Common use of CONTROL OF WINDING UP Clause in Contracts

CONTROL OF WINDING UP. The winding up of the Partnership shall be conducted under the direction of the Partnership Governance Committee; provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution, the winding up shall be carried out in accordance with such decree.

Appears in 12 contracts

Sources: Limited Partnership Agreement (LyondellBasell F&F Holdco, LLC), Limited Partnership Agreement (Millennium Chemicals Inc), Limited Partnership Agreement (Millennium Chemicals Inc)

CONTROL OF WINDING UP. The winding up of the Partnership shall be --------------------- conducted under the direction of the Partnership Governance Committee; provided, -------- however, that if the dissolution is caused by entry of a decree of judicial ------- dissolution, the winding up shall be carried out in accordance with such decree.

Appears in 3 contracts

Sources: Limited Partnership Agreement (Equistar Chemicals Lp), Limited Partnership Agreement (Equistar Funding Corp), Limited Partnership Agreement (Lyondell Chemical Co)

CONTROL OF WINDING UP. The winding up of the Partnership shall --------------------- be conducted under the direction of the Partnership Governance CommitteeGeneral Partner; provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution, the winding up shall be carried out in accordance with such decree.

Appears in 1 contract

Sources: Limited Partnership Agreement (Lyondell Chemical Co)