Common use of CONTROL OF WINDING UP Clause in Contracts

CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"); provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d), the winding up shall be carried out in accordance with such decree.

Appears in 16 contracts

Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC), Limited Liability Company Operating Agreement (Delta Energy Center, LLC)

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CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"); provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d5.1(b), the winding up shall be carried out in accordance with such decree.

Appears in 6 contracts

Samples: Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC), Operating Agreement (Delta Energy Center, LLC)

CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"“Liquidator”); provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d), the winding up shall be carried out in accordance with such decree.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement (NRG Retail LLC), Operating Agreement (NRG Retail LLC), Operating Agreement (NRG Retail LLC)

CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"); provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d5.1 (d), the winding up shall be carried out in accordance with such decree.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC), Limited Liability Company Operating Agreement (Delta Energy Center, LLC), Limited Liability Company Operating Agreement (Delta Energy Center, LLC)

CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"“Liquidator”); provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d7.1(b), the winding up shall be carried out in accordance with such decree.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Calpine Corp), Limited Liability Company Operating Agreement (Calpine Corp)

CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"); provided, however, that any Member who caused the dissolution of the Company in contravention of this Agreement (and any Directors appointed by such Member) shall not participate in the control of the winding up of the Company and provided further, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d8.2(c), the winding up shall be carried out in accordance with such decree.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC)

CONTROL OF WINDING UP. The winding up of the Company shall Shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"); provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d), the winding up shall be carried out in accordance with such decree.

Appears in 1 contract

Samples: Operating Agreement (Delta Energy Center, LLC)

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CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"); provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d5.l(d), the winding up shall be carried out in accordance with such decree.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC)

CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"); provided, however, that if the dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d), the winding up shall be carried out in accordance with such decree.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC)

CONTROL OF WINDING UP. The winding up of the Company shall be conducted under the direction of the Board (the Board in such capacity hereinafter referred to as the "LIQUIDATOR"); provided, however, that if the die dissolution is caused by entry of a decree of judicial dissolution pursuant to Section 5.1(d), the fee winding up shall be carried earned out in accordance with such decree.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Delta Energy Center, LLC)

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