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

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