Common use of Effect of Filing of Dissolution Clause in Contracts

Effect of Filing of Dissolution. Upon the dissolution of the Company, the Company shall cease to carry on its business except as may be necessary for the winding up of its business, but its separate existence shall continue until the 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.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.), Limited Liability Company Agreement (Nuverra Environmental Solutions, Inc.)

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Effect of Filing of Dissolution. Upon the dissolution of the Company, the Company shall cease to carry on its business except as may be necessary for the winding up of its business, but its separate existence shall continue until the Certificate of Cancellation has been filed with the Delaware Utah Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Appears in 1 contract

Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.)

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