Common use of Dissolving Events Clause in Contracts

Dissolving Events. This LLC shall be dissolved upon the occurrence of any one of the following events: (a) on the dissolution, termination, death or Bankruptcy of a Member unless all Members holding more than fifty percent (50 %) of the remaining Ownership Interests elect to continue the business within ninety (90) days after the occurrence of such event; (b) on the voluntary sale, condemnation or foreclosure of substantially all of the LLC property; (c) on the election to dissolve evidenced by the affirmative vote or written consent of all Members; or (d) on the expiration of the term of the LLC.

Dissolving Events. This LLC shall be dissolved upon the ------------------ occurrence of any one of the following events: (a) on the dissolution, termination, death or Bankruptcy of a Member unless all Members holding more than fifty percent (50 50%) of the remaining Ownership Interests elect to continue the business within ninety (90) days after the occurrence of such event; (b) on the voluntary sale, condemnation or foreclosure of all, substantially all of the LLC property;; or (c) on the election to dissolve evidenced by the affirmative vote or written consent of all Members; or (d) on the expiration of the term of the LLC.

Dissolving Events. This LLC shall be dissolved upon the occurrence of any one of the following events: (a) on the dissolution, termination, death or Bankruptcy bankruptcy of a Member unless all Members holding more than fifty one hundred percent (50 100%) of the remaining Ownership Interests elect to continue the business within ninety (90) days after the occurrence of such event; (b) on the voluntary sale, condemnation or foreclosure of all, or substantially all all, of the LLC propertyProperty; (c) on the election to dissolve evidenced by the affirmative vote or written consent of all Members; or (d) on the expiration of the term of the LLC.