Events Causing Dissolution. The Company shall be dissolved upon the first of the following events to occur: (a) December 31, 2056; (b) The written consent of all Members (Voting and Non-Voting) at any time to dissolve and wind up the affairs of the Company; (c) The death, retirement, resignation, expulsion, bankruptcy or dissolution of a Member or the occurrence of any other event that terminates the continued membership of a Member in the Company, unless there are at least two remaining Members and the business of the Company is continued by the consent of all remaining Members (Voting and Non-Voting) within 10 days following the occurrence of any such event; or (d) The occurrence of any other event that causes the dissolution of a limited liability company under the Act.
Appears in 11 contracts
Sources: Organization Agreement, Organization Agreement (Diversified Futures Trust I), Organization Agreement (Kenmar Global Trust)
Events Causing Dissolution. The Company shall be dissolved upon the first of the following events to occur:
(a) December 31, 20562054;
(b) The written consent of all Members (Voting and Non-Voting) at any time to dissolve and wind up the affairs of the Company;
(c) The death, retirement, resignation, expulsion, bankruptcy or dissolution of a Member or the occurrence of any other event that terminates the continued membership of a Member in the Company, unless there are at least two remaining Members and the business of the Company is continued by the consent of all remaining Members (Voting and Non-Voting) within 10 days following the occurrence of any such event; or
(d) The occurrence of any other event that causes the dissolution of a limited liability company under the Act.
Appears in 8 contracts
Sources: Organization Agreement (WMT III Series G/J Trading Vehicle LLC), Organization Agreement (World Monitor Trust III - Series G), Organization Agreement (World Monitor Trust III - Series H)
Events Causing Dissolution. The Company shall be dissolved upon the first of the following events to occur:
(a) December 31November 30, 20562054;
(b) The written consent of all Members (Voting and Non-Voting) at any time to dissolve and wind up the affairs of the Company;
(c) The death, retirement, resignation, expulsion, bankruptcy or dissolution of a Member or the occurrence of any other event that terminates the continued membership of a Member in the Company, unless there are at least two remaining Members and the business of the Company is continued by the consent of all remaining Members (Voting and Non-Voting) within 10 days following the occurrence of any such event; or
(d) The occurrence of any other event that causes the dissolution of a limited liability company under the Act.
Appears in 2 contracts
Sources: Organization Agreement (World Monitor Trust Ii Series F), Organization Agreement (World Monitor Trust Ii Series D)