Distributions Upon Dissolution. Proceeds from a sale of all or substantially all of the assets of the Company and amounts available upon dissolution, after payment of, or adequate provision for, the debts and obligations of the Company, including the expenses of its liquidation and dissolution, shall be distributed and applied in the following priorities:
Appears in 17 contracts
Samples: Limited Liability Company Agreement (Acme Television LLC), Limited Liability Company Agreement (Acme Television LLC), Limited Liability Company Agreement (Acme Television LLC)
Distributions Upon Dissolution. Proceeds from a sale of all or substantially all of the assets of the Company LLC and amounts available upon dissolution, after payment of, or adequate provision for, the debts and obligations of the CompanyLLC then due and owing, including and the expenses liquidation of its liquidation and dissolutionany remaining assets of the LLC, shall be distributed and applied in the following prioritiespriority:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Selective Insurance Group Inc)
