Distribution of Assets Upon Dissolution. In settling accounts after dissolution, the liabilities of the Company shall be entitled to payment in the following order: (a) to creditors, including the Shareholder in its capacity as a creditor for any money loaned to the Company, in the order of priority as provided by law, and (b) to the Shareholder.
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Samples: Limited Liability Company Operating Agreement (TD Auto Finance LLC), Limited Liability Company Operating Agreement (TD Auto Finance LLC)
Distribution of Assets Upon Dissolution. In settling accounts after dissolution, the liabilities of the Company shall be entitled to payment in the following order: (a) to creditors, including the Shareholder Member in its capacity as a creditor for any money loaned to the Company, in the order of priority as and provided by law, ; and (b) to the ShareholderMember.
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Samples: Limited Liability Company Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Limited Liability Company Agreement (Elkhorn Unit Trust)
Distribution of Assets Upon Dissolution. (a) In settling accounts after dissolution, the liabilities of the Company shall be entitled to payment in the following order: (a) to creditors, including the Shareholder in its capacity as a creditor for any money loaned to the Company, in the order of priority as provided by law, and (b) to the Shareholder.:
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Samples: Operating Agreement (Nelnet Inc)
Distribution of Assets Upon Dissolution. In settling accounts after dissolution, the liabilities of the Company shall be entitled to payment ( or the making of reasonable provision for payment thereof including contingent, conditional and unmatured liability) in the following order: (a) to creditors, including the Shareholder in its capacity as a creditor for any money loaned to the Company, in the order of priority as provided by law, and (b) to the Shareholder.:
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Distribution of Assets Upon Dissolution. In settling accounts after dissolution, the liabilities of the Company shall be entitled to payment in the following order: (a) to creditors, including the Shareholder in its capacity as a creditor for any money loaned to the Company, in the order of priority as provided by law, law in satisfaction of all liabilities and (b) obligations of the Company whether by payment or the establishment of reasonable reserves therefor. The remaining assets of the Company shall be distributed to the Shareholder.Members in accordance with Section 10.3(c). 13.4
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Samples: www.sec.gov
Distribution of Assets Upon Dissolution. In settling accounts after dissolution, the liabilities of the Company shall be entitled to payment in the following order: (a) to creditors, including the Shareholder in its capacity as a creditor for any money loaned to the Company, in the order of priority as provided by law, law in satisfaction of all liabilities and (b) obligations of the Company whether by payment or the establishment of reasonable reserves therefor. The remaining assets of the Company shall be distributed to the ShareholderMembers in accordance with Section 10.3(c).
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