Common use of Effect of Filing of Dissolving Statement Clause in Contracts

Effect of Filing of Dissolving Statement. Upon the filing by the Florida Secretary of State of a statement of intent to dissolve, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a certificate of dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdiction.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (SILC Holdings LLC)

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Effect of Filing of Dissolving Statement. Upon the filing by the Florida Secretary of State of a statement of intent to dissolvedissolve with the Secretary of State, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up of its business, but its separate existence shall continue until a certificate of dissolution cancellation has been issued by the 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 (New England Electric System)

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Effect of Filing of Dissolving Statement. Upon the filing by the Florida Secretary of State of a statement Certificate of intent to dissolveDissolution, the Company shall cease to carry on its business, except insofar as may be necessary for the winding up and liquidation of its business, but its separate existence shall continue until a certificate of dissolution has been issued by the Secretary of State or until a decree dissolving the Company has been entered by a court of competent jurisdictioncontinue.

Appears in 1 contract

Samples: Operating Agreement (Cal Maine Foods Inc)

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