Common use of Events Triggering Dissolution Clause in Contracts

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. the written consent of the Member; or 10.1.2. the entry of a decree of judicial dissolution under the Act The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Company.

Appears in 17 contracts

Samples: Limited Liability Company Agreement (Resource Well Services, LLC), Limited Liability Company Agreement (Atlas Energy Tennessee, LLC), Limited Liability Company Agreement (Atlas Energy Tennessee, LLC)

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Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following following: (“Liquidating Events”): 10.1.1. a) the written consent of the Member; or; 10.1.2. (b) the entry of a decree of judicial dissolution under Section 18-802 of the Act Act. The Company shall not be dissolved for any other reason, including including, without limitation, the Member Member’s becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Atlas Energy Tennessee, LLC), Limited Liability Company Agreement (Atlas Energy Tennessee, LLC), Limited Liability Company Agreement (Atlas Energy Tennessee, LLC)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following following: (“Liquidating Events”): 10.1.1. a) the written consent of the Member; or 10.1.2. (b) the entry of a decree of judicial dissolution under the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement (Oasis Midstream Partners LP), Limited Liability Company Agreement

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. (a) the written consent of the Member; or; 10.1.2. (b) the entry of a decree of judicial dissolution as set forth under the Act Pennsylvania Limited Liability Company Act. The Company shall not be dissolved for any other reasonreason including, including without limitation, the Member Members becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/), Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/), Operating Agreement (Commonwealth Telephone Enterprises Inc /New/)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. (a) the written consent of the Member; or 10.1.2. (b) the entry of a decree of judicial dissolution under Section 8972 of the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member Member’s becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Company.

Appears in 2 contracts

Samples: Operating Agreement (Exelon Generation Co LLC), Operating Agreement (Exelon Corp)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. 12.1.1 the written consent of the Member; or 10.1.2. 12.1.2 the entry of a decree of judicial dissolution under the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Atlas Barnett, LLC), Limited Liability Company Agreement (Atlas Resource Partners, L.P.)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following following: (“Liquidating Events”): 10.1.1. a) the written consent of the MemberBoard of Directors; or 10.1.2. (b) the entry of a decree of judicial dissolution under the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Talos Resources LLC), Limited Liability Company Agreement (Talos Resources LLC)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. the written consent of the Member; or 10.1.2. the entry of a decree of judicial dissolution under the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (APL SouthTex Pipeline Co LLC), Limited Liability Company Agreement (APL SouthTex Pipeline Co LLC)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following following: (“Liquidating Events”): 10.1.1. a) the written consent of the Member; or; 10.1.2. (b) the entry of a decree of judicial dissolution under Section 8972 of the Act Act. The Company shall not be dissolved for any other reason, including including, without limitation, the Member Member’s becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 2 contracts

Samples: Operating Agreement (Atlas Energy Tennessee, LLC), Operating Agreement (Atlas Energy Tennessee, LLC)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following following: (“Liquidating Events”): 10.1.1. a) the written consent of the Member; or; 10.1.2. (b) the entry of a decree of judicial dissolution under Section 8972 of the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member Member's becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 1 contract

Samples: Operating Agreement (Atlas America Public #15-2005 Program)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following ("Liquidating Events”): 10.1.1. "): (a) the written consent of the Member; or 10.1.2. (b) the entry of a decree of judicial dissolution under Section 8972 of the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member Member's becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s 's membership interest in the Company.

Appears in 1 contract

Samples: Operating Agreement (Allegheny Energy Inc)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. 10.1.1 the written consent of the Member; or 10.1.2. 10.1.2 the entry of a decree of judicial dissolution under the Act The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlas Barnett, LLC)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following following: (“Liquidating Events”): 10.1.1. a) the written consent of the Member; or; 10.1.2. (b) the entry of a decree of judicial dissolution under Section 1705.47 of the Act Act. The Company shall not be dissolved for any other reason, including including, without limitation, the Member Member’s becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 1 contract

Samples: Operating Agreement (Atlas Energy Tennessee, LLC)

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Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following following: (“Liquidating Events”): 10.1.1. a) the written consent of the MemberMembers; or 10.1.2. (b) the entry of a decree of judicial dissolution under Section 18-802 of the Act Act. The Company shall not be dissolved for any other reason, including including, without limitation, the a Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 1 contract

Samples: Limited Liability Company Agreement (LEAF Equipment Finance Fund 4, L.P.)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. 10.1.1 the written consent of the Member; or 10.1.2. 10.1.2 the entry of a decree of judicial dissolution under the Act TBOC. The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of the Member’s membership interest in the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (APL SouthTex Pipeline Co LLC)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. (a) the written consent of the Member; or 10.1.2. (b) the entry of a decree of judicial dissolution under Section 18-802 of the Act LLC Act. The Company shall not be dissolved for any other reason, including without limitation, the Member Member’s becoming bankrupt or executing an assignment for the benefit of creditors creditors, and any such bankruptcy or assignment shall not effect a transfer of any portion of the Member’s membership interest in the Company.

Appears in 1 contract

Samples: Operating Agreement (HFF, Inc.)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation liquidating upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. the written consent (a) majority of the Membervote; orand 10.1.2. the (b) entry of a decree of judicial dissolution under pursuant to the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member a Member’s becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of a Member’s membership interest Membership Units in the Company.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Conversion Labs, Inc.)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.111.1.1. the written consent of the both the Class A Member and the Class B Member; or 10.1.211.1.2. the entry of a decree of judicial dissolution under the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the a Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of a Member’s membership interest in the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlas Pipeline Partners Lp)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following (“Liquidating Events”): 10.1.1. 10.1.1 the written consent of the Member; or 10.1.2. 10.1.2 the entry of a decree of judicial dissolution under the Act Act. The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of the Member’s membership interest in the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (APL SouthTex Pipeline Co LLC)

Events Triggering Dissolution. The Company shall dissolve and commence winding up and liquidation upon the first to occur of any of the following following: (“Liquidating Events”): 10.1.1. a) the written consent of the Member; or 10.1.2. (b) the entry of a decree of judicial dissolution under the Act DLLCA. The Company shall not be dissolved for any other reason, including without limitation, the Member becoming bankrupt or executing an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of Member’s membership interest in the Companycreditors.

Appears in 1 contract

Samples: Limited Liability Company Agreement (U.S. Well Services Holdings, LLC)

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