Common use of Liquidation and Dissolution Clause in Contracts

Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member or to a Successor or Successors.

Appears in 46 contracts

Sources: Operating Agreement, Operating Agreement, Operating Agreement (Trestle Transport, Inc.)

Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member or to a Successor or SuccessorsMember.

Appears in 35 contracts

Sources: Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.)

Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member or to a Successor or Successors.

Appears in 5 contracts

Sources: Operating Agreement (Rebuild Miami-Edgewater, LLC), Operating Agreement (Ruth's Chris Steak House Texas, L.P.), Operating Agreement (HSI IP, Inc.)

Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed disturbed to the Member or to a Successor or Successors.

Appears in 1 contract

Sources: Operating Agreement (Trestle Transport, Inc.)

Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Sole Member or to a Successor one or more Successors.

Appears in 1 contract

Sources: Operating Agreement (BioExpress, LLC)

Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member Owner or to a Successor or Successors.

Appears in 1 contract

Sources: Operating Agreement (Redi-Mix, LLC)

Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member Members or to a Successor or SuccessorsSuccessors in accordance with the Code and Treasury Regulations.

Appears in 1 contract

Sources: Operating Agreement (Trestle Transport, Inc.)