Filing of Articles of Dissolution. When all obligations of the Company have been discharged or adequate provisions have been made therefore, and all of the remaining property and assets of the Company have been distributed, the Board of Managers shall file Articles of Dissolution with the Secretary of State as required by the Act. If there is no Board of Managers, the Articles of Dissolution shall be filed by the Members; if there are no remaining Members, the Articles of Dissolution shall be filed by the last Person to be a Member; if there are no remaining Members, or a Person who last was a Member, the Articles of Dissolution shall be filed by the legal or personal representatives of the Person who last was a Member. Upon the filing of the Articles of Dissolution with the Secretary of State, the existence of the Company shall cease, except for the purpose of suits, other proceedings, and appropriate action as provided in the Act.
Appears in 7 contracts
Sources: Operating Agreement (Columbia Care MD LLC), Operating Agreement (Columbia Care MD LLC), Operating Agreement (Launch Pad LLC)
Filing of Articles of Dissolution. When all obligations of the Company have been discharged or adequate provisions have been made therefore, and all of the remaining property and assets of the Company have been distributed, the Board of Managers shall file Articles of Dissolution with the Secretary of State as required by the Act. If there is are no Board of Managers, the Articles of Dissolution shall be filed by the Members; if there are no remaining Members, the Articles of Dissolution shall be filed by the last Person to be a Member; if there are no remaining Members, or a Person who last was a Member, the Articles of Dissolution shall be filed by the legal or personal representatives of the Person who last was a Member. Upon the filing of the Articles of Dissolution with the Secretary of State, the existence of the Company shall cease, except for the purpose of suits, other proceedings, proceedings and appropriate action as provided in the Act.
Appears in 4 contracts
Sources: Operating Agreement (Columbia Care MD LLC), Operating Agreement (Launch Pad LLC), Operating Agreement (Launch Pad LLC)
Filing of Articles of Dissolution. When all obligations of the Company have been discharged or adequate provisions have been made therefore, and all of the remaining property and assets of the Company have been distributed, the Board of Managers Manager shall file Articles of Dissolution or similar documents with the Secretary of State as required by the Act. If there is are no Board of Managers, the Articles of Dissolution shall be filed by the Members; if there are no remaining Members, the Articles of Dissolution shall be filed by the last Person to be a Member; if there are no remaining Members, or a Person who last was a Member, the Articles of Dissolution shall be filed by the legal or personal representatives of the Person who last was a Member. Upon the filing of the Articles of Dissolution with the Secretary of State, the existence of the Company shall cease, except for the purpose of suits, other proceedings, and appropriate action as provided in the Act.
Appears in 2 contracts
Sources: Operating Agreement (Columbia Care MD LLC), Operating Agreement (Launch Pad LLC)