Common use of Effect of Dissolution Clause in Contracts

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, and its affairs shall be wound up in accordance with this Article X and the Act.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Conversent Communications of New Jersey, LLC), Limited Liability Company Agreement (Conversent Communications of New Jersey, LLC), Limited Liability Company Agreement (Conversent Communications of New Jersey, LLC)

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Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, and its affairs shall be wound up in accordance with this Article X XI and the Act.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (2420 Lakemont Avenue MM, LLC), Operating Agreement (2420 Lakemont Avenue MM, LLC), Limited Liability Company Agreement (2420 Lakemont Avenue MM, LLC)

Effect of Dissolution. Upon dissolution, the Company shall cease to carry on its business, and its affairs shall be wound up in accordance with this Article X Section 16 hereof and the Act.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Genon Americas Generation LLC), Limited Liability Company Agreement (Genon Americas Generation LLC), Limited Liability Company Agreement (Mirant Mid Atlantic LLC)

Effect of Dissolution. Upon dissolutionExcept as permitted by the Act, upon dissolution the Company shall cease to carry on its business, and shall wind-up its affairs and shall be wound up terminate its existence as provided in accordance with this Article X Agreement and the Act.

Appears in 4 contracts

Samples: Operating Agreement (Mediacom Capital Corp), Operating Agreement (Mediacom Capital Corp), Operating Agreement (Mediacom Capital Corp)

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Effect of Dissolution. Upon dissolution, the Company shall --------------------- cease to carry on its business, and its affairs shall be wound up in accordance with this Article X XI and the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mirant Mid Atlantic LLC)

Effect of Dissolution. Upon dissolution, the Company shall cease to ---------------------- carry on its business, and its affairs shall be wound up in accordance with this Article X Section 16 hereof and the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Mirant Americas Generating LLC)

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