Common use of Dissolution Termination and Winding Up Clause in Contracts

Dissolution Termination and Winding Up. Section 16.01 The Joint Venture shall be terminated on the happening of any of the following events: (a) The conclusion of the term of the Joint Venture as set forth in this Agreement; (b) The withdrawal, retirement, or expulsion of any Venturer; (c) The death, disability, or bankruptcy of any Venturer; or (d) The unanimous agreement of the Venturers.

Appears in 2 contracts

Sources: Joint Venture Agreement, Joint Venture Agreement (Emgold Mining Corp)