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 10.01 occurs. On the occurrence of an event described in Section 10.01, the Liquidator (or, in the case of a dissolution pursuant to Section 10.01(d), the Persons conducting the winding up of the Company’s affairs pursuant to the N) shall commence the wind up of the Company and the distribution of the assets of the Company as provided in Section 10.03 and shall thereafter file articles of dissolution with the Nevada Secretary of State pursuant to the NRS.

Effectiveness of Dissolution. Dissolution of the Company shall be effective on the day on which the event described in Section 10.01 11.01 occurs. On the occurrence of an event described in Section 10.0111.01, the Liquidator (or, in the case of a dissolution pursuant to Section 10.01(d11.01(d), the Persons conducting the winding up of the Company’s affairs pursuant to the NDGCL) shall commence the wind up of the Company and the distribution of the assets of the Company as provided in Section 10.03 11.03 and shall thereafter file articles of dissolution with the Nevada Delaware Secretary of State pursuant to the NRSDGCL.

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