Common use of Effect of Dissolution Clause in Contracts

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted by the Act.

Appears in 12 contracts

Sources: Limited Liability Company Agreement (Matterport, Inc./De), Limited Liability Company Agreement (EQRx, Inc.), Limited Liability Company Agreement (Velodyne Lidar, Inc.)

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted by Section 18-803 of the Act.

Appears in 8 contracts

Sources: Operating Agreement, Operating Agreement (Bluerock Residential Growth REIT, Inc.), Operating Agreement (Bluerock Residential Growth REIT, Inc.)

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its any business, except as permitted by Section 18-803 of the Act.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.), Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted required by the Actlaw.

Appears in 1 contract

Sources: Operating Agreement

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, except as permitted by Sections 803 and 804 of the Act.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Glimcher Realty Trust)