Dissolution and Liquidation. (Check One)
Dissolution and Liquidation. Section 12.1 Dissolution 84 Section 12.2 Continuation of the Business of the Partnership After Dissolution 84 Section 12.3 Liquidator 85 Section 12.4 Liquidation 85 Section 12.5 Cancellation of Certificate of Limited Partnership 86 Section 12.6 Return of Contributions 86 Section 12.7 Waiver of Partition 86 Section 12.8 Capital Account Restoration 86
Dissolution and Liquidation. 55 Section 13.1 Dissolution ............................................................ 55 Section 13.2
Dissolution and Liquidation. Single Member (Applies ONLY if Single-Member): The Company shall dissolve and its affairs shall be wound up on the first to occur of (i) At a time, or upon the occurrence of an event specified in the Articles of Organization or this Agreement. (ii) The determination by the Member that the Company shall be dissolved. Upon the death of the Member, the Company shall be dissolved. By separate written documentation, the Member shall designate and appoint the individual who will wind down the Company’s business and transfer or distribute the Member's Interests and Capital Account as designated by the Member or as may otherwise be required by law. Upon the disability of a Member, the Member may continue to act as Manager hereunder or appoint a person to so serve until the Member's Interests and Capital Account of the Member have been transferred or distributed. Multi-Member (Applies ONLY if Multi-Member): The Company shall terminate upon the occurrence of any of the following: (i) the election by the Member(s) to dissolve the Company made by the unanimous vote or consent of the Member(s); (ii) the occurrence of a Withdrawal Event with respect to a Member and the failure of the remaining Member(s) to elect to continue the business of the Company as provided for in this Agreement above; or (iii) any other event which pursuant to this Agreement, as the same may hereafter be amended, shall cause a termination of the Company. The liquidation of the Company shall be conducted and supervised by a person designated for such purposes by the affirmative vote or consent of Member(s) holding a majority of the Members’ Percentage Interests (the “Liquidating Agent”). The Liquidating Agent hereby is authorized and empowered to execute any and all documents and to take any and all actions necessary or desirable to effectuate the dissolution and liquidation of the Company in accordance with this Agreement. Promptly after the termination of the Company, the Liquidating Agent shall cause to be prepared and furnished to the Member(s) a statement setting forth the assets and liabilities of the Company as of the date of termination. The Liquidating Agent, to the extent practicable, shall liquidate the assets of the Company as promptly as possible, but in an orderly and businesslike manner so as not to involve undue sacrifice. The proceeds of sale and all other assets of the Company shall be applied and distributed in the following order of priority: (1) to the payment of the expenses ...
Dissolution and Liquidation. 41 14.1 Dissolution............................................................................................ 41 14.2 Continuation of Business of Partnership after Dissolution.................. 41 14.3 Liquidation............................................................................................ 42 14.4 Distribution in Kind.............................................................................. 43 14.5 Cancellation of Certificate of Limited Partnership............................... 43
Dissolution and Liquidation. The Partnership shall be dissolved, and its affairs shall be wound up as provided in Section 2.4.
Dissolution and Liquidation. Section 12.1 Dissolution 77 Section 12.2 Continuation of the Business of the Partnership After Dissolution 78 Section 12.3 Liquidator 79 Section 12.4 Liquidation 79 Section 12.5 Cancellation of Certificate of Limited Partnership 80 Section 12.6 Return of Contributions 80 Section 12.7 Waiver of Partition 80 Section 12.8 Capital Account Restoration 80 ARTICLE XIII AMENDMENT OF PARTNERSHIP AGREEMENT; MEETINGS; RECORD DATE Section 13.1 Amendments to be Adopted Solely by the General Partner 81 Section 13.2 Amendment Procedures 82 Section 13.3 Amendment Requirements 82 Section 13.4 Special Meetings 83 Section 13.5 Notice of a Meeting 84 Section 13.6 Record Date 84 Section 13.7 Adjournment 84 Section 13.8 Waiver of Notice; Approval of Meeting; Approval of Minutes 84 Section 13.9 Quorum and Voting 85 Section 13.10 Conduct of a Meeting 85 Section 13.11 Action Without a Meeting 85 Section 13.12 Right to Vote and Related Matters 86 ARTICLE XIV
Dissolution and Liquidation. 26 6.1. DISSOLUTION...........................................................................................26 6.2.
Dissolution and Liquidation. Section 12.1
Dissolution and Liquidation. Section 8.1 Dissolution 17 Section 8.2 Effect of Dissolution 17 Section 8.3 Application of Proceeds 17 ARTICLE IX
