Distribution of Assets on Dissolution. Upon the winding up of the Company, the remaining Members shall take full account of the assets and liabilities of the Company and shall liquidate the assets of the Company as promptly as is consistent with obtaining the fair value thereof. The proceeds of any liquidation shall be applied and distributed in the following order:
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Samples: Limited Liability Company Operating Agreement (Ce Generation LLC), Limited Liability Company Operating Agreement (Ce Generation LLC), Limited Liability Company Operating Agreement (Ce Generation LLC)
Distribution of Assets on Dissolution. Upon the winding up of the Company, the remaining Members acting together or such Person(s) designated by all of the Members shall take full account of the assets and liabilities of the Company and Company, shall liquidate the assets (unless the Management Board determines that a distribution of any Company Property in-kind would be more advantageous to the Company Members than the sale thereof) as promptly as is consistent with obtaining the fair value thereof. The , and shall apply and distribute the proceeds of any liquidation shall be applied and distributed therefrom in the following order:
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