Common use of Distribution on Dissolution Clause in Contracts

Distribution on Dissolution. In the event of the liquidation and dissolution of the Company for any reason, the assets of the Company will be distributed in the following order and priority:

Appears in 10 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Clipper Realty Inc.), Limited Liability Company Agreement (Clipper Realty Inc.)

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Distribution on Dissolution. In the event of the dissolution and liquidation and dissolution of the Company for any reason, the assets of the Company will shall be distributed liquidated for distribution in the following order rank and priorityorder:

Appears in 6 contracts

Samples: Operating Agreement (General Growth Properties, Inc.), Operating Agreement (New GGP, Inc.), Operating Agreement (New GGP, Inc.)

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