Common use of Accounting upon Dissolution and Termination Clause in Contracts

Accounting upon Dissolution and Termination. Upon the distribution of the assets of the Company in accordance with the provisions of Section 12.5 hereof, the Liquidating Trustee shall cause the Company's accountants to make a full and proper accounting of the assets, liabilities and operations of the Company, as of and through the date on which such distribution occurs.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Duke Energy Florida, Llc.), Operating Agreement (Duke Energy Progress, Llc.), Operating Agreement (Duke Energy Progress, Llc.)

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Accounting upon Dissolution and Termination. Upon the distribution of the assets of the Company in accordance with the provisions of Section 12.5 hereof, the Liquidating Trustee shall cause the Company's ’s accountants to make a full and proper accounting of the assets, liabilities and operations of the Company, as of and through the date on which such distribution occurs.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Duke Energy Indiana, LLC), Operating Agreement (Duke Power CO LLC)

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