Events Causing Dissolution. The Company shall be dissolved upon the happening of any of the following events (each a “Dissolution Event”): (i) the adoption of a resolution by the Board of Directors approving the dissolution of the Company; (ii) the operations of the Company shall cease to constitute legal activities under the Act or any other applicable law (as determined by the Board of Directors); (iii) at any time there are no members of the Company unless the Company is continued without dissolution in accordance with the Act; or (iv) the entry of a decree of judicial dissolution of the Company under Section 18-802 of the Act.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC), Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC), Limited Liability Company Agreement (KKR Private Equity Conglomerate LLC)
Events Causing Dissolution. The Company shall be dissolved upon the happening of any of the following events (each a “Company Dissolution Event”):
(i) the adoption of a resolution by the Board of Directors approving the dissolution of the CompanyCompany and the approval of such action by V Members holding a majority of the outstanding V Shares;
(ii) the operations of the Company shall cease to constitute legal activities under the Act or any other applicable law (as determined by the Board of Directors);
(iii) at any time there are no members of the Company unless the Company is continued without dissolution in accordance with the Act; or
(iv) the entry of a decree of judicial dissolution of the Company under Section 18-802 of the Act.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Apollo Asset Backed Credit Co LLC), Limited Liability Company Agreement (Apollo Asset Backed Credit Co LLC), Limited Liability Company Agreement (Apollo Infrastructure Co LLC)
Events Causing Dissolution. The Company shall be dissolved and its affairs shall be wound up upon the happening occurrence of any of the following events (each each, a “Dissolution Event”):
(i) the adoption of a resolution by the Board of Directors approving the dissolution of the Company;
(ii) the operations of the Company shall cease to constitute legal activities under the Act or any other applicable law (as determined by the Board of Directors);
(iii) at any time there are no members of the Company unless the Company is continued without dissolution in accordance with the Act; or
(iva) the entry of a decree of judicial dissolution of the Company under Section 18-802 of the Act; or
(b) any other event not inconsistent with any provision hereof causing a dissolution of the Company under the Act.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Edgen Group Inc.), Limited Liability Company Operating Agreement (Edgen Group Inc.)