Duration and Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the first to occur of the following: (a) the Member votes for dissolution; or (b) the entry of a decree of judicial dissolution under Section 18-801 of the Act.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Badlands Power Fuels, LLC)
Duration and Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the first to occur of the following: (a) the Member votes for dissolution; or (b) the entry of a decree of judicial dissolution under Section 18-801 1705.47 of the ActCode.
Appears in 2 contracts
Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Hek Water Solutions, LLC)
Duration and Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the first to occur of the following: :
(a) the Member votes for dissolutiondecision made by the Managing Members to dissolve the Company; or and
(b) the entry of a decree of judicial dissolution of the Company under Section 18-801 802 of the Delaware Act. The death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event which terminates the continued membership of any Member in the Company shall not cause the Company to be dissolved and its affairs wound up.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Zell Samuel), Limited Liability Company Agreement (Zell Samuel)
