Common use of Effect of Dissolution Clause in Contracts

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business as distinguished from the winding up of the Company business, but the Company is not terminated, but continues until the winding up of the affairs of the Company is completed. In winding up the affairs of the Company, the Member shall:

Appears in 2 contracts

Samples: Operating Agreement (JFC LLC), Operating Agreement (JFC LLC)

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Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business as distinguished from the winding up of the Company business, but the Company is shall not be terminated, but continues and shall continue until the winding up of the affairs of the Company is completed. In winding up completed and the affairs certificate of dissolution has been issued by the Company, the Member shall:Secretary of State.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Advanta Bank Corp), Advanta Bank Corp

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business as distinguished from the winding up of the Company business, but the Company is shall not be terminated, but continues and shall continue until the winding up of the affairs of the Company is completed. In winding up completed and the affairs Certificate of Dissolution has been issued by the Company, the Member shall:Secretary of State.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (HPSC Inc), Limited Liability Company Agreement (HPSC Inc)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business business, as distinguished from the winding up of the Company business, but the Company is not terminated, but and continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs articles of dissolution have been issued by the Company, the Member shall:Secretary of State.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Inland Real Estate Corp), Operating Agreement (Inland Real Estate Corp)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business on, as distinguished from the winding up of, the business and affairs of the Company business, but the Company. The Company is not terminated, but continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs certificate of cancellation has been filed with the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Limited Liability Company Agreement (CPM Holdings, Inc.)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business (as distinguished from the winding up of of) the Company business, but the Company is not terminated, but continues terminated and will continue until the winding up of the affairs of the Company is completed. In winding up completed and the affairs certificate of dissolution has been issued by the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Trimedia Entertainment Group Inc)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business on, as distinguished from the winding up of of, the Company Company's business; however, but the Company is not terminated, but continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs Certificate of Termination has been issued by the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Operating Agreement (Revolutionary Concepts Inc)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business as distinguished from the winding then presently carried on, and shall thereafter wind up its business. The existence of the Company business, but the Company is not terminated, but continues shall continue until the winding up of its affairs has been completed and the affairs Certificate of Dissolution has been filed with the Company is completed. In winding up the affairs Department of the Company, the Member shall:State.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Conversion Labs, Inc.)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on its business as distinguished from the winding up of the Company business, . The Company will not be terminated but the Company is not terminated, but continues will continue until the winding up of the affairs of the Company is completed. In winding up completed and the affairs Articles of Dissolution have been filed with the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Operating Agreement

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on the Company business except as distinguished from necessary for the winding up of the Company business, but and the Company is not terminated, but continues rather shall continue until the winding up of the affairs of the Company is completed. In winding up completed and a Certificate of Dissolution has been issued by the affairs Secretary of State of the Company, the Member shall:State of .

Appears in 1 contract

Samples: Operating Agreement

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business as distinguished from the winding up of the Company business, but the Company is not terminated, but continues be terminated and shall continue until the winding up of the affairs of the Company is completed. In winding up the affairs of the Company, the Member shall:.

Appears in 1 contract

Samples: Limited Liability Operating Agreement

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business on, as distinguished from the winding up of, the business and affairs of the Company business, but the Company. The Company is not terminated, but continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs of Certificate has been cancelled in the Company, manner required by the Member shall:Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Williams Pipeline Partners L.P.)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business business, as distinguished from the winding up of the Company business, but the Company is not terminated, but and continues until the winding up of the affairs of the Company is completed. In winding up completed and a certificate of cancellation has been filed with the affairs Secretary of the Company, the Member shall:State.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inland Real Estate Corp)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business (as distinguished from the winding up of of) the Company business, but the Company is shall not be terminated, but continues shall continue until the winding up of the affairs of the Company is completed. In winding up completed and articles of termination have been filed with the affairs Secretary of the Company, the Member shall:State.

Appears in 1 contract

Samples: Operating Agreement (Austin Materials, LLC)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business on, as distinguished from the winding up of, the business and affairs of the Company business, but the Company. The Company is not terminated, but continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs Articles of Dissolution has been filed with the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Williams Pipeline Partners L.P.)

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Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business as distinguished from the winding up of the Company business, but the Company is shall not be terminated, but continues and shall continue until the winding up of the affairs of the Company is completed. In winding up completed in accordance with the affairs of the Company, the Member shall:Act.

Appears in 1 contract

Samples: Operating Agreement (New York Health Care Inc)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business business, as distinguished from the winding up of the Company business, but the Company is not terminated, but and continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs certificate of cancellation has been issued by the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capital Growth Systems Inc /Fl/)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying --------------------- to carry on business its business, except insofar as distinguished from may be necessary for the winding up of the Company its business, but the Company is not terminated, but continues its separate existence shall continue until the winding up of the affairs of the Company and Distribution is completed. In winding up the affairs of the Company, the Member shall:.

Appears in 1 contract

Samples: Registration Agreement (Navigant International Inc)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business on, as distinguished from the winding up of, the business and affairs of the Company business, but the Company. The Company is not terminated, but continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs Certificate of Dissolution has been filed with the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Coal Valley Resources Inc.)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business on, as distinguished from the winding up of of, the Company business, but the Company is not terminated, but continues and shall continue until the winding up of the affairs of the Company is completed. In winding up completed and the affairs Certificate of Dissolution has been delivered to the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Operating Agreement (Jefferson Holdings Inc.)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business as distinguished from the winding up of the Company business, but ; the Company is not thereby terminated, but continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs certificate of cancellation has been issued by the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Tri-S Security Corp)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on its business as distinguished from the winding up of the Company business, but the Company is shall not terminated, but continues terminate until the winding up of the affairs of the Company is completed. In winding up , the affairs assets of the Company, Company shall have been distributed as provided below and the Member shall:Certificate of the Company shall have been cancelled in the manner required by the DLLCA.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Triad Financial Sm LLC)

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business business, as distinguished from the winding up of the Company business, but the Company is not terminated, but and continues until the winding up of the affairs of the Company is completed. In winding up completed and the affairs certificate of cancellation has been filed in the office of the Company, the Member shall:Secretary of State.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Effect of Dissolution. Upon dissolution, the Company shall cease carrying on business as distinguished from the winding up of the Company business, but the Company is not terminated, but continues until the winding up of the affairs of the Company is completed. In winding up the affairs of the Company, the Member Members shall:

Appears in 1 contract

Samples: Operating Agreement (JFC LLC)

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