Common use of Dissolution Triggers Clause in Contracts

Dissolution Triggers. The Company shall dissolve upon the first occurrence of the following events: (i) The determination by a Unitholder Majority that the Company should be dissolved (subject to obtaining all other approvals required pursuant to Section 4 hereof); or (ii) The entry of a decree of judicial dissolution or the administrative dissolution of the Company as provided in the Delaware Act.

Dissolution Triggers. The Company shall dissolve upon the first occurrence of the following events: (ia) The determination by a Unitholder Majority the Board (including at least one (1) Series A Manager and one (1) Common Manager) that the Company should be dissolved (subject to obtaining all other approvals required pursuant to Section 4 hereof)dissolved; or (iib) The entry of a decree of judicial dissolution or the administrative dissolution of the Company as provided in the Delaware Act.

Dissolution Triggers. The Company shall dissolve upon the first occurrence of the following events: (ia) The determination by a Unitholder Majority the Board, subject to Section 5.2 hereof, that the Company should be dissolved (subject to obtaining all other approvals required pursuant to Section 4 hereof); ordissolved; (iib) The entry of a decree of judicial dissolution or the administrative dissolution of the Company as provided in the Delaware Act; or (c) A sale of all or substantially all of the assets of the Company.

Dissolution Triggers. The Company shall dissolve upon the first occurrence of the following events: (ia) The subject to Sections 4.1(b) and 4.1(c), the determination by a Unitholder Majority the Manager that the Company should be dissolved (subject to obtaining all other approvals required pursuant to Section 4 hereof)dissolved; or (iib) The entry of a decree of judicial dissolution or upon the administrative dissolution occurrence of the Company as provided events specified in the Delaware Act.

Dissolution Triggers. The Company shall dissolve upon the first occurrence of the following events: (ia) The determination by a Unitholder Majority the Board (including at least one (1) Preferred Manager and one (1) Common Manager) that the Company should be dissolved (subject to obtaining all other approvals required pursuant to Section 4 hereof)dissolved; or (iib) The entry of a decree of judicial dissolution or the administrative dissolution of the Company as provided in the Delaware Act.