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 or as provided by the Delaware Act. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member.
Appears in 15 contracts
Samples: Operating Agreement (JCC Fulton Development, LLC), Operating Agreement (JCC Fulton Development, LLC), Operating Agreement (JCC Fulton Development, LLC)
Dissolution and Winding Up. The Company shall dissolve and its business and affairs be dissolved upon the direction of the Member or upon the entry of a decree of judicial dissolution under the Delaware Act. Upon dissolution, the Company shall be wound up pursuant to a written instrument executed by the Member or as provided by Member, and the Delaware Act. In such event, after satisfying creditors, all remaining Company’s assets shall be distributed as provided in the Delaware Act (i.e., first to creditors and then to the Member).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Nuveen Investment Solutions, Inc.)
