Common use of Liquidating Agent Clause in Contracts

Liquidating Agent. The liquidation of the Company shall be conducted and supervised by the Managers or if there is no Manager, then by a Person designated for such purposes by the Members who own or hold a majority of the Participation Interests (the Manager(s) or such Person designated to liquidate the Company is referred to as the “Liquidating Agent”). The Liquidating Agent hereby is authorized and empowered to execute any and all documents and to take any and all actions necessary or desirable to effectuate the dissolution and liquidation of the Company in accordance with this Agreement. Promptly after the termination of the Company, the Liquidating Agent shall cause to be prepared and furnished to the Members a statement setting forth the assets and liabilities of the Company as of the date of termination. The Liquidating Agent, to the extent practicable, shall liquidate the assets of the Company as promptly as possible, but in an orderly and businesslike manner so as not to involve undue sacrifice.

Liquidating Agent. The liquidation of the Company shall be conducted and supervised by the Managers or if there is no Manager, then by a Person designated for such purposes by the Members who own or hold a majority of the Participation Interests Limited Liability Company Agreement Xeres Management LLC (the Manager(s) or such Person designated to liquidate the Company is referred to as the “Liquidating Agent”). The Liquidating Agent hereby is authorized and empowered to execute any and all documents and to take any and all ail actions necessary or desirable to effectuate the dissolution and liquidation of the Company in accordance with this Agreement. Agreement Promptly after the termination of the Company, the Liquidating Agent shall cause to be prepared and furnished to the Members a statement setting forth the assets and liabilities of the Company as of the date of termination. The Liquidating Agent, to the extent practicable, shall liquidate the assets of the Company as promptly as possible, but in an orderly and businesslike manner so as not to involve undue sacrifice.

Liquidating Agent. The liquidation of the Company shall be conducted and supervised by the Managers or if there is no Manager, then by a Person designated for such purposes by the Members who own or hold a majority of the Participation Interests (the Manager(s) or such Person designated to liquidate the Company is referred to as the Limited Liability Company Agreement Whale Holdings LLC “Liquidating Agent”). The Liquidating Agent hereby is authorized and empowered to execute any and all documents and to take any and all actions necessary or desirable to effectuate the dissolution and liquidation of the Company in accordance with this Agreement. Promptly after the termination of the Company, the Liquidating Agent shall cause to be prepared and furnished to the Members a statement setting forth the assets and liabilities of the Company as of the date of termination. The Liquidating Agent, to the extent practicable, shall liquidate the assets of the Company as promptly as possible, but in an orderly and businesslike manner so as not to involve undue sacrifice.

Liquidating Agent. The liquidation of the Company shall be conducted and supervised by the Managers Managing Member or if there is no ManagerManaging Member, then by a Person designated for such purposes by the Members who own or hold a majority of the Participation Interests Member (the Manager(s) Managing Member or such Person designated to liquidate the Company is referred to as the “Liquidating Agent”). The Limited Liability Company Agreement Xeres Interests LLC Liquidating Agent hereby is authorized and empowered to execute any and all documents and to take any and all actions necessary or desirable to effectuate the dissolution and liquidation of the Company in accordance with this Agreement. Promptly after the termination of the Company, the Liquidating Agent shall cause to be prepared and furnished to the Members Member a statement setting forth the assets and liabilities of the Company as of the date of termination. The Liquidating Agent, to the extent practicable, shall liquidate the assets of the Company as promptly as possible, but in an orderly and businesslike manner so as not to involve undue sacrifice.

Liquidating Agent. The liquidation of the Company shall be conducted and supervised by the Managers Managing Member or if there is no ManagerManaging Member, then by a Person designated for such purposes by the Members who own or hold a majority of the Participation Interests Member (the Manager(s) Managing Member or such Person designated to liquidate the Company is referred to as the “Liquidating Agent”). The Limited Liability Company Agreement Whale Interests LLC Liquidating Agent hereby is authorized and empowered to execute any and all documents and to take any and all actions necessary or desirable to effectuate the dissolution and liquidation of the Company in accordance with this Agreement. Promptly after the termination of the Company, the Liquidating Agent shall cause to be prepared and furnished to the Members Member a statement setting forth the assets and liabilities of the Company as of the date of termination. The Liquidating Agent, to the extent practicable, shall liquidate the assets of the Company as promptly as possible, but in an orderly and businesslike manner so as not to involve undue sacrifice.

Liquidating Agent. The liquidation of the Company shall be conducted and supervised by the Managers Managing Member or if there is no ManagerManaging Member, then by a Person designated for such purposes by the Members who own or hold a majority of the Participation Interests Member (the Manager(s) Managing Member or such Person designated to liquidate the Company is referred to as the “Liquidating Agent”). The Liquidating Agent hereby is authorized and empowered to execute any and all documents and Limited Liability Company Agreement Xeres Ventures LLC to take any and all actions necessary or desirable to effectuate the dissolution and liquidation of the Company in accordance with this Agreement. Promptly after the termination of the Company, the Liquidating Agent shall cause to be prepared and furnished to the Members Member a statement setting forth the assets and liabilities of the Company as of the date of termination. The Liquidating Agent, to the extent practicable, shall liquidate the assets of the Company as promptly as possible, but in an orderly and businesslike manner so as not to involve undue sacrifice.