Common use of Events of Dissolution Clause in Contracts

Events of Dissolution. The Company will dissolve upon the first to occur of: (1) the effectiveness of a determination by the Member that such dissolution shall occur; (2) any event that makes the Company ineligible to conduct its activities as a limited liability company under the Act; or (3) any event or circumstance that makes it unlawful or impossible for the Company to carry on its business.

Events of Dissolution. The Company will dissolve upon the first of the following to occur of: occur: (1a) the effectiveness sale or other disposition of a determination by all or substantially all the Member that such dissolution shall occur; assets of the Company; (2b) any event that makes the Company ineligible to conduct its activities as a limited liability company under the Act; or or (3c) any event or circumstance that makes it unlawful or impossible for the Company to carry on its businessotherwise by operation of applicable law.

Events of Dissolution. The Company will dissolve and its affairs will be wound up upon the first to occur ofof the following: (1a) the effectiveness approval or written consent of a determination by all the Member that such dissolution shall occur; (2) any event that makes the Company ineligible to conduct its activities as a limited liability company under the ActMembers; or (3b) any event the sale, exchange or circumstance that makes it unlawful or impossible for other disposition by the Company to carry on its businessof all or substantially all of the Company’s assets.

Events of Dissolution. The Company will dissolve upon shall be dissolved on the first to occur ofof the following events: (1) the effectiveness 9.1.1 The occurrence of a determination by the Member that such dissolution shall occur; (2) any an event that makes the Company ineligible to conduct its activities as a limited liability company under the Act; or (3) any event or circumstance that makes it unlawful or impossible for the Company to carry on its the business of the Company; 9.1.2 The sale of all of the Company’s assets or the Company’s business.;

Events of Dissolution. The Company will dissolve upon the first of the following to occur of: occur: (1a) the effectiveness sale or other disposition of a determination by all or substantially all the Member that such dissolution shall occur; assets of the Company; (2b) any event that makes the Company ineligible to conduct its activities as a limited liability company under the Act; or or (3c) any event or circumstance that makes it unlawful or impossible for the Company to carry on its business.otherwise by operation of applicable law. LIMITED LIABILITY COMPANY OPERATING AGREEMENT PFG Fund V, LLC

Events of Dissolution. (a) Enumeration. The Company will dissolve upon the first to occur of: (1) the effectiveness vote of a determination by the Member that such dissolution shall occurMembers to dissolve the Company; (2) any event that makes the Company ineligible to conduct its activities as a limited liability company under the Act; or (3) any event or circumstance that makes it unlawful or impossible for the Company to carry on its business.

Events of Dissolution. The Company will dissolve shall experience an Event of Dissolution upon the first of the following to occur of:occur. (1) the effectiveness vote of a determination by the Member that such dissolution shall occurMembers to dissolve the Company with the approval of Members whose aggregate Membership Interest exceeds fifty percent (50%); (2) any event that makes the Company ineligible to conduct its activities as a limited liability company under the ActAct or the Code; or (3) any event or circumstance that makes it unlawful or impossible for the Company to carry on its business.