Common use of Judicial Dissolution Clause in Contracts

Judicial Dissolution. The Company will be dissolved upon the entry of a decree of judicial dissolution by a court of competent jurisdiction. After dissolution, the Company shall conduct only activities necessary to wind up its affairs.

Appears in 1 contract

Sources: Operating Agreement (Common Dwelling Fund, LLC)

Judicial Dissolution. The Company will be dissolved upon the entry of a decree of judicial dissolution by a court of competent jurisdiction. After dissolution, the Company shall may only conduct only activities necessary to wind up its affairs.

Appears in 1 contract

Sources: Operating Agreement

Judicial Dissolution. The Company LLC will be dissolved upon the entry of a decree of judicial dissolution by a court of competent jurisdiction. After dissolution, the Company shall LLC may only conduct only activities necessary to wind up its affairs.

Appears in 1 contract

Sources: Operating Agreement