Events Requiring Winding Up. (a) The Company shall be wound up upon the first to occur of the following: (i) the written consent of the Members, (ii) the retirement, resignation of dissolution of the Members, or the occurrence of any other event which terminates the continued membership of the Members, in the Company unless the business of the Company is continued in a manner permitted by the Act, or (iii) the entry of a decree by a court requiring the winding up or dissolution of the Company under the Act.
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Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC), Limited Liability Company Agreement (NCA Resources Development Co LLC)
Events Requiring Winding Up. (a) The Company shall be wound up upon the first to occur of the following: (i) the written consent of the MembersMember, (ii) the retirement, resignation of or dissolution of the MembersMember, or the occurrence of any other event which terminates the continued membership of the MembersMember, in the Company unless the business of the Company is continued in a manner permitted by the Act, or (iii) the entry of a decree by a court requiring the winding up or dissolution of the Company under the Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC)
Events Requiring Winding Up. (a) The Company shall be wound up upon the first to occur of the following: (i) the written consent of the Members, (ii) the retirement, resignation of or dissolution of the Members, or the occurrence of any other event which terminates the continued membership of the Members, in the Company unless the business of the Company is continued in a manner permitted by the Act, or (iii) the entry of a decree by a court requiring the winding up or dissolution of the Company under the Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (NCA Resources Development Co LLC)