Common use of Dissolution, Liquidation, and Termination Generally Clause in Contracts

Dissolution, Liquidation, and Termination Generally. The Company shall be dissolved upon the first to occur of any of the following: (a) The sale or disposition of all of the assets of the Company and the receipt, in cash, of all consideration therefor; (b) The determination of each Manager and the Preferred Member to dissolve the Company; and (c) The occurrence of any event which, as a matter of law, requires that the Company be dissolved.

Dissolution, Liquidation, and Termination Generally. (a) The Company shall be dissolved upon the first to occur of any of the following: (a1) The sale or disposition of all of the assets of the Company and the receipt, in cash, of all consideration therefor, and the determination of the Company Manager not to continue the business of the Company directly or through an Investment Entity; (b2) The determination of each the Company Manager and the Preferred Member to dissolve the Company; and (c3) The occurrence of any event which, as a matter of law, requires that the Company be dissolved.

Dissolution, Liquidation, and Termination Generally. The Company shall be dissolved upon begin an orderly dissolution on the first to occur of any of the following: (a) The sale or disposition of all the election of the assets Board, with the consent of each of the Company and the receipt, in cash, of all consideration therefor;Members; or (b) The determination of each Manager and the Preferred Member to dissolve the Company; and (c) The occurrence of any event which, as a matter of law, requires that the Company be dissolved.

Dissolution, Liquidation, and Termination Generally. The Company shall be dissolved upon the first to occur of any of the following: (a) The A sale or other disposition of all of the assets of the Company Company's and its Subsidiaries' Projects and the receipt, in cash, of all consideration therefortherefor (unless otherwise determined by the Members); (b) The determination of each Manager and the Preferred Member Members to dissolve the Company; andor (c) The occurrence of any event which, as a matter of law, requires that the Company be dissolved.

Dissolution, Liquidation, and Termination Generally. The Company shall be dissolved upon the first to occur of any of the following: (a) The sale or disposition of all of the assets of the Company and the receipt, in cash, of all consideration thereforproceeds; (b) The determination of each Dividend Member and Development Manager and the Preferred Member to dissolve the Company; and (c) The occurrence of any event which, as a matter of law, requires that the Company be dissolved.