Common use of Application of Liquidation Proceeds Upon Dissolution Clause in Contracts

Application of Liquidation Proceeds Upon Dissolution. Following the occurrence of any Dissolution Event, the proceeds of liquidation and the other assets of the Company shall be applied as follows and in the following order of priority:

Appears in 12 contracts

Samples: Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (CNL Strategic Capital, LLC), Limited Liability Company Operating Agreement (Greenbacker Renewable Energy Co LLC)

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Application of Liquidation Proceeds Upon Dissolution. Following the occurrence of any Dissolution Event, the proceeds of liquidation and the other assets of the Company Partnership shall be applied as follows and in the following order of priority:

Appears in 1 contract

Samples: Icon Holdings Corp

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