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: 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.