Common use of Effect of Dissolution Clause in Contracts

Effect of Dissolution. Upon dissolution of the Company, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a Certificate of Cancellation has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for business but shall not terminate until the winding up of its businessthe affairs of the Company is completed, but its separate existence the assets of the Company shall continue until have been distributed as provided below and a Certificate of Cancellation has of the Company under the DLLCA have been issued by filed in the office of the Secretary of State or until a decree dissolving of the Company has been entered by a court State of competent jurisdictionDelaware.

Effect of Dissolution. Upon the occurrence of any of the events specified in this Article effecting the dissolution of the Company, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a Certificate certificate of Cancellation cancellation has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for business but shall not terminate until the winding up of its businessthe affairs of the Company is completed, but its separate existence the assets of the Company shall continue until have been distributed as provided below and a Certificate of Cancellation of the Company under the Act has been issued by filed with the Secretary of State or until a decree dissolving of the Company has been entered by a court State of competent jurisdictionDelaware.

Effect of Dissolution. Upon dissolution During the process of the Companydissolution, the Company shall cease to carry carrying on its businessBusiness, except insofar as may be necessary for but is not terminated until the winding up of its business, but its separate existence shall continue until affairs of the Company is completed and a Certificate of Cancellation has been issued by Dissolution is filed with the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business, but its separate existence shall continue the Company is not terminated, but continues until a the winding up of the affairs of the Company is completed and the Certificate of Cancellation Dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business, but its separate existence shall continue the Company is not terminated, but continues until a Certificate the winding up of Cancellation the affairs of the Company is completed and the certificate of dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a Certificate of Cancellation has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionwinding up and Distribution is completed.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for business but shall not terminate until the winding up of its businessthe affairs of the Company is completed, but its separate existence the assets of the Company shall continue until have been distributed as provided below and a Certificate of Cancellation of the Company under the DLLCA has been issued by filed in the office of the Secretary of State or until a decree dissolving of the Company has been entered by a court State of competent jurisdictionDelaware.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business, but its separate existence shall continue the Company is not terminated, but continues until a Certificate the winding up of Cancellation the affairs of the Company is completed and the certificate of dissolution has been issued by the Secretary of State or until a decree dissolving of the Company has been entered by a court State of competent jurisdictionDelaware.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry on wind up its business. The Company is not terminated, except insofar as may be necessary for but continues until the winding up of its business, but its separate existence shall continue until the affairs of the Company is completed and a Certificate certificate of Cancellation cancellation has been issued by filed with the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon the occurrence of any of the events specified in this Article effecting the dissolution of the Company, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a Certificate certificate of Cancellation cancellation has been issued by the Secretary of State of the State of Delaware or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry on its carrying on, as distinguished from the winding up of, the Company business, except insofar as may be necessary for but the Company is not terminated, but continues until the winding up of its businessthe affairs of the Company is completed and a certificate of dissolution with respect to the Company, but its separate existence shall continue until a Certificate of Cancellation or the equivalent, has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business, but its separate existence shall continue the Company is not terminated, but continues until a the winding up of the affairs of the Company is completed and the Certificate of Cancellation Dissolution has been be issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar the Company business (as may be necessary for distinguished from the winding up of its the Company business), but its separate existence the Company shall not be terminated by the act of dissolution alone, and shall continue until a Certificate the winding up of Cancellation the affairs of the Company is completed and the certificate of dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon After the dissolution of the CompanyCompany in accordance with Section 7.1, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its the Company’s separate existence shall continue until a Certificate certificate of Cancellation cancellation has been issued by filed with the Secretary of State of the State of Delaware or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar business as may be necessary for distinguished from the winding up of its the Company business, but its separate existence the Company shall not be terminated, and shall continue until a the winding up of the affairs of the Company is completed and the Certificate of Cancellation Dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its (as distinguished from the winding up of) the Company business, except insofar as may but the Company shall not be necessary for terminated until the winding up of its business, but its separate existence shall continue until the affairs of the Company is completed and a certificate of cancellation complying with §18-203 of the Act (the “Certificate of Cancellation Cancellation”) has been issued by filed with the Delaware Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar business as may be necessary for distinguished from the winding up of its the Company business, but its separate existence the Company shall not be terminated, and shall continue until a Certificate the winding up of Cancellation the affairs of the Company is completed and the certificate of dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a Certificate certificate of Cancellation dissolution has been issued by the Secretary of State or until a decree dissolving such separate existence is otherwise terminated as provided in the Company has been entered by a court Act or in connection with judicial dissolution or liquidation of competent jurisdictionthe Company.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business, but its separate existence shall continue the Company is not terminated, and continues until a Certificate the winding up of Cancellation has the affairs of the Company is completed and the articles of dissolution have been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business but shall not be terminated and shall wind up current Company business, except insofar as may be necessary for . The Company shall continue in existence until the winding up of its business, but its separate existence shall continue until a Certificate the affairs of Cancellation the Company is completed and the certificate of cancellation has been issued by the Secretary of State or until a decree dissolving of the Company has been entered by a court State of competent jurisdictionDelaware with respect to the Certificate of Formation.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall will cease to carry carrying on its business, the Company business except insofar as may be necessary for the winding up of its business, but its separate existence shall the Company is not terminated and will continue until a the winding up of the affairs of the Company is completed and the Certificate of Cancellation has been issued by filed with the Secretary Delaware Department of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry on carrying on, as distinguished from the winding up and liquidation of, the Company's business. The Company is not terminated upon Dissolution, but continues its business, except insofar as may be necessary for existence until the winding up of its business, but its separate existence shall continue until a Certificate the affairs of Cancellation has been issued by the Secretary of State or until a decree dissolving the Company has been entered by is completed and the business of the Company may be continued in order to maximize its value as a court of competent jurisdictiongoing concern for eventual sale.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business, but its separate existence shall continue the Company is not terminated, and continues until the winding up of the affairs of the Company is completed and a Certificate certificate of Cancellation cancellation has been issued by filed with the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business, but its separate existence shall continue the Company is not terminated, and continues until a Certificate the winding up of Cancellation the affairs of the Company is completed and the certificate of cancellation has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon the dissolution of the Company, the Company it shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a Certificate certificate of Cancellation dissolution has been issued by the Kentucky Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Effect of Dissolution. Upon dissolution the occurrence of any of the Companycircumstances set forth in Section 7.01, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business. However, but its separate existence shall continue until a Certificate certificate of Cancellation dissolution has been issued by the New York Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry on its businesscarrying on, except insofar as may be necessary for distinguished from the winding up of, the business and affairs of the Company. The Company is not terminated, but continues until the winding up of its business, but its separate existence shall continue until a Certificate the affairs of Cancellation the Company is completed and the certificate of cancellation has been issued by filed with the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution In the event of the Companydissolution, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a Certificate certificate of Cancellation cancellation has been issued by filed with the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business; the Company is not thereby terminated, but its separate existence shall continue continues until a Certificate the winding up of Cancellation the affairs of the Company is completed and the certificate of cancellation has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on business as then presently carried on, and shall thereafter wind up its business, except insofar as may be necessary for . The existence of the Company shall continue until the winding up of its business, but its separate existence shall continue until a affairs has been completed and the Certificate of Cancellation Dissolution has been issued by filed with the Secretary Department of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar Company business (as may be necessary for distinguished from the winding up of the Company business), and continue its business, but its separate existence shall continue until the winding up of the affairs of the Company is completed and a Certificate certificate of Cancellation dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its (as distinguished from the winding up of) the Company business, except insofar as may be necessary for but the Company is not terminated and will continue until the winding up of its business, but its separate existence shall continue until a Certificate the affairs of Cancellation the Company is completed and the certificate of dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry on its carrying on, as distinguished from the winding up of, the Company's business; however, except insofar as may be necessary for the Company is not terminated, but continues until the winding up of its business, but its separate existence shall continue until a the affairs of the Company is completed and the Certificate of Cancellation Termination has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry on its businesscarrying on, except insofar as may be necessary for distinguished from the winding up of, the business and affairs of the Company. The Company is not terminated, but continues until the winding up of its business, but its separate existence shall continue until a the affairs of the Company is completed and the Certificate of Cancellation has been issued cancelled in the manner required by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionAct.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, the Company business except insofar as may be necessary for the winding up of its the Company business, and the Company is not terminated, but its separate existence rather shall continue until the winding up of the affairs of the Company is completed and a Certificate of Cancellation Dissolution has been issued by the Secretary of State or until a decree dissolving of the Company has been entered by a court State of competent jurisdiction.

Effect of Dissolution. Upon the occurrence of any of the events specified in this Article XIV effecting the dissolution of the Company, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a Certificate certificate of Cancellation cancellation has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, except insofar as may be necessary for distinguished from the winding up of its the Company business, but its separate existence shall continue the Company is not terminated, and continues until a Certificate the winding up of Cancellation the affairs of the Company is completed and the certificate of cancellation has been issued by filed in the office of the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictionState.

Effect of Dissolution. Upon dissolution of the Companydissolution, the Company shall cease to carry carrying on its business, business except insofar as may be necessary for to complete the winding up of its businessthe affairs of the Company, but its separate existence shall continue until a the Certificate of Cancellation Dissolution has been issued by the Secretary of State or until a decree dissolving State. Upon dissolution, the Company has been entered shall no longer be required to make distributions hereunder except as provided by a court of competent jurisdictionSection 11.4 below.