Common use of Election to Continue Company Clause in Contracts

Election to Continue Company. An event set forth in Section 14A(4) shall not result in the dissolution, winding up and termination of the Company if, within ninety (90) days after the occurrence of that event, the remaining Members elect by unanimous written consent to continue the Company.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Lilli Ann LLC), Limited Liability Company Agreement (Lilli Ann LLC), Limited Liability Company Agreement (Lilli Ann LLC)

AutoNDA by SimpleDocs

Election to Continue Company. An event set forth in Section 14A(4) 14A shall not result in the dissolution, winding up and termination of the Company if, within ninety (90) days after the occurrence of that event, a majority in interest of the remaining Members elect by unanimous written consent votes to continue the Company.

Appears in 1 contract

Samples: Operating Agreement (Aero Services International Inc)

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