Common use of Effectiveness of Dissolution Clause in Contracts

Effectiveness of Dissolution. Dissolution of the Company shall be effective on the day on which the event described in Section 11.01 occurs. On the occurrence of an event described in Section 11.01, the Liquidator (or, in the case of a dissolution pursuant to Section 11.01(d), the Persons conducting the winding up of the Company’s affairs pursuant to DGCL) shall commence the wind up of the Company and the distribution of the assets of the Company as provided in Section 11.03 and shall thereafter file articles of dissolution with the Delaware Secretary of State pursuant to DGCL.

Effectiveness of Dissolution. Dissolution of the Company shall be effective on the day on which the event described in Section 11.01 10.01 occurs. On the occurrence of an event described in Section 11.0110.01, the Liquidator (or, in the case of a dissolution pursuant to Section 11.01(d10.01(d), the Persons conducting the winding up of the Company’s affairs pursuant to DGCLthe N) shall commence the wind up of the Company and the distribution of the assets of the Company as provided in Section 11.03 10.03 and shall thereafter file articles of dissolution with the Delaware Nevada Secretary of State pursuant to DGCLthe NRS.

Effectiveness of Dissolution. Dissolution of the Company shall be effective on the day on which the event described in Section 11.01 10.01 occurs. On the occurrence of an event described in Section 11.0110.01, the Liquidator (or, in the case of a dissolution pursuant to Section 11.01(d10.01(d), the Persons conducting the winding up of the Company’s affairs pursuant to DGCLNRS) shall commence the wind up of the Company and the distribution of the assets of the Company as provided in Section 11.03 10.03 and shall thereafter file articles of dissolution with the Delaware Nevada Secretary of State pursuant to DGCLNRS.