Distributions Upon Liquidation of Company. Upon liquidation of the Company, the assets of the Company shall be distributed no later than the later of ninety (90) days after the date of such liquidation or the end of the Company’s taxable year in which the liquidation occurs and shall be applied in the following order of priority:
Appears in 10 contracts
Samples: Limited Liability Company Agreement (Forbes Energy International, LLC), Limited Liability Company Agreement (Forbes Energy Services LLC), Limited Liability Company Agreement (Energy Services Puerto Rico LLC)
Distributions Upon Liquidation of Company. Upon liquidation of the Company, the assets of the Company shall be distributed no later than the later of ninety (90) days 10 after the date of such liquidation or the end of the Company’s 's taxable year in which the liquidation occurs and shall be applied in the following order of priority:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Leevac Marine Inc), Limited Liability Company Agreement (Leevac Marine Inc), Limited Liability Company Agreement (Leevac Marine Inc)
Distributions Upon Liquidation of Company. (a) Upon liquidation (as defined in Section 7.5(c) hereof) of the Company, the assets of the Company shall be distributed no later than the later of ninety (90) 90 days after the date of such liquidation or the end of the Company’s taxable year in which the liquidation occurs and shall be applied in the following order of priority:
Appears in 1 contract
Distributions Upon Liquidation of Company. Upon liquidation of the Company, the assets of the Company shall be distributed no later than the later of ninety (90) days after the date of such liquidation or the end of the Company’s 's taxable year in which the liquidation occurs and shall be applied in the following order of priority:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Leevac Marine Inc)
Distributions Upon Liquidation of Company. (a) Upon liquidation of the Company, the assets of the Company shall be distributed no later than the later of ninety (90) 90 days after the date of such liquidation or the end of the Company’s taxable year in which the liquidation occurs and shall be applied in the following order of priority:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Forbes Energy Services LLC)
