Common use of Responsibility for Winding Up Clause in Contracts

Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 12, the Manager may wind up the Company’s affairs; however, any competent court, upon cause shown, may wind up the Company’s affairs upon application of a legal representative or assignee of the Manager and, in connection therewith, may appoint a liquidating trustee.

Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 12Company, the Manager may wind up the Company’s affairs; however, any competent court, upon cause shown, may wind up the Company’s affairs upon application of a legal representative or assignee of the Manager andMember, and in connection therewith, therewith may appoint a liquidating trustee.

Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 12, the Manager Member may wind up the Company’s affairs; however, any competent court, upon cause shown, may wind up the Company’s affairs upon application of a legal representative or assignee of the Manager andMember, and in connection therewith, therewith may appoint a liquidating trustee.

Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 12, the Manager may wind up the Company’s affairs; however, any competent court, upon cause shown, may wind up the Company’s affairs upon application of a legal representative or assignee of the Manager andManager, and in connection therewith, therewith may appoint a liquidating trustee.

Responsibility for Winding Up. Upon dissolution of the Company pursuant to Section 1213, the Manager Member may wind up the Company’s affairs; however, any competent court, upon cause shown, may wind up the Company’s affairs upon application of a legal representative or assignee of the Manager andMember, and in connection therewith, therewith may appoint a liquidating trustee.