Cash Distributions Upon Dissolution. Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.01, the Board of Directors shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, shall be applied and distributed in the following order of priority:
Appears in 20 contracts
Samples: Limited Liability Company Agreement (ICG Knott County, LLC), Limited Liability Company Agreement (ICG Knott County, LLC), Limited Liability Company Agreement (ICG Knott County, LLC)
Cash Distributions Upon Dissolution. Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.01, the Board of Directors Managers shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, shall be applied and distributed in the following order of priority:
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Catenary Coal Holdings Inc), Limited Liability Company Agreement (Catenary Coal Holdings Inc), Limited Liability Company Agreement (ICG Knott County, LLC)
Cash Distributions Upon Dissolution. Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.0110.1, the Board of Directors Management Committee shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, any cash and proceeds therefrom shall be applied and distributed in the following order of priority:
Appears in 6 contracts
Samples: Operating Agreement (Greenmarine Acquisition Corp), Operating Agreement (Chiles Magellan LLC), Operating Agreement (Chiles Offshore LLC)
Cash Distributions Upon Dissolution. Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.01, the Board of Directors Member shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, shall be applied and distributed in the following order of priority:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (ICG Knott County, LLC), Limited Liability Company Agreement (ICG Knott County, LLC), Limited Liability Company Agreement (ICG Knott County, LLC)
Cash Distributions Upon Dissolution. Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.019.1, the Board of Directors Managers shall proceed to wind up the affairs of and liquidate the Company Company, and the liquidation proceeds, if any, Liquidation Proceeds shall be applied and distributed in the following order of priority:
Appears in 2 contracts
Samples: Operating Agreement (Show Me Ethanol, LLC), Operating Agreement (Show Me Ethanol, LLC)
Cash Distributions Upon Dissolution. (a) Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.01Subsection 7.1, the Board of Directors Manager(s) shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, proceeds shall be applied and distributed in the following order of priority:
Appears in 1 contract
Samples: Operating Agreement (Gta-Ib, LLC)
Cash Distributions Upon Dissolution. Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.016.1, the Board of Directors Managers shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, proceeds shall be applied and distributed in the following order of priority:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Arch Development, LLC)
Cash Distributions Upon Dissolution. Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.019.1, the Board of Directors Managers shall proceed to wind up the affairs of and liquidate the Company Company, and the liquidation proceeds, if any, Liquidation Proceeds shall be applied and distributed in the following order of priority, subject to Section 9.4 below:
Appears in 1 contract
Cash Distributions Upon Dissolution. Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.019.1, the Board of Directors Managers shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, Liquidation Proceeds shall be applied and distributed in the following order of priority:
Appears in 1 contract
Cash Distributions Upon Dissolution. (a) Upon the dissolution of the Company as a result of the ofthe occurrence of any of the events set forth in Section 8.019.1, the Board of Directors Managing Partner shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, proceeds shall be applied and distributed in the following order of priorityofpriority:
Appears in 1 contract
Samples: Operating Agreement
Cash Distributions Upon Dissolution. (a) Upon the dissolution of the Company as a result of the occurrence of any of the events set forth in Section 8.019.1, the Board of Directors Managing Partner shall proceed to wind up the affairs of and liquidate the Company and the liquidation proceeds, if any, proceeds shall be applied and distributed in the following order of priority:
Appears in 1 contract
Samples: Operating Agreement
