Common use of Distributions in Liquidation Clause in Contracts

Distributions in Liquidation. Following the dissolution of the Company and the commencement of winding up and the liquidation of its assets, distributions to the Members shall be governed by Section 12.2.

Appears in 10 contracts

Samples: Operating Agreement (World Tree Usa, LLC), Operating Agreement (World Tree Usa, LLC), Operating Agreement

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Distributions in Liquidation. Following the dissolution of the Company and the commencement of winding up and the liquidation of its assets, distributions to the Members shall be governed by Section 12.2Article 12.

Appears in 3 contracts

Samples: Operating Agreement (Seed Equity Properties LLC), Operating Agreement (Seed Equity Properties LLC), Operating Agreement (Seed Equity Properties LLC)

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Distributions in Liquidation. Following the dissolution of the Company and the commencement of winding up and the liquidation of its assets, distributions to the Members shall be governed by Section 12.212.3.

Appears in 2 contracts

Samples: Operating Agreement (MVP REIT II, Inc.), Operating Agreement (Stratford American Corp)

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