Common use of Business May Be Continued Clause in Contracts

Business May Be Continued. Except as provided in paragraph 16.01(b) of this Agreement: (a) an event that requires the winding up of the Company's business shall not terminate the Company if, no later than one year after the date of the event, the Members unanimously consent to cancel the event requiring winding up. (b) the expiration of a period of duration that requires the winding up of the Company's business shall not terminate the Company if, no later than three years after the date the period of duration expires, the Members unanimously consent to amend the Company's Certificate of Formation and this Agreement to extend the Company's period of duration.

Business May Be Continued. Except as provided in paragraph 16.01(b) of this Agreement: (a) an event that requires the winding up of the Company's ’s business shall not terminate the Company if, no later than one year after the date of the event, the Members unanimously consent to cancel the event requiring winding up. (b) the expiration of a period of duration that requires the winding up of the Company's ’s business shall not terminate the Company if, no later than three years after the date the period of duration expires, the Members unanimously consent to amend the Company's ’s Certificate of Formation and this Agreement to extend the Company's ’s period of duration.

Business May Be Continued. Except as provided in paragraph 16.01(b) of this Agreement: (a) an event that requires the winding up of the Company's ’s business shall not terminate the Company if, no later than one year after the date of the event, the Members unanimously consent to cancel the event requiring winding up. (b) the expiration of a period of duration that requires the winding up of the Company's ’s business shall not terminate the Company if, no later than three years after the date the period of duration expires, the Members unanimously consent to amend the Company's Certificate ’s Articles of Formation Organization and this Agreement to extend the Company's ’s period of duration.