Disposition of Assets on Dissolution. Promptly after dissolution under Section 14.1, the Manager shall take all action necessary to wind up the activities of the Company, in accordance with Exhibit C. All costs and expenses incurred in connection with the dissolution of the Company shall be expenses chargeable to the Business Account.
Appears in 9 contracts
Samples: Members’ Agreement (Thunder Mountain Gold Inc), Joint Venture Agreement (Vista Gold Corp), Securities Purchase Agreement (American International Ventures Inc /De/)
Disposition of Assets on Dissolution. Promptly after dissolution under Section 14.1, the Manager shall take all action necessary to wind up the activities of the Company, in accordance with Exhibit C. All costs and expenses incurred in connection with the dissolution of the Company shall be expenses chargeable to the Business Account. Provided however, and not withstanding the provisions of Exhibit C, the Manager shall allocate, insofar as possible, all Non-Consent Property to the related Participating Member or Members.
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Disposition of Assets on Dissolution. Promptly after dissolution under Section 14.1, the Manager Company shall take all action necessary to wind up the its activities of the Company, in accordance with this Agreement and Exhibit C. E. All costs and expenses incurred in connection with the dissolution of the Company shall be expenses chargeable to the Business Account.
Appears in 1 contract
Samples: Operating Agreement (Golden Phoenix Minerals Inc /Mn/)
