Dissolution and Cancellation. The Company may be dissolved only upon the earlier of the following: (a) expiration of the Company's term or (b) a decision in writing by at least two-thirds of the members to dissolve the Company; or (c) as otherwise provided in the Act. After the Company has completed winding up its affairs and upon the filing with the State of Delaware of a Certificate of Cancellation the Company shall cease to carry on its business.
Appears in 8 contracts
Samples: Operating Agreement (Great Plains Energy Inc), Operating Agreement (Dominion Resources Inc /Va/), Operating Agreement (Entergy Arkansas Inc)
Dissolution and Cancellation. The Company may be dissolved only upon the earlier of the following: (a) expiration of the Company's ’s term or (b) a decision in writing by at least two-thirds of the members to dissolve the Company; or (c) as otherwise provided in the Act. After the Company has completed winding up its affairs and upon the filing with the State of Delaware of a Certificate of Cancellation the Company shall cease to carry on its business.
Appears in 1 contract
