Dissolution of CDL Sample Clauses

Dissolution of CDL. If CDL dissolves without formal assignation of this Agreement and the obligations herein, or otherwise discontinues its management of the Digital Assets, the Depositor may revoke the license effective immediately upon notice to CDL or, in the event of CDL’s dissolution, upon notice to its successor.
Sample 1
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Related to Dissolution of CDL

  • Dissolution The Company shall be dissolved and its affairs shall be wound up on the first to occur of the following:

  • 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.

  • Dissolution and Liquidation (Check One)

  • NO DISSOLUTION, NO NULLIFICATION To the extent permitted by law, the parties hereby waive their rights pursuant to Articles 6:265 to 6:272 inclusive of the Dutch Civil Code to dissolve (ontbinden), or demand in legal proceedings the dissolution (ontbinding) of, this Agreement. Furthermore, to the extent permitted by law, the parties hereby waive their rights under Article 6:228 of the Dutch Civil Code to nullify, or demand in legal proceedings the nullification of, this Agreement on the ground of error (dwaling).

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