Events That Trigger Dissolution of the LLC Sample Clauses

Events That Trigger Dissolution of the LLC. The following events shall trigger dissolution of the LLC, except as provided: (a) the death, permanent incapacity, bankruptcy, retirement, resignation or expulsion of a member, except that within of the happening of any of these events, all remaining members of the LLC may vote to continue the legal existence of the LLC, in which case the LLC shall not dissolve; (b) the expiration of the term of existence of the LLC if such term is specified in the Articles of Organization, Certificate of Formation or a similar organizational document, or this operating agreement; (c) the written agreement of all members to dissolve the LLC; (d) entry of a decree of dissolution of the LLC under state law.
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Events That Trigger Dissolution of the LLC. The following events shall trigger a dissolution of the LLC, except as provided: (a) by Majority-in-Interest Consent of the Class "A" Members involving the super majority of 66% of such Class A member units.; (b) entry of a decree of final dissolution of the Company under Section of the LLC Act; or (c) at the time specified in the Company's articles of organization, which shall be none. (d) or as set forth in Article XIV below.
Events That Trigger Dissolution of the LLC. The following events shall trigger dissolution of the LLC, except as provided: (a) the death, permanent incapacity, bankruptcy, retirement, resignation or expulsion of a member; (b) the sale/purchase of the trade secret intellectual property owned by the LLC; (c) the written agreement of all members to dissolve the LLC; (d) entry of a decree of dissolution of the LLC under state law.
Events That Trigger Dissolution of the LLC. The following events shall trigger a dissolution of the LLC, except as provided:
Events That Trigger Dissolution of the LLC. The following events shall trigger dissolution of the LLC, except as provided: (a) the death, permanent incapacity, bankruptcy, retirement, resignation or expulsion of a member, except that within 90 days of the happening of any of these events, all remaining members of the LLC may vote to continue the legal existence of the LLC, in which case the LLC shall not dissolve; (b) the written agreement of all members to dissolve the LLC; (c) entry of a decree of dissolution of the LLC under state law. Received by NSD/FARA Registration Unit 05/24/2019 1:52:25 PM Received by NSD/FARA Registration Unit 05/24/2019 1:52:25 PM

Related to Events That Trigger Dissolution of the LLC

  • Dissolution Event If there is a Dissolution Event before the termination of this Safe, the Investor will automatically be entitled (subject to the liquidation priority set forth in Section 1(d) below) to receive a portion of Proceeds equal to the Cash-Out Amount, due and payable to the Investor immediately prior to the consummation of the Dissolution Event.

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