Common use of Dissolution of the Series Clause in Contracts

Dissolution of the Series. (a) The Manager may effectuate the dissolution of the Series, without the consent of the Members, upon any of the following events: (i) the determination by the Manager, acting in its sole discretion; to dissolve the Series; (ii) the dissolution of the Company; (iii) the sale or other disposition of the Property held by such Series; or (iv) the entry of a decree of judicial termination under Section 18-215 of the Act. (b) Upon the dissolution of the Series as provided herein, the Series shall be wound up in the manner provided by Section 8.2.

Dissolution of the Series. (a) The Manager may effectuate the dissolution of the Series, without the consent of the Members, upon any of the following events: (i) the determination by the Manager, acting in its sole discretion; to dissolve the Series; (iii) the dissolution of the Company; (iiiii) the sale or other disposition of the Property held by such Series; or (iviii) the entry of a decree of judicial termination under Section 18-215 of the Act. (ba) Upon the dissolution of the Series as provided herein, the Series shall be wound up in the manner provided by Section 8.2.