Common use of Events Causing Dissolution Clause in Contracts

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) the consent of at least two-thirds of the members of the Board; (ii) at any time there are no Members, unless the Company is continued in accordance with the Act or this Agreement; or (iii) the entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) the consent The affirmative vote of at least two-thirds of the members of the Boarda Super Majority in Interest to dissolve; (ii) at any time there are no Members, unless The Transfer of all or substantially all of the assets of the Company is continued in accordance with and the Act or this Agreementreceipt and distribution of all the proceeds therefrom; or (iii) the The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) the The unanimous consent of at least two-thirds of the members of the BoardMembers to dissolve; (ii) at any time there are no Members, unless The Transfer of all or substantially all of the assets of the Company is continued in accordance with and the Act or this Agreementreceipt and distribution of all the proceeds therefrom; or (iii) the The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) the consent The affirmative vote of at least two-thirds of the members of the Boarda Majority in Interest to dissolve; (ii) at any time there are no Members, unless The Transfer of all or substantially all of the assets of the Company is continued in accordance with and the Act or this Agreementreceipt and distribution of all the proceeds therefrom; or (iii) the The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) the consent The affirmative vote of at least two-thirds of the members of the Boarda Super Majority in Interest to dissolve; (ii) at any time there are no Members, unless The Transfer of all or substantially all of the assets of the Company is continued in accordance with and the Act or this Agreementreceipt and distribution of all the proceeds therefrom; or (iii) the The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s 's dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following eventsevents to occur: (ia) the The written consent of at least two-thirds of the members of the Board; (ii) all Members at any time there are no Members, unless to dissolve and wind up the Company is continued in accordance with the Act or this Agreement; or (iii) the entry of a decree of judicial dissolution pursuant to Section 18-802 affairs of the Act.Company; (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy Bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company, unless there is at least one remaining Member and the business of the Company shall not, in and is continued by the consent of itself, cause all remaining Members within 90 days following the Company’s dissolutionoccurrence of any such event; or (c) The occurrence of any other event that causes the dissolution of a limited liability company under the Act.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) the The written consent of at least two-thirds of the members of the BoardInitial Members to dissolve; (ii) at any time there are no Members, unless The Transfer of all or substantially all of the assets of the Company is continued in accordance with and the Act or this Agreementreceipt and distribution of all the proceeds therefrom; or (iii) the The entry of a decree of judicial dissolution pursuant to Section 18-802 of the Act. (b) The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.

Events Causing Dissolution. (a) The Company shall be dissolved and its affairs wound up upon the first to occur of the following events: (i) the The unanimous written consent of at least two-thirds of the members of the BoardMembers; (ii) at any time there are no Members, unless the Company is continued in accordance with the Act or this Agreement; or (iii) the entry of a decree of judicial dissolution of the Company pursuant to Section 18-802 of the Act. (b) The bankruptcy (as defined in Section 18-101 of the Act) of a Member shall not cause such Member to cease to be a member of the Company. The withdrawal, death, retirement, resignation, expulsion, bankruptcy or dissolution of any Member or the occurrence of any other event that terminates the continued membership of any Member in the Company shall not, in and of itself, cause the Company’s dissolution.