Conditions of Dissolution. The company shall dissolve:
Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events:
A. Upon the entry of a decree of judicial dissolution pursuant to the Act; or
B. Upon the Member’s written statement of dissolution.
Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events:
Conditions of Dissolution. The Company shall dissolve upon the ------------------------- occurrence of any of the following events:
12.1.1 Upon the happening of any event of dissolution specified in the Certificate;
12.1.2 Upon the entry of a decree of judicial dissolution pursuant to Section 17351 of the Corporations Code;
12.1.3 Upon the vote of all of the Members which may only be taken if the Company has completed all remediation work which would be required to sell any Assets owned by the Company or Project LLC's as if such Assets were not environmentally impaired;
Conditions of Dissolution. The Company shall dissolve upon the ------------------------- occurrence of any of the following events:
7.1.1 Upon the entry of a decree of judicial dissolution;
7.1.2 Upon the vote of the sole Member (provided, however, that the Member may not vote to voluntarily dissolve the Company while the Option Agreement remains in effect);
7.1.3 Upon the sale of all or substantially all of the assets of the Company (which shall be subject to the approval of AI as provided in the Option Agreement); or
7.1.4 Upon the expiration of the Term (including any extension thereto, if applicable). No other event specified in the Act, or otherwise, shall cause the dissolution of the Company.
Conditions of Dissolution. The LLC shall be dissolved, its assets shall be disposed of, and its affairs wound up on the first to occur of the following:
(a) a determination by Members having an aggregate Percentage Interest greater than sixty-six and two-thirds percent (66 2/3%) that the LLC shall be dissolved and wound up;
(b) the sale of all or substantially all of the assets of the LLC;
(c) the entry of a decree of judicial dissolution by a court of competent jurisdiction providing for the dissolution of the LLC; or
(d) the occurrence of any other event which causes the dissolution of the LLC by operation of law.
Conditions of Dissolution. The LLC shall be dissolved, its assets shall be disposed of, and its affairs wound up on the first to occur of the following:
(a) a unanimous determination by the Members that the LLC shall be dissolved and wound up;
(b) 180 days following written notice by any Member to the other Member that it wishes the LLC to be dissolved and wound up;
(c) the Bankruptcy of a Member;
(d) as provided in Section 15.12;
(e) the sale of all or substantially all of the assets of the LLC;
(f) the entry of a decree of judicial dissolution by a court of competent jurisdiction providing for the dissolution of the LLC; or
(g) the occurrence of any other event which causes the dissolution of the LLC by operation of law.
Conditions of Dissolution. 16 9.2 ORDER OF PAYMENT OF LIABILITIES UPON DISSOLUTION................17 9.3 LIMITATIONS ON PAYMENTS MADE ON DISSOLUTION.....................17 9.4 LIQUIDATION.....................................................17 9.5
Conditions of Dissolution. The Company shall be dissolved, its ------------------------- assets shall be disposed of, and its affairs wound up on the first to occur of the following:
(a) the vote, consent or approval of a Majority in Interest of the Members at any time to dissolve the Company;
(b) the occurrence of a Dissolution Event, unless within ninety (90) days after the occurrence, the remaining Members (other than the Member as to which Dissolution Event occurred) consent to continue the Company;
(c) the Disposition of all of the property and assets of the Company;
(d) the entry of a decree of judicial dissolution under the Act; or
(e) the expiration of the term of existence of the Company.
Conditions of Dissolution. 21 10.2 Order of Payment of Liabilities Upon Dissolution .............................22 10.3 Limitations on Payments Made on Dissolution ..................................22 10.4 Liquidation. .................................................................22 10.5
