Common use of Conditions of Dissolution Clause in Contracts

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.

Appears in 10 contracts

Samples: Operating Agreement (CityCenter Holdings, LLC), Operating Agreement (CityCenter Holdings, LLC), Operating Agreement (CityCenter Holdings, LLC)

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Conditions of Dissolution. The Company shall dissolve at such time or upon the occurrence of any of the following events: A. Upon (a) the sale or other disposition of all or substantially all the property and assets of Company; (b) the determination of a majority in Interest of the Members at any time to dissolve the Company; (c) the determination of the Managing Member that it is in the best interests of the Members to dissolve the Company; or (d) the entry of a decree of judicial dissolution pursuant to the Act; or B. Upon the Member’s written statement judgment of dissolution.

Appears in 6 contracts

Samples: Operating Agreement (Pedevco Corp), Operating Agreement (Pedevco Corp), Operating Agreement (Pedevco Corp)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (a) Upon the happening of any event of dissolution specified in the Articles; (b) Upon the entry of a decree of judicial dissolution pursuant to Section 17351 of the Act; or B. Upon the Member’s written statement of dissolution.Corporations Code;

Appears in 2 contracts

Samples: Subscription Agreement (Extra Space Storage Inc.), Subscription Agreement (Extra Space Storage Inc.)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. Upon (a) upon the entry of a decree of judicial dissolution pursuant to Section 17707.03 of the ActRULLCA; (b) a determination by the Member to dissolve the Company; (c) the bankruptcy or dissolution of the Member; or B. Upon (d) the Member’s written statement sale of dissolutionall or substantially all of the assets of the Company.

Appears in 2 contracts

Samples: Merger Agreement (Fulgent Genetics, Inc.), Merger Agreement (Fulgent Genetics, Inc.)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. Upon the happening of any event of dissolution specified in the Certificate; B. Upon the entry of a decree of judicial dissolution pursuant to the Act; or B. C. Upon the Member’s a written statement of dissolutiondissolution by the Members.

Appears in 2 contracts

Samples: Operating Agreement (MGP Finance Co-Issuer, Inc.), Operating Agreement (MGP Finance Co-Issuer, Inc.)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (a) Upon the happening of any event of dissolution specified in the Articles; (b) Upon the entry of a decree of judicial dissolution pursuant to Section 17351 of the ActCorporations Code; (c) Termination of the Company pursuant to Section 1.2 of this Agreement; or B. Upon (d) The sale of all or substantially all of the Member’s written statement assets of dissolutionthe Company.

Appears in 1 contract

Samples: Operating Agreement

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (a) Upon the entry of a decree of judicial dissolution pursuant to toss.18-802 of the Act; (b) Upon the occurrence of the withdrawal, resignation, bankruptcy or dissolution of the last remaining Member; or B. (c) Upon a resolution therefor passed with the Member’s written statement unanimous consent of dissolutionthe Board.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bond Products Depositor LLC)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (a) Upon the entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act; (b) Upon the occurrence of the withdrawal, resignation, bankruptcy or dissolution of the last remaining Member; or B. (c) Upon a resolution therefor passed by the Member’s written statement of dissolutionBoard.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Core Bond Products LLC)

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Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (i) Upon the happening of any event of dissolution specified in the Articles; (ii) Upon the entry of a decree of judicial dissolution pursuant to Section 17351 of the ActCorporations Code; or B. Upon (iii) The occurrence of a Dissolution Event and the Member’s written statement failure of dissolutionthe Remaining Members to consent in accordance with Section 7.1 to continue the business of the Company within ninety (90) days after the occurrence of such event.

Appears in 1 contract

Samples: Operating Agreement (Vans Inc)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (1) Upon the entry of a decree of judicial dissolution pursuant to the Act; (2) Upon the occurrence of the withdrawal, resignation, bankruptcy or dissolution of the Member (if it is the sole member) or the last remaining member (if there was more than one member); or B. (3) Upon written agreement of the Member’s written statement of dissolutionmembers if there is more than one member.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NXP Manufacturing (Thailand) Co., Ltd.)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (a) Upon the entry happening of a decree any event of judicial dissolution pursuant to specified in the Act; or B. Upon the Member’s written statement of dissolution.Certificate;

Appears in 1 contract

Samples: Operating Agreement (MGP Finance Co-Issuer, Inc.)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (a) Upon the happening of any event of dissolution specified in the Certificate; (b) Upon the entry of a decree of judicial dissolution pursuant to the Act; or B. (c) Upon the Member’s a written statement of dissolutiondissolution by the Members.

Appears in 1 contract

Samples: Operating Agreement (MGP Finance Co-Issuer, Inc.)

Conditions of Dissolution. The Company shall dissolve upon the occurrence of any of the following events: A. (a) Upon the entry happening of a decree any event of judicial dissolution pursuant to specified in the Articles or in the Act; (b) Upon the affirmative vote of the Member; or B. Upon (c) The sale of all or substantially all of the Member’s written statement assets of dissolutionthe Company.

Appears in 1 contract

Samples: Operating Agreement (River Medical Inc)

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