Dissolution Liquidation and Termination Sample Clauses
The "Dissolution, Liquidation and Termination" clause outlines the procedures and conditions under which a business entity or agreement may be formally ended. It typically details the steps for dissolving the entity, liquidating its assets to pay off debts and distribute any remaining value to stakeholders, and officially terminating all obligations. For example, it may specify how assets are valued and distributed, or the order in which creditors and partners are paid. This clause ensures a clear, orderly process for winding up affairs, minimizing disputes and protecting the interests of all parties involved.
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Dissolution Liquidation and Termination. 81 Section 13.1 Dissolution.................................................. 81 Section 13.2
Dissolution Liquidation and Termination. After the dissolution, liquidation and termination of the Company, (i) each Person that was a Member as of the date of the dissolution of the Company will be entitled to copies of all information acquired by or on behalf of the Company on or before the date of termination and not previously furnished to such Person, (ii) if any former Member continues to own all or any portion of the Properties, each Person that was a Member as of the date of dissolution of the Company will continue to have rights of ingress and egress to such Properties for purposes of ensuring Environmental Compliance, and (iii) each former Member (regardless whether such Person was a Member as of the date of the dissolution of the Company) will remain liable for (A) its indemnification and reimbursement obligations under Sections 4.3 and 4.4, subject to Section 4.5, and (B) its Capital Contribution obligations under Sections 3.3 and 3.4, but only in the case of this clause (B) to the limited extent provided in Section 5.6(e).
Dissolution Liquidation and Termination. 49 13.1 Dissolution...................................................... 49 13.2
Dissolution Liquidation and Termination. Section 13.1
Dissolution Liquidation and Termination. 11.01 Dissolution 22 11.02 Liquidation and Termination 22 11.03 Cancellation of Certificate 23 12.01 Offset 24 12.02 Notices 24 12.03 Entire Agreement; Supersedure 24 12.04 Effect of Waiver or Consent 24 12.05 Amendment or Modification 24 12.06 Binding Effect; Joinder of Additional Parties 24 12.07 Construction 25 12.08 Further Assurances 25 12.09 Indemnification 25 12.10 Waiver of Certain Rights 25 12.11 Counterparts 25 12.12 Dispute Resolution 25 12.13 No Effect on Employment Relationship 28 12.14 Legal Representation 28 This Agreement of Limited Partnership (this “Agreement”) of EPCO Unit L.P., a Delaware limited partnership (the “Partnership”), is made and entered into effective as of November 13, 2008 by and among the Partners (as defined below).
Dissolution Liquidation and Termination. 52 13.1 Dissolution . . . . . . . . . . . . . . . . . . . . . . . . . . 52 13.2
Dissolution Liquidation and Termination. After the dissolution, liquidation and termination of the Company, each Person that was a Member as of the date of the dissolution, liquidation or termination of the Company shall be entitled to copies of all information acquired by or on behalf of the Company on or before the date of dissolution, liquidation or termination and not previously furnished to such Person.
Dissolution Liquidation and Termination. 44 Section 14.1 Dissolution . . . . . . . . . . . . . . . . . . 44 Section 14.2
Dissolution Liquidation and Termination. The Company shall dissolve and its affairs wound up upon the determination of the Member.
Dissolution Liquidation and Termination. Section 7.01 Dissolution Upon the Last Expiration Date 21 Section 7.02 Termination of Agreement 21 Section 7.03 Liquidation 22 ARTICLE 8