Common use of Distribution on Dissolution and Liquidation Clause in Contracts

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reason, the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 59 contracts

Samples: Operating Agreement (SC Sonoma Management, LLC), Operating Agreement (SC Sonoma Management, LLC), Operating Agreement (SC Sonoma Management, LLC)

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Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reason, the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.37.2, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 18 contracts

Samples: Operating Agreement (Areh MLK LLC), Limited Liability Company Agreement (Ace Gaming LLC), Limited Liability Company Agreement (Ace Gaming LLC)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reason, the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.38.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 16 contracts

Samples: Operating Agreement (Wynn Las Vegas Capital Corp), Operating Agreement (Wynn Las Vegas Capital Corp), Operating Agreement (Wynn Las Vegas Capital Corp)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reasonreason (including the Company’s liquidation within the meaning of Regulation 1.704-1(b)(2)(ii)(g)), the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 9 contracts

Samples: Operating Agreement (Wynn Las Vegas LLC), Operating Agreement (Williams Electronic Games, Inc.), Operating Agreement (Williams Electronic Games, Inc.)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reasonreason (including the Company's liquidation within the meaning of Regulation 1.704-1(b)(2)(ii)(g)), the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 6 contracts

Samples: Operating Agreement (Affinity Gaming), Operating Agreement (Affinity Gaming), Operating Agreement (Affinity Gaming)

Distribution on Dissolution and Liquidation. In the event of the dissolution of If the Company is dissolved for any reason, the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.3Section, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 2 contracts

Samples: Operating Agreement (Majestic Investor Capital Corp), Operating Agreement (Majestic Star Casino LLC)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reason, the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.312.5, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 2 contracts

Samples: Operating Agreement (Aladdin Capital Corp), Operating Agreement (Aladdin Gaming Enterprises Inc)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reasonreason (including the Company’s liquidation within the meaning of Regulation 1.704-1 (b)(2)(ii)(g)), the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 2 contracts

Samples: Operating Agreement (Williams Electronic Games, Inc.), Operating Agreement (New Gaming Capital Partnership)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reasonreason (including the Company 's liquidation within the meaning of Regulation 1.704-1 (b)(2)(ii)(g)), the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 1 contract

Samples: Operating Agreement (Affinity Gaming)

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Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reasonreason (including the Company’s liquidation within the meaning of Regulation 1.704-1(b)(2)(ii)(g)), the business of the Company shall be continued to the extent necessary to allow an orderly winding up lip of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 1 contract

Samples: Operating Agreement (Aquarius Gaming LLC)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reasonreason (including the Company's liquidation within the meaning of Regulation 1.704-l(b)(2)(ii)(g)), the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 1 contract

Samples: Operating Agreement (Affinity Gaming)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reasonreason (including the Company’s liquidation within the meaning of Regulation 1.704-1(b)(2)(ii)(g)), the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.38.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 1 contract

Samples: Operating Agreement (Ace Gaming LLC)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reason, the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.311.3, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 1 contract

Samples: Operating Agreement (Aladdin Gaming Holding LLC)

Distribution on Dissolution and Liquidation. In the event of the dissolution of the Company for any reasonreason (including the Company's liquidation within the meaning of Regulation 1.704-1(b)(2)(ii)(g)), the business of the Company shall be continued to the extent necessary to allow an orderly winding up of its affairs, including the liquidation and termination of the Company pursuant to the provisions of this Section 7.310.2, as promptly as practicable thereafter, and each of the following shall be accomplished:

Appears in 1 contract

Samples: Operating Agreement (Sterling Construction Co Inc)

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