Common use of CONTINUATION OF COMPANY Clause in Contracts

CONTINUATION OF COMPANY. In the event of an occurrence described in Section 1.04(c), if there is at least one remaining Member, the remaining Member has the right to continue the business of the Company. The remaining Member’s successor, assignee, or transferee may continue the business of the Company, provided the successor, assignee, or transferee consents to the continuation in writing and submits any necessary filings to the Arizona Corporations Commission.

CONTINUATION OF COMPANY. In the event of an occurrence described in Section 1.04(c), if there is at least one remaining Member, the remaining Member has the right to continue the business of the Company, pursuant to Section 29-3703 of the Act. The remaining Member’s successor, assignee, or transferee may continue the business of the Company, provided the successor, assignee, or transferee consents to the continuation in writing and submits any necessary filings to the Arizona Corporations Commission.

CONTINUATION OF COMPANY. In the event of an occurrence described in Section 1.04(c)1.04, if there is at least one remaining Member, the remaining Member has the right to continue the business of the Company, pursuant to Section 29-3703 of the Act. The remaining Member’s successor, assignee, or transferee may continue the business of the Company, provided the successor, assignee, or transferee consents to the continuation in writing and submits any necessary filings to the Arizona Corporations Commission.