Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member or, in the event of the unavailability of the Managing Member or if the Managing Member shall so determine, such Member or other liquidating trustee as shall be named by the Managing Member.
Appears in 39 contracts
Samples: Limited Liability Company Agreement (TerraForm Power, Inc.), Limited Liability Company Agreement, Limited Liability Company Agreement (Ub Fuel Cell, LLC)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member Management Committee or, in the event of the unavailability of the Managing Member or if the Managing Member shall so determineManagement Committee, such Member or other liquidating trustee as shall be named by the Managing MemberManagement Committee.
Appears in 12 contracts
Samples: Limited Liability Company Agreement (Michael Foods Inc/New), Limited Liability Company Agreement (Michael Foods Inc/New), Limited Liability Company Agreement (Birds Eye Foods, Inc.)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member Board of Managers or, in the event of the unavailability of the Managing Member Board of Managers or if the Managing Member shall Board of Managers so determine, such Member or other liquidating trustee as shall be named by the Managing MemberBoard of Managers.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.), Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.), Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by or under the Managing Member direction of the Board or, in the event of the unavailability of the Managing Member or if the Managing Member shall so determineBoard, such Member or other liquidating trustee as shall be named by the Managing MemberBoard. A reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to enable the Unitholders to minimize the normal losses attendant upon a liquidation.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Valeritas Inc), Agreement and Plan of Merger and Reorganization (Valeritas Inc), Limited Liability Company Agreement (Valeritas Inc)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member or, in the event of the unavailability of the Managing Member or if the Managing Member shall so determine, such Member or other liquidating trustee as shall be named by the Managing Sole Member.
Appears in 4 contracts
Samples: Agreement and Plan of Merger, Limited Liability Company Agreement (SSP Beverage LLC), Agreement and Plan of Merger (Susser Holdings CORP)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member Management Committee or, in the event of the unavailability of the Managing Member or if the Managing Member shall so determineManagement Committee, such Member or other liquidating trustee as shall be named by the Managing MemberManagement Committee. A reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to enable the Members to minimize the normal losses attendant upon a liquidation.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Nortek Inc), Limited Liability Company Agreement (NTK Holdings, Inc.), Limited Liability Company Agreement (Nortek Inc)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member Board or, in the event of the unavailability of the Managing Member or if the Managing Member shall so determineBoard, such Member or other liquidating trustee as shall be named by the Managing MemberBoard. A reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to enable the Members to minimize the normal losses attendant upon a liquidation.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.), Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member or, in Manager. A reasonable time shall be allowed for the event orderly liquidation of the unavailability assets of the Managing Member or if Company and the Managing Member shall discharge of liabilities to creditors so determine, such Member or other liquidating trustee as shall be named by to enable the Managing MemberCompany to minimize the normal losses attendant upon a liquidation.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (AdaptHealth Corp.), Registration Rights Agreement (DFB Healthcare Acquisitions Corp.)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member or, in the event of the unavailability of the Managing Member acting in Good Faith or if the Managing Member shall so determine, such Member or other liquidating trustee as shall be named by the Managing Member.
Appears in 2 contracts
Samples: Equity Purchase Agreement (Hicks Acquisition CO II, Inc.), Equity Purchase Agreement (Paperweight Development Corp)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member Board of Managers or, in the event of the unavailability of the Managing Member Board of Managers acting in Good Faith or if the Managing Member Board of Managers shall so determine, such Member or other liquidating trustee as shall be named by the Managing MemberBoard of Managers.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (57th Street General Acquisition Corp), Limited Liability Company Agreement (57th Street General Acquisition Corp)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member Board of Managers or, in the event of the unavailability of the Managing Member or if the Managing Member shall so determineBoard of Managers, such Member or other liquidating trustee as shall be named by the Managing MemberBoard of Managers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Hawkeye Holdings, Inc.)
Actions Upon Dissolution. When the Company is dissolved, the business and property of the Company shall be wound up and liquidated by the Managing Member Management Committee or, in the event of the unavailability of the Managing Member Management Committee or if the Managing Member Management Committee shall so determine, such Member or other liquidating trustee as shall be named by the Managing MemberManagement Committee.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Vestar Capital Partners v L P)
