DURATION OF LIQUIDATION. A reasonable time shall be allowed for the winding up of the affairs of the Company in order to minimize any losses otherwise attendant upon such a winding up.
Appears in 23 contracts
Samples: Limited Liability Company Agreement (West Bay BDC LLC), Limited Liability Company Agreement (West Bay BDC LLC), Limited Liability Company Agreement (West Bay BDC LLC)
DURATION OF LIQUIDATION. A reasonable Such time as the Board determines in its sole discretion shall be allowed for the winding up of the affairs of the Company in order to minimize any losses otherwise attendant upon such a winding up.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Andalusian Credit Company, LLC), Limited Liability Company Agreement (LGAM Private Credit LLC), Limited Liability Company Agreement (T Series Middle Market Loan Fund LLC)
DURATION OF LIQUIDATION. A reasonable time shall be allowed for the winding up of the affairs of the Company in order to minimize any losses otherwise attendant upon such a winding up; provided that the Board shall use reasonable best efforts to liquidate the Company within one year of a Termination Event.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Senior Credit Investments, LLC), Limited Liability Company Agreement (Senior Credit Investments, LLC)
