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

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.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (ARAMARK FHC Kansas, Inc.)

AutoNDA by SimpleDocs

Effect of Filing of Certificate of Cancellation. Upon the filing of a the certificate of cancellation with the Delaware Secretary of State, . the existence of the Company shall cease, except for the purpose of suits, suits other proceedings and appropriate action as provided in the Act. Delaware Act The Member Board of Managers 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 2 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Global Crossing Servicios, S. De R.L. De C.V.)

Effect of Filing of Certificate of Cancellation. Upon the filing of a certificate of cancellation with the Delaware Secretary of Statethe State of Delaware, 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 Managers shall have the authority to distribute any Company 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 Company.

Appears in 2 contracts

Samples: Operating Agreement (Hallmark Financial Services Inc), Operating Agreement (Hallmark Financial Services Inc)

Effect of Filing of Certificate of Cancellation. Upon the filing of a the 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 Board of Directors 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 2 contracts

Samples: Operating Agreement (Upc Polska LLC), Operating Agreement (Upc Polska Inc)

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 Manager 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 2 contracts

Samples: Operating Agreement (ServiceMaster Consumer Services Limited Partnership), Operating Agreement (ServiceMaster Consumer Services Limited Partnership)

Effect of Filing of Certificate of Cancellation. Upon the filing of a certificate Certificate of cancellation 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 Manager 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: Limited Liability Company Agreement (Grant Park Futures Fund Limited Partnership)

AutoNDA by SimpleDocs

Effect of Filing of Certificate of Cancellation. Upon the filing of a certificate Certificate of cancellation Cancellation with the Delaware office of the Secretary of StateState of the State of Delaware, 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 Managers 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: Limited Liability Company Agreement

Effect of Filing of Certificate of Cancellation. Upon the filing of a the certificate of cancellation with the Delaware Secretary of StateState of the State of Delaware, the existence of the Company shall cease, except for the purpose of suits, other proceedings and appropriate action as provided in the Delaware Act. The Member Board of Managers 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 (Herbalife International Inc)

Effect of Filing of Certificate of Cancellation. Upon the filing of a the 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 Delaware Act. The Member Board of Managers 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.. 14.5

Appears in 1 contract

Samples: Limited Liability Company Agreement (International Assets Holding Corp)

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