Common use of Events Causing Dissolution and Windup Clause in Contracts

Events Causing Dissolution and Windup. The Company shall be dissolved and its affairs wound up (a) upon the sale of all or substantially all of the assets of the Company and the distribution of the net proceeds therefrom; (b) at any time with the written consent of all of the Members; or (c) as may be otherwise provided by law. The Company shall be terminated when the winding up of Company affairs has been completed following dissolution.

Appears in 7 contracts

Samples: Operating Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC), Limited Liability Company Agreement (CBL/Regency I, LLC)

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