Continuing Obligations Following Termination of the Company. The obligations in this Section 1 will survive the dissolution and termination of the Company pursuant to Article IX of the LLC Operating Agreement, for the remainder, if any, of the period specified in the first sentence of Section 1(b) above; provided that, with respect to any such period following the dissolution and termination of the Company, (i) the Manager, as part of its continuing obligations pursuant to Article IX of the LLC Operating Agreement, will be responsible for all obligations of both the Manager and the Company under this Section 1, and (ii) all files, books and records required pursuant to this Section 1 to be kept or maintained at the Company’s chief executive office will be kept or maintained by the Manager (on behalf the Company as so dissolved and terminated) at a location of the Manager or an Affiliate thereof in the United States having been notified reasonably in advance in writing to the Beneficiaries.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement, Private Owner Interest Sale and Assignment Agreement
Continuing Obligations Following Termination of the Company. The obligations in this Section 1 will survive the dissolution and termination of the Company pursuant to Article IX of the LLC Operating Agreement, for the remainder, if any, of the period specified in the first sentence of Section 1(b) above; provided that, with respect to any such period following the dissolution and termination of the Company, (i) the Manager, as part of its continuing obligations pursuant to Article IX of the LLC Operating Agreement, will be responsible for all obligations of both the Manager and the Company under this Section 1, and (ii) all files, books and records required pursuant to this Section 1 to be kept or maintained at the Company’s chief executive office will be kept or maintained by the Manager (on behalf the Company as so dissolved and terminated) at a location of the Manager or an Affiliate thereof in the United States having been notified reasonably in advance in writing to the Beneficiaries.Beneficiaries.
Appears in 1 contract
