Common use of Liquidating Events Clause in Contracts

Liquidating Events. The Company shall be dissolved and commence winding up and liquidating upon the affirmative vote of at least sixty-six and two-thirds percent (66.67%) of the Class A Members voting at a duly called meeting. As further provided in Article III herein, the dissociation and termination of the continued membership of a Member shall not cause the dissolution of the Company and shall not require the Company's business to be wound-up, so long as the Company has the minimum number of Members required under applicable state law within ninety (90) days following the Event of Dissociation.

Liquidating Events. The Company shall be dissolved and commence winding up and liquidating upon the affirmative vote of at least sixty-six and two-thirds percent (66.67%) of the Class A Members voting at a duly called meeting. As further provided in Article III herein, the dissociation and termination of the continued membership of a Member shall not cause the dissolution of the Company and shall not require the Company's business to be wound-up, so long as the Company has the minimum number of Members required under applicable state law within ninety (90ninety(90) days following the Event of Dissociation.