LIQUIDATION AND DISSOLUTION OF COMPANY Sample Clauses

LIQUIDATION AND DISSOLUTION OF COMPANY. In the event of the complete liquidation or dissolution of the Company other than by merger, any and all Options remaining outstanding and unexcited shall be deemed canceled without regard to and without limitation by any other provision of this Plan. GENERAL PROVISIONS This Plan constitutes the entire Plan and supersedes any prior understandings whether written or oral. No modification or claimed waiver of any of the provisions of this Plan shall be valid unless in writing and signed by the party against whom such modification or waiver is sought to be enforced. All notices required or permitted hereunder, unless otherwise specifically provided, may be given by mailing the same by United States registered or certified mail, return receipt requested, addressed to the President of the Company's principal office, and to each non- employee organizer or director and/or Participant at his latest address as shown on the records of the Company. Notices may also be given by personal delivery which, in the case of the Company, shall be to an executive officer of the Company. All notices by the Company to a non-employee organizer or director shall be deemed to have been given on the date of delivery to the United States Post Office or on the date of personal delivery, as the case may be. All notices by a non-employee organizer or director to the Company shall be deemed to have been given when received by the Company. The validity, interpretation, performance of, and any dispute connected with this Plan shall be governed by and construed in accordance with the laws of the State of Kansas. As used herein, the masculine gender shall be deemed to include the feminine. The titles appearing herein are for convenience only, and shall not be deemed to define, limit, construe or otherwise affect the other provisions of this Plan.
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LIQUIDATION AND DISSOLUTION OF COMPANY. In the event of the complete liquidation or dissolution of the Company other than by merger, any and all Options remaining outstanding and unexcited shall be deemed canceled without regard to and without limitation by any other provision of this Plan.
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LIQUIDATION AND DISSOLUTION OF COMPANY. 49 Section 11.1.
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LIQUIDATION AND DISSOLUTION OF COMPANY. Section 10.1.
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LIQUIDATION AND DISSOLUTION OF COMPANY 
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Related to LIQUIDATION AND DISSOLUTION OF COMPANY

  • Liquidation and Dissolution If the Company is liquidated, the assets of the Company shall be distributed to the Member or to a Successor or Successors.

  • Termination and Dissolution of the contract

  • Duration and Dissolution The Partnership shall be dissolved and its affairs shall be wound up upon the first to occur of the following:

  • Term and Dissolution (a) The term of the Partnership shall continue in full force and effect until December 31, 2039, except that the Partnership shall be dissolved upon the first to occur of any of the following events:

  • Procedure for Winding Up and Dissolution If the Company is dissolved, the affairs of the Company shall be wound up. On winding up of the Company, the assets of the Company shall be distributed, first, to creditors of the Company in satisfaction of the liabilities of the Company, and then to the person(s) who is/are the Member(s) of the Company in proportion to the Member’s(s’) Interests.

  • Mergers and Dissolutions (a) Enter into a transaction of merger or consolidation, except that:

  • Dissolution and Winding Up The Company shall dissolve and its business and affairs shall be wound up pursuant to a written instrument executed by the Member. In such event, after satisfying creditors, all remaining assets shall be distributed to the Member.

  • Dissolution of Company (a) The Company shall be dissolved, wound up and terminated as provided herein upon the first to occur of the following:

  • Dissolution and Liquidation Section 12.1 Dissolution 84 Section 12.2 Continuation of the Business of the Partnership After Dissolution 84 Section 12.3 Liquidator 85 Section 12.4 Liquidation 85 Section 12.5 Cancellation of Certificate of Limited Partnership 86 Section 12.6 Return of Contributions 86 Section 12.7 Waiver of Partition 86 Section 12.8 Capital Account Restoration 86

  • Winding Up, Liquidation and Distribution of Assets (a) Upon dissolution, an accounting shall be made by the Company’s independent accountants of the accounts of the Company and of the Company’s assets, liabilities and operations, from the date of the last previous accounting until the date of dissolution. The Manager shall immediately proceed to wind up the affairs of the Company.

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