Dissolution Events. The Company shall dissolve only upon the first to occur of any of the following events: (i) approval of the Member to dissolve the Company; or (ii) the entry of a decree of judicial dissolution under the Act.
Appears in 6 contracts
Sources: Operating Agreement (RedCo Group, Inc.), Operating Agreement (RedCo Group, Inc.), Limited Liability Company Operating Agreement (RedCo Group, Inc.)
Dissolution Events. The Company shall dissolve only will be dissolved upon the first to occur happening of any either of the following events: :
(ia) approval of the The Member elects to dissolve the Company; or or
(iib) the The entry of a decree of judicial dissolution under the Act.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Benefit Holding, Inc.), Limited Liability Company Agreement (Benefit Holding, Inc.), Limited Liability Company Agreement (Benefit Holding, Inc.)
Dissolution Events. The Company shall dissolve only upon the first to occur of any of the following events: (ia) approval of the sole Member to dissolve the Company; or (iib) the entry of a decree of judicial dissolution under the ActAct Section 18-802.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (Newsprint Ventures, Inc.)
Dissolution Events. The Company shall dissolve only dissolve, and its affairs shall be wound up, upon the first to occur of any the following: (a) the written direction of the following events: (i) approval of the Member to dissolve the Company; Member, or (iib) the entry of a decree of judicial dissolution under Section 18-802 of the Act.
Appears in 1 contract
Sources: Operating Agreement (Cornell Real Estate Holdings, LLC)
Dissolution Events. The Company shall dissolve only be dissolved; upon the first to of occur of any of the following events: :
(ia) approval The unanimous vote of the Member Members to dissolve the Companydissolve; or or
(iib) Upon the entry of a decree of judicial dissolution under the Actby a court of competent jurisdiction.
Appears in 1 contract
Dissolution Events. The Company will be dissolved and its affairs shall dissolve only be wound up upon the first to occur of any of the following events: following:
(ia) approval of the Member Members’ unanimous agreement to dissolve dissolve;
(b) the Company; arbitrator’s or arbitration committee’s, pursuant to Section 6.3(f), decision to dissolve;
(iic) the entry of a decree of judicial dissolution under Section 801(d) of the Act; or
(d) the sale, exchange or disposition of all or substantially all of the assets of the Company.
Appears in 1 contract
Dissolution Events. The Company shall dissolve only dissolve, dispose of its assets, and wind up its affairs upon the first to occur of any the following (each, a “Dissolution Event”): (a) the Member’s written consent, (b) the date upon which there is a general assignment of the following events: (i) approval assets of the Member to dissolve Company for the Company; benefit of creditors or the Company shall be adjudicated bankrupt, or (iic) the entry of a decree of judicial dissolution under the Act.
Appears in 1 contract
Dissolution Events. The Company shall dissolve only and commence winding up and liquidating upon the first to occur of any of the following events: Dissolution Events:
(ia) approval The sale of all or substantially all of the Member Property;
(b) The vote of the Members to dissolve dissolve, wind up, and liquidate the Company;
(c) The happening of any other event that makes it unlawful, impossible, or impractical to carry on the business of the Company; or (ii) the entry of a decree of judicial dissolution under the Act.or
Appears in 1 contract
Sources: Appendices
Dissolution Events. The Company shall dissolve only upon and its affairs shall be wound up on the first to occur of any the following (each, a “Dissolution Event”):
(a) a majority vote of the following events: (i) approval Board and unanimous consent of the Member Members to dissolve the CompanyCompany in accordance with the Act; or or
(iib) the entry of a decree of judicial dissolution of the Company under the Act.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (Duke Energy Indiana, LLC)
Dissolution Events. The Company shall dissolve only be dissolved upon the first to of occur of any of the following events: :
(ia) approval The unanimous vote of the Member Members to dissolve the Companydissolve; or or
(iib) Upon the entry of a decree of judicial dissolution under the Actby a court of competent jurisdiction.
Appears in 1 contract
Dissolution Events. The Company shall dissolve only upon be dissolved, its assets shall be disposed of, and its affairs wound up on the first to occur of any of the following events: following:
(i) approval of the Member to dissolve the Company; or (iia) the entry of a decree of judicial dissolution under dissolution;
(b) the Actvote or approval of the Members;
(c) the sale of all or substantially all of assets of the Company.
Appears in 1 contract
Sources: Operating Agreement