Common use of Order of Payment of Liabilities Upon Dissolution Clause in Contracts

Order of Payment of Liabilities Upon Dissolution. After ------------------------------------------------ determining that all the known debts and liabilities of the Company have been paid or adequately provided for, all remaining assets of the Company shall be distributed to the Member in accordance with the provisions of Article 6 hereof.

Appears in 4 contracts

Sources: Limited Liability Company Agreement (National Earth Products Inc), Limited Liability Company Agreement (National Earth Products Inc), Limited Liability Company Agreement (National Earth Products Inc)

Order of Payment of Liabilities Upon Dissolution. After determining ------------------------------------------------ determining that all the known debts and liabilities of the Company have been paid or adequately provided for, all remaining assets of the Company shall be distributed to the Member in accordance with the provisions of Article 6 hereof.

Appears in 1 contract

Sources: Limited Liability Company Agreement (National Earth Products Inc)