Winding Up and Certificate of Cancellation. The winding up of the Company shall be completed when all debts, liabilities and obligations of the Company have been paid and discharged or reasonably adequate provision therefor has been made, and all the remaining property of the Company has been distributed to the Members in accordance with the provisions of this Section 8. Upon the completion of winding up of the Company, a Certificate of Cancellation shall be filed with the Oklahoma Secretary of State.
Appears in 3 contracts
Sources: Operating Agreement (KonaTel, Inc.), Operating Agreement (KonaTel, Inc.), Operating Agreement (KonaTel, Inc.)