Common use of Events Giving Rise to Dissolution Clause in Contracts

Events Giving Rise to Dissolution. The Company shall dissolve upon the first to occur of the following, and upon no other event or occurrence: 6.2.1. The written election by the Member to dissolve the Company; 6.2.2. Any event that makes it unlawful for the business of the Company to be carried on by the Member; 6.2.3. At any time there are no members; provided, however, that the Company is not dissolved and shall not be required to be wound up if, within ninety (90) days after the occurrence of the event that terminated the continued membership of the last remaining member, the representative of the last remaining member agrees in writing to continue the Company and to the admission of the personal representative of such member or its nominee or designee to the Company as a member, effective as of the occurrence of the event that terminated the continued membership of the last remaining member; 6.2.4. The entry of a decree of judicial dissolution under the Act; or 6.2.5. As otherwise specified in the Act.

Events Giving Rise to Dissolution. The Company shall dissolve upon the first to occur of the following, and upon no other event or occurrence: 6.2.1. 6.2.1 The written election by the Member to dissolve the Company; 6.2.2. 6.2.2 Any event that makes it unlawful for the business of the Company to be carried on by the Member; 6.2.3. 6.2.3 At any time there are no members; provided, however, that the Company is not dissolved and shall not be required to be wound up if, within ninety (90) days after the occurrence of the event that terminated the continued membership of the last remaining member, the representative of the last remaining member agrees in writing to continue the Company and to the admission of the personal representative of such member or its nominee or designee to the Company as a member, effective as of the occurrence of the event that terminated the continued membership of the last remaining member; 6.2.4. 6.2.4 The entry of a decree of judicial dissolution under the Act; or 6.2.5. 6.2.5 As otherwise specified in the Act.