Events of Dissolution. Notwithstanding any provision of the Act to the contrary, the Company shall only be dissolved within sixty (60) days after the occurrence of any of the following events (each an “Event of Dissolution”), unless within said sixty (60) day period the Sole Member agrees in writing to continue the Company: (a) the written agreement to dissolve the Company of the Sole Member; (b) when the Company is declared bankrupt; (c) the sale or other disposition of all or substantially all the assets of the Company; or (d) the entry of a decree of judicial dissolution of the Company.
Appears in 30 contracts
Sources: Operating Agreement (Sabra Phoenix TRS Venture, LLC), Operating Agreement (Sabra Phoenix TRS Venture, LLC), Limited Liability Company Agreement (Sabra Phoenix TRS Venture, LLC)
Events of Dissolution. Notwithstanding any provision of the Act to the contrary, the Company shall only be dissolved within sixty (60) days after the occurrence of any of the following events (each an “Event of Dissolution”), unless within said sixty (60) day period the Sole Member agrees in writing to continue the Company:
(a) the written agreement resolution of the Sole Member to dissolve the Company of the Sole MemberCompany;
(b) when the Company is declared bankrupt;
(c) the sale or other disposition of all or substantially all the assets of the Company; or
(d) the entry of a decree of judicial dissolution of the Company.
Appears in 9 contracts
Sources: Operating Agreement (Sabra Ohio, LLC), Operating Agreement (Sabra Ohio, LLC), Operating Agreement (Sabra Ohio, LLC)
Events of Dissolution. Notwithstanding any provision of the Act to the contrary, the The Company shall only be dissolved within sixty (60) days after the occurrence of any of the following events (each an a “Event of DissolutionDissolution Event”), unless within said sixty (60) day period the Sole Member agrees holders of at least two-thirds of the issued and outstanding Units agree in writing to continue the Company:
(a) the written agreement to dissolve the Company of the Sole Member;
(b) when the Company is declared bankrupt;
(c) the sale or other disposition of all or substantially all the assets of the Company; or
(d) the entry of a decree of judicial dissolution of the Company.
Appears in 3 contracts
Sources: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Events of Dissolution. Notwithstanding any provision of the Act to the contrary, the Company shall only be dissolved within sixty (60) days after the occurrence of any of the following events (each an “"Event of Dissolution”"), unless within said sixty (60) day period the Sole Member Members agrees in writing to continue the Company:
(a) the written agreement to dissolve the Company of the Sole MemberMembers;
(b) when the Company is declared bankrupt;
(c) the sale or other disposition of all or substantially all the assets of the Company; or
(d) the entry of a decree of judicial dissolution of the Company.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Brooks Pharmacy, Inc.)
Events of Dissolution. Notwithstanding any provision of the Act to the contrary, the The Company shall only be dissolved within sixty (60) days after the occurrence of any of the following events (each an a “Event of DissolutionDissolution Event”), unless within said sixty (60) day period the Sole Member agrees holders of at least two-thirds of the issued and outstanding Units agree in writing to continue the Company:
(a) the written agreement to dissolve the Company of the Sole Memberholders of at least two-thirds of the Units;
(b) when the Company is declared bankruptpursuant to a voluntary or involuntary bankruptcy petition;
(c) the sale or other disposition of all or substantially all of the assets of the Company; or
(d) the entry of a decree of judicial dissolution of the Company.
Appears in 1 contract
Sources: Limited Liability Company Agreement
Events of Dissolution. Notwithstanding any provision of the Act to the contrary, the Company shall only be dissolved within sixty (60) days after the occurrence of any of the following events (each an “Event of Dissolution”)events, unless within said sixty (60) day period the Sole Member agrees in writing to continue the Company:Company (each an "EVENT OF DISSOLUTION"):
(a) the written agreement to dissolve the Company of the Sole Member;
(b) when the Company is declared bankrupt;
(cb) the sale or other disposition of all or substantially all of the assets of the Company; or
(dc) the entry of a decree of judicial dissolution of the Company.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Sanford Recycling & Transfer, Inc.)