Effect of Filing of Certificate of Cancellation. Upon the filing of a certificate of cancellation with the Delaware Secretary of State, the existence of the Company shall cease, except for the purpose of suits, other proceedings and appropriate action as provided in the Act. The Member 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.
Effect of Filing of Certificate of Cancellation. Upon the issuance of the certificate of cancellation, the existence of the Company shall cease. The Liquidating Trustee shall have the authority to distribute any Company property discovered after dissolution, convey real estate and take such other actions as may be necessary on behalf of and in the name of the Company.
Effect of Filing of Certificate of Cancellation. The Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, upon the occurrence of a final dissolution event, but its separate existence shall continue until a Certificate of Cancellation has been filed with the Secretary of State of Delaware or until a decree dissolving the Company has been entered by a court of competent jurisdiction.
Effect of Filing of Certificate of Cancellation. Upon the filing of the certificate of cancellation with the Delaware Secretary of State, the existence of the Company shall cease, except that the Manager may, in the name of, and for and on behalf of the Company, prosecute and defend suit, gradually settle and close the Company's business, dispose of and convey the Company's property, discharge or make reasonable provision for the Company's liabilities, and distribute to the Members any remaining assets, and take such other appropriate action as provided in the Act. The Manager shall have authority to distribute any Company property discovered after dissolution, convey real estate and take such other act as may be necessary on behalf of and in the name of the Company.
Effect of Filing of Certificate of Cancellation. Upon dissolution, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business.
Effect of Filing of Certificate of Cancellation. The Company’s separate existence shall continue until a certificate of cancellation has been filed with the Delaware Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.
Effect of Filing of Certificate of Cancellation. Upon the filing of the Certificate of Cancellation with the Delaware Secretary of State, the existence of the Partnership shall cease, except for the purpose of suits, other proceedings and appropriate action as provided in the Act. The General Partner shall have the authority to distribute any Partnership property discovered after dissolution, to convey real estate and to take such other action as may be necessary on behalf of and in the name of the Partnership.
Effect of Filing of Certificate of Cancellation. Upon the filing of Certificate of Cancellation, the existence of the Company shall cease, except for the purpose of suits, other proceedings and appropriate action as provided in the Act. The Member (or its Representative) 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.
Effect of Filing of Certificate of Cancellation. Upon the filing of a certificate of cancellation with the Secretary of State of Illinois, the existence of the Company shall cease, except for the purpose of suits, other proceedings and appropriate action as provided in the Act. The Members 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.
Effect of Filing of Certificate of Cancellation. Upon the filing of the ----------------------------------------------- certificate of cancellation with the Delaware Secretary of State, the existence of the Company shall cease, except that the Manager may, in the name of, and for and on behalf of the Company, prosecute and defend suit, gradually settle and close the Company's business, dispose of and convey the Company's property, discharge or make reasonable provision for the Company's liabilities, and distribute to the Members any remaining Assets, and take such other appropriate action as provided in the Act and this Agreement. The Manager shall have authority to distribute any Company property discovered after dissolution, convey real estate and take such other act as may be necessary on behalf of and in the name of the Company in accordance with this Agreement.
