Dissolution and Winding Up. The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the Member. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member.
Appears in 180 contracts
Samples: Limited Liability Company Agreement (Innovative Industrial Properties Inc), Limited Liability Company Agreement (Iip-Nj 2 LLC), Limited Liability Company Agreement (Iip-Nj 2 LLC)
Dissolution and Winding Up. The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the MemberMembers. In such event, after satisfying creditors, all remaining assets shall be distributed to the MemberMembers pro rata according to their membership interests.
Appears in 1 contract
Dissolution and Winding Up. The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by all of the MemberMembers. In such event, after satisfying creditors, all remaining assets shall be distributed to the MemberMembers on the basis of their respective Interests.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.)
Dissolution and Winding Up. The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the MemberManagers. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member.
Appears in 1 contract
Samples: Operating Agreement (New Gaming Capital Partnership)
Dissolution and Winding Up. The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the Member/Manager. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member/Manager.
Appears in 1 contract
Samples: Operating Agreement (New Gaming Capital Partnership)
