Common use of Liquidation and Dissolution Clause in Contracts

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.

Appears in 46 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement (Trestle Transport, Inc.)

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

Appears in 35 contracts

Samples: Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.), Operating Agreement (Trestle Transport, Inc.)

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.

Appears in 5 contracts

Samples: Operating Agreement (Rebuild Miami-Edgewater, LLC), Operating Agreement (HSI IP, Inc.), Operating Agreement (Ruth's Chris Steak House Texas, L.P.)

Liquidation and Dissolution. If the Company is liquidateddissolved, the assets of the Company shall be distributed to the Member or Members in proportion to a Successor its or Successorstheir Membership Interests after satisfaction of the creditors of the Company in accordance with applicable law.

Appears in 3 contracts

Samples: Operating Agreement (Inland Diversified Real Estate Trust, Inc.), Operating Agreement (Inland Real Estate Corp), Operating Agreement (Inland American Real Estate Trust, Inc.)

Liquidation and Dissolution. If the Company is liquidated, the assets of the Company shall be distributed to the Member Members or to a Successor or SuccessorsSuccessors in accordance with the Code and Treasury Regulations.

Appears in 1 contract

Samples: Operating Agreement (Trestle Transport, Inc.)

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

Appears in 1 contract

Samples: Operating Agreement (BioExpress, LLC)

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

Appears in 1 contract

Samples: Operating Agreement (Redi-Mix, LLC)

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

Appears in 1 contract

Samples: Operating Agreement (Trestle Transport, Inc.)

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