EVENTS CAUSING DISSOLUTION AND WINDING UP. The LLC shall be dissolved and its affairs wound up upon the occurrence of any of the following events (individually, a "Dissolution Event"): 12.2.1 at any time with the prior approval of Members holding two-thirds or more of the Membership Interests; or 12.2.2 as may be otherwise required by law. Upon the occurrence of a Dissolution Event, the LLC shall be terminated when the winding up of the LLC's affairs has been completed following dissolution.
Appears in 4 contracts
Samples: Operating Agreement (O Charleys Inc), Operating Agreement (O Charleys Inc), Operating Agreement (O Charleys Inc)
EVENTS CAUSING DISSOLUTION AND WINDING UP. The LLC shall be dissolved and its affairs wound up upon the occurrence of any of the following events (individually, a "Dissolution Event"):
12.2.1 (i) at any time with the prior approval of Members holding two-thirds or more a Majority of Interest of the Membership InterestsMembers; or
12.2.2 (ii) as may be otherwise required by law. Upon the occurrence of a Dissolution Event, the LLC shall be terminated when the winding up of the LLC's affairs has been completed following dissolution.
Appears in 1 contract
Samples: Limited Liability Company Agreement (O Charleys Inc)
EVENTS CAUSING DISSOLUTION AND WINDING UP. The LLC shall be dissolved and its affairs wound up upon the occurrence of any of the following events (individually, a "Dissolution EventDISSOLUTION EVENT"):
12.2.1 at (i) At any time with the prior approval of Members holding two-thirds or more a Majority of interest of the Membership InterestsMembers; or
12.2.2 as (ii) As may be otherwise required by law. Upon the occurrence of a Dissolution Event, the LLC shall be terminated when the winding up of the LLC's affairs has been completed following dissolution.
Appears in 1 contract
Samples: Limited Liability Company Agreement (O Charleys Inc)