Common use of Continuation of the Company Clause in Contracts

Continuation of the Company. The Company shall not be dissolved upon the occurrence of any event that is deemed to terminate the continued membership of a Member, but rather the Company shall continue without dissolution, and its affairs shall not be required to be wound up.

Appears in 41 contracts

Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Highwater Ethanol LLC)

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Continuation of the Company. The Company shall not be dissolved upon the occurrence of any event that which is deemed to terminate the continued membership of a Member, but rather the Company shall continue without dissolution, and its . The Company’s affairs shall not be required to be wound up. The Company shall continue without dissolution.

Appears in 23 contracts

Samples: Operating Agreement, Operating Agreement (Comstock Mining Inc.), Member Control Agreement (Granite Falls Energy, LLC)

Continuation of the Company. The Company shall not be dissolved upon the occurrence of any event that is deemed to terminate the continued membership of a Member, but rather the Company shall continue without dissolution, and its . The Company’s affairs shall not be required to be wound up. The Company shall continue without dissolution.

Appears in 21 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement (Advanced BioEnergy, LLC)

Continuation of the Company. The Company shall not be dissolved upon the occurrence of any event that is deemed to terminate the continued membership of a Member, but rather the Company shall continue without dissolution, and its . The Company's affairs shall not be required to be wound up. The Company shall continue without dissolution.

Appears in 7 contracts

Samples: Operating Agreement (Cardinal Ethanol LLC), Operating Agreement (Cardinal Ethanol LLC), Operating Agreement

Continuation of the Company. The Company shall not be dissolved upon the occurrence of any event that which is deemed to terminate the continued membership of a Member, but rather the Company shall continue without dissolution, and its . The Company's affairs shall not be required to be wound up. The Company shall continue without dissolution.

Appears in 6 contracts

Samples: Operating Agreement, Operating Agreement (Golden Grain Energy), Operating Agreement (Little Sioux Corn Processors LLC)

Continuation of the Company. The Company shall not be dissolved upon the occurrence of an Event of Disassociation or any other event that which is deemed to terminate the continued membership of a Member, but rather the Company shall continue without dissolution, and its . The Company's affairs shall not be required to be wound up. The Company shall continue without dissolution.

Appears in 4 contracts

Samples: Operating Agreement (Minnesota Corn Processors LLC), Operating Agreement (Minnesota Corn Processors LLC), Operating Agreement (Minnesota Corn Processors LLC)

Continuation of the Company. The Company shall not be dissolved upon the occurrence of any event that which is deemed to terminate the continued membership Interest of a Member, but rather the Company shall continue without dissolution, and its Unit Holder. The Company’s affairs shall not be required to be wound up. The Company shall continue without dissolution.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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Continuation of the Company. The Company shall not be dissolved upon and is not required to be wound up by reason of the occurrence of any an event that is deemed to terminate terminates the continued membership of a Member, but rather Member in the Company shall continue without dissolution, and its affairs shall not be if there is at least the minimum number of Members required to be wound upunder the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (American Crystal Sugar Co /Mn/)

Continuation of the Company. The Company shall not be dissolved upon the occurrence of any event that is deemed to terminate the continued membership of a Member, but rather the Company shall continue without dissolution, and its affairs shall not be required to be wound up.

Appears in 1 contract

Samples: Operating Agreement (Siouxland Renewable Holdings, LLC)

Continuation of the Company. The Company shall not be dissolved upon the occurrence of any event that is deemed to terminate the continued membership of a Member. In such event, but rather the Company shall continue without dissolution, and its Company’s affairs shall not be required to be wound upup and the Company shall continue without dissolution.

Appears in 1 contract

Samples: Operating Agreement

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