including, without limitation:
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Moody National REIT II, Inc.), Agreement and Plan of Merger (Moody National REIT I, Inc.), Termination Agreement (ZAIS Financial Corp.)
Winding Up and Liquidation. 12.2.1 Upon the dissolution of the Company, the Managers or their designee Member shall wind up the Company’s affairs in accordance with the Delaware Act. In winding up the affairs of the Company, the Managers are Member is authorized to take any and all actions contemplated by the Delaware Act as permissible, including, without limitation:
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Graphic Packaging International, LLC), Limited Liability Company Agreement (Equinox Trust)
Winding Up and Liquidation. 12.2.1 Upon the dissolution of the Company, the Managers or their designee shall wind up the Company’s 's affairs in accordance with the Delaware Act. In winding up the affairs of the Company, the Managers are authorized to take any and all actions contemplated by the Delaware Act as permissible, including, without limitation:
Appears in 2 contracts
Samples: Agreement and Plan of Merger (MVP REIT, Inc.), Agreement and Plan of Merger (MVP REIT II, Inc.)
