Common use of Distribution of Assets Upon Dissolution Clause in Contracts

Distribution of Assets Upon Dissolution. Upon the dissolution of the Company, the assets of the Company shall be distributed to the Company’s creditors and the Member as required by the Act.

Appears in 14 contracts

Sources: Limited Liability Company Agreement (CIFC Member LLC), Limited Liability Company Agreement (CIFC Member LLC), Limited Liability Company Agreement (CIFC Member LLC)

Distribution of Assets Upon Dissolution. Upon the dissolution of the Company, the assets of the Company shall be distributed to the Company’s creditors and the Member as required by the the. Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement (CIFC Member LLC)