Common use of Certificate of Termination Clause in Contracts

Certificate of Termination. When all debts, liabilities and obligations have been paid and discharged or adequate provisions have been made therefore and all of the remaining property and assets have been distributed to the Members, a certificate evidencing such termination may (but shall not be required) be executed and filed with the Secretary of State of Florida in accordance with the Act.

Appears in 23 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement

Certificate of Termination. When all debts, liabilities liabilities, and obligations have been paid and discharged or adequate provisions have been made therefore and all of the remaining property and assets have been distributed to the Members, a certificate evidencing such termination may (but shall not be required) be executed and filed with the Secretary of State of Florida in accordance with the Act.

Appears in 1 contract

Sources: Operating Agreement

Certificate of Termination. When all debts, liabilities and obligations have been paid and discharged or adequate provisions have been made therefore and all of the remaining property and assets have been distributed to the Members, a certificate evidencing such termination may (but shall not be required) be executed and filed with the Secretary of State of Florida & Oregon in accordance with the Act.

Appears in 1 contract

Sources: Operating Agreement