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Common use of Application of Assets Clause in Contracts

Application of Assets. In the case of a dissolution of the Company, the Company's assets shall be applied as follows:

Appears in 30 contracts

Sources: Limited Liability Company Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC)

Application of Assets. In the case of a dissolution of the Company, the Company's ’s assets shall be applied as follows:

Appears in 5 contracts

Sources: Limited Liability Company Agreement (Fulcrum Bioenergy Inc), Limited Liability Company Operating Agreement (NRG Retail LLC), Limited Liability Company Operating Agreement (NRG Retail LLC)

Related Clauses

  • Location of Assets
  • Protection of Assets
  • Distribution of Assets
  • Acquisition of Assets
  • Disposition of Assets

Parent Clauses

  • Procedures Upon Dissolution
  • Dissolution and Termination
  • Amendment of Independent Manager Definition
  • Subordinate Officers
  • Admission of Special Member

Sub-Clauses

  • CREDITORS
  • PARTNERS
  • Notices
  • Incorporation
  • Members
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