Common use of Effect of Filing Certificate of Cancellation Clause in Contracts

Effect of Filing Certificate of Cancellation. Upon the issuance of the certificate of cancellation, the existence of the Company shall cease. The Management Committee or the Liquidating Trustee shall have authority to distribute any Company property discovered after dissolution, convey real estate and take such other action as may be necessary on behalf of and in the name of the Company.

Appears in 4 contracts

Samples: Investor Rights Agreement (Mp3 Com Inc), Investor Rights Agreement (Mp3 Com Inc), Investor Rights Agreement (Mp3 Com Inc)

AutoNDA by SimpleDocs

Effect of Filing Certificate of Cancellation. Upon the issuance of the certificate of cancellation, the existence of the Company shall cease. The Management Committee or the Liquidating Trustee shall have the authority to distribute any Company property discovered after dissolution, convey real estate dissolution and take such other action as may be necessary on behalf of and in the name of the Company.

Appears in 4 contracts

Samples: Commercialization Agreement (Patriot Scientific Corp), Operating Agreement (Patriot Scientific Corp), Operating Agreement (Patriot Scientific Corp)

Effect of Filing Certificate of Cancellation. Upon the issuance of the certificate of cancellation, the existence of the Company LLC shall cease. The Management Committee Members or the Liquidating Trustee shall have authority to distribute any Company LLC property discovered after dissolution, convey real estate and take such other action as may be necessary on behalf of and in the name of the CompanyLLC.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Matson, Inc.)

Effect of Filing Certificate of Cancellation. Upon the issuance of the certificate of cancellation, the existence of the Company shall cease. The Management Committee Manager or the Liquidating Trustee Liquidator shall have authority to distribute any Company property discovered after dissolution, convey real estate and take such other action as may be necessary on behalf of and in the name of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Vornado Operating Co)

AutoNDA by SimpleDocs

Effect of Filing Certificate of Cancellation. Upon the issuance of the certificate of cancellation, the existence of the Company shall cease. The Management Committee or the Liquidating Trustee shall have authority to distribute any Company property discovered after dissolution, convey real estate dissolution and take such other action as may be necessary on behalf of and in the name of the Company.

Appears in 1 contract

Samples: Operating Agreement (Paxson Communications Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.