Common use of Certificate of Termination Clause in Contracts

Certificate of Termination. When all debts, liabilities and obligations have been paid and discharged or adequate provisions have been made therefore and all of the remaining property and assets have been distributed to the Unit Holders, a certificate evidencing such termination may be executed and filed with the Secretary of State of Delaware in accordance with the Act.

Appears in 3 contracts

Samples: Agreement (White River Energy Corp.), Agreement (White River Energy Corp.), Agreement (White River Energy Corp.)

AutoNDA by SimpleDocs

Certificate of Termination. When all debts, liabilities and obligations have been paid and paid, discharged or barred or adequate provisions have been made therefore therefor and all of the remaining property and assets have been distributed to the Unit HoldersMembers, a certificate evidencing such termination Certificate of Termination may be executed and filed with the Secretary of State of Delaware in accordance with the Delaware Act.

Appears in 2 contracts

Samples: Operating Agreement (United Auto Group Inc), Operating Agreement (Uag Mentor Acquisition LLC)

AutoNDA by SimpleDocs

Certificate of Termination. When all debts, liabilities and obligations have been paid and paid, discharged or barred or adequate provisions have been made therefore therefor and all of the remaining property and assets have been distributed to the Unit HoldersMembers, a certificate evidencing such termination Certificate of Termination may be executed and filed with the Secretary of State of Delaware in accordance with the Delaware Act.. ARTICLE 12 MISCELLANEOUS PROVISIONS 12.1

Appears in 1 contract

Samples: Operating Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!