Common use of Events Requiring Winding Up Clause in Contracts

Events Requiring Winding Up. The Company shall be wound up only on the first to occur of any one or more of the following: (a) written consent of the Required Members; (b) at such time as there is no Member remaining; (c) entry of a judicial order to wind up the Company; or (d) on notice from any Member to the other Members on or after the 90th day following the date on which all Manager have ceased to be a Manager, unless a new Manager has been appointed as provided in Section 4.1 (f).

Appears in 1 contract

Sources: Company Agreement (Basic ESA, Inc.)

Events Requiring Winding Up. The Company shall be wound up only on the first to occur of any one or more of the following: (a) written consent of the Required Members; (b) at such time as there is no Member remaining; (c) entry of a judicial order to wind up the Company; or (d) on notice from any Member to the other Members on or after the 90th day following the date on which all Manager have ceased Managing Member's ceasing to be a ManagerMember, unless a new Manager Managing Member has been appointed as provided in Section 4.1 (f4.1(e).

Appears in 1 contract

Sources: Company Agreement (Amen Properties Inc)

Events Requiring Winding Up. The Company shall be wound up only on the first to occur of any one or more of the following: (a) written consent of the Required Members; (b) at such time as there is no Member remaining; (c) entry of a judicial order to wind up the Company; or (d) on notice from any Member to the other Members on or after the 90th day following the date on which all Manager have ceased to be a Manager, unless a new Manager has been appointed as provided in Section 4.1 (f).

Appears in 1 contract

Sources: Company Agreement (Taylor Industries, LLC)