Articles of Cancellation Clause Samples

The Articles of Cancellation clause outlines the formal process for dissolving a business entity, such as a limited liability company or corporation. It typically requires the filing of specific documents with the appropriate state authority, confirming that the entity has met all legal obligations, such as settling debts and distributing remaining assets. This clause ensures that the dissolution is officially recognized, thereby terminating the entity’s legal existence and limiting future liabilities.
Articles of Cancellation. If the Company is dissolved, the Members shall promptly file a Certificate of Dissolution with the Ohio Secretary of State. If there are no Remaining Members, the Certificate shall be filed by the last Person to be a Member; if there are no Remaining Members, or a Person who last was a Member, the Certificate shall be filed by the legal or personal representatives of the Person who last was a Member.
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Articles of Cancellation. When all debts, liabilities and obligations have been paid and discharged or adequate provisions have been made therefor and all of the remaining property and assets have been distributed as provided in Section 10.3, Articles of Cancellation shall be executed and filed with the State of Maryland Department of Assessments and Taxation in accordance with Section 4A-909 of the Act.
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Articles of Cancellation. When all debts, liabilities, and obligations of the Company have been paid and discharged, or adequate provisions have been made therefor and all remaining property and assets of the Company have been distributed to the Member, Articles of Cancellation shall be prepared, executed, and filed in accordance with the Act.
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Articles of Cancellation. Upon the completion of the liquidation of the Company cash and property as provided in Section 13.2 hereof, the Company shall be terminated, articles of cancellation shall be filed with the SDAT and all qualifications of the Company as a foreign limited liability company or association in jurisdictions other than the State of Maryland shall be cancelled, and such other actions as may be necessary to terminate the Company shall be taken.
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Articles of Cancellation. 18 ARTICLE 14....................................................................19
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Articles of Cancellation. Upon the dissolution of the Company and the completion of the liquidation and winding up of the Company's affairs and business, the Liquidating Director shall (or if the Liquidating Director fails to act, then any Member may) prepare and file articles of cancellation with the office of the State Treasurer of the State of Nevada, as required by the Act. When such articles are filed, the Company's existence shall cease.
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Articles of Cancellation. Within ninety (90) days following the Dissolution of the Company and the commencement of winding up of its business, the Company will file Articles of Cancellation (to cancel the Articles) with the Department under the Act. At such time, the Company will also file an application for withdrawal of its Certificate of Authority in any jurisdiction where it is then qualified to do business.
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Articles of Cancellation. Upon the winding up of the Company and its termination, the Manager or liquidating trustee, as the case may be, shall cause the Articles to be canceled by filing a Articles of Cancellation with the Secretary of State of Michigan in accordance with the provisions of Section 3810 of the Michigan Act.
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Related to Articles of Cancellation

  • Certificate of Cancellation On completion of the winding up of the Company as provided herein and under the Act, the Members (or such other Person or Persons as the Act may require or permit) shall file a certificate of cancellation with the Secretary of State of the State of Delaware and take such other actions as may be necessary to terminate the existence of the Company. Upon the filing of such certificate of cancellation, the existence of the Company shall terminate, except as may be otherwise provided by the Act or by Applicable Law.

  • Notice of Cancellation Each insurance policy required above shall provide that coverage shall not be canceled, except with notice to City.

  • Effect of Cancellation If the Student cancels the housing agreement during a semester, the Student may remain in residence until the end of the semester the cancellation was given to UCF DHRL. The Student’s cancellation fees will be determined based on the date the Student’s written or electronically reproducible notice of cancellation is received by UCF DHRL Rent for the semester the cancellation is submitted to UCF DHRL will be based upon the date the Student vacates the residence facility in compliance with move out procedures. Notwithstanding anything in this agreement, the Student is always responsible for the greater of the pro rata rent for the semester of cancellation or the cancellation fee for that semester. Residents who cancel this agreement will not be given any preference as a current or prior resident when submitting applications for future residence with UCF DHRL.

  • Right of Cancellation (a) If the Subscriber is a consumer (i.e. a natural person acting for purposes outside of his/her trade or profession), the Subscriber may cancel an order for 14 days following receipt of order confirmation from SORACOM. The right of cancellation is invoked by sending an e-mail with "Cancellation" stated in the subject line to SORACOM within the period of 14 days. If the Subscriber intends to make use of the right of cancellation under this section, the Subscriber is also free to use the template in Schedule 2. (b) Notwithstanding section 3.6 (a), the Subscriber is obligated to pay the fees, including – but not limited to – user fees and subscription fees, for the days the subscription has been operating and active, if the Subscriber has requested and is granted access to the SORACOM Air Global Service or other services of SORACOM during the 14 days period under section 3.6 (a) above.

  • Articles of Dissolution Upon the dissolution and commencement of the winding up of the Company, the Member shall cause Articles of Dissolution to be executed on behalf of the Company and filed with the Secretary of State, and the Member shall execute, acknowledge and file any and all other instruments necessary or appropriate to reflect the dissolution of the Company.