Dissolution of the Corporation Sample Clauses

Dissolution of the Corporation. Resolution for Dissolution Article 60 - Should, for any reason whatsoever, the dissolution and liquidation of the Bank become necessary, an Extraordinary General Assembly shall be convened to resolve upon the matter. Formalities to be carried out following the resolution to dissolve shall be governed by the provisions of the Turkish Commercial Code. Liquidation Officers

Dissolution of the Corporation. In the event of the dissolution of the Corporation at any time and for any reason, the Assembly shall determine the method of liquidation and shall name one or more liquidators, specifying their powers.

Dissolution of the Corporation. In the event of the total or partial liquidation or dissolution of the Corporation, whether voluntary or involuntary, the monies, securities, proceeds, rights or property received by the Trustee in respect of the Shares deposited under this Agreement shall be distributed among the record owners of the trust certificates issued in respect of such Shares in proportion to their interests, less the deductions as hereinbefore provided.

Dissolution of the Corporation. As soon as reasonably practicable after distribution of the shares of the New Small Cap pursuant to Section 1, all outstanding shares of the Corporation shall be redeemed in accordance with Maryland law and the Charter of the Corporation as soon as practicable thereafter, but in all events within six months after the distribution, the Corporation shall be dissolved, and any further actions shall be taken in connection therewith as required by applicable law.

Dissolution of the Corporation. The Council may be dissolved upon approval of the Corporate Board of Directors by a majority vote of the directors then in office at a duly called regular or special meeting of the Council at which a quorum is present. Sixty days’ prior notice shall be required of any meeting of the Corporate Board of Directors or the Council at which dissolution is to be considered, and a copy of such notice shall be transmitted to the President and Chief Executive Officer of National Headquarters. Such notice shall be sent by first class mail, email, facsimile, or other electronic means; shall include the date, time, and location of the meeting; shall state that the purpose or one of the purposes of the meeting is to consider dissolution of the Council; and shall contain or be accompanied by a copy or summary of a plan of dissolution. In the event that the Council no longer holds a charter from National Headquarters, regardless of whether such charter has lapsed, been revoked, or is otherwise no longer in effect, the Corporate Board of Directors and the remaining voting members, if any, shall immediately proceed to dissolve the corporation in accordance with its articles of incorporation, bylaws, and the laws of the Council’s state of incorporation. In the event of the dissolution or final liquidation of the Council, all liabilities and obligations of the Council must be paid, satisfied, and discharged, or adequate provision made, therefore. The process for the disposition of all remaining property and assets of the Council is set forth in the Charter Agreement, Sections 8 and 9. In the event that the Council disaffiliates from National Headquarters or merges with another entity as set forth in the Charter Agreement, Section 7(b.-d.), the process for voting on such matters will be the same as set forth in this Article XVI, first paragraph (whichever option is selected).

Dissolution of the Corporation. Within a reasonable time after the closing of the Reorganization, the Corporation shall terminate its operations. Subsequently, the Corporation shall be dissolved and shall execute and file articles of dissolution with the Iowa Secretary of State.

Dissolution of the Corporation. In the event of the dissolution or total or partial liquidation of the Corporation, whether voluntary or involuntary, the Trustee shall receive the moneys, securities, rights or property to which the holder of the Shares is entitled and shall distribute the same to the registered holders of the Voting Trust Certificates in accordance with the interest, as shown on the books of the Trustee, or the Trustee may in its discretion deposit such moneys, securities, rights or property with any bank or trust company doing business in New York, New York, with authority and instructions to distribute the same as above, and upon such deposit, all further obligations or liabilities of the Trustee in respect of such moneys, securities, rights or property so deposited shall cease.

Dissolution of the Corporation. Except as provided in the immediately preceding paragraph, the vote necessary to approve a particular corporate act as provided in this Code shall be deemed to refer only to stocks with voting rights.

Dissolution of the Corporation. In the event of the dissolution or ------------------------------ liquidation of the Corporation, whether voluntary or involuntary, or any other return of capital to the holders of securities of the Corporation, the Trustees shall receive the moneys, securities, rights or property to which the holders of the Restricted Securities held hereunder are entitled, and shall distribute the same among the registered holders of the Voting Trust Certificates ratably in accordance with their Beneficial Shares then outstanding, or the Trustees may in their discretion deposit such moneys, securities, rights or property with any bank or trust company doing business in the United States, with authority and instructions to distribute the same as above provided, and upon such deposit all further obligations or liabilities of the Trustees in respect of such moneys, securities, rights or property so deposited shall terminate.