Liquidation and Dissolution. Except as otherwise provided in this Section 13, the Company shall continue in perpetuity. The Company shall be dissolved and its affairs wound up upon the first to occur of (i) the written consent of the Managing Member; or (ii) the entry of a decree of judicial dissolution under Section 18-802 of the Act.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (United Maritime Group, LLC), Limited Liability Company Agreement (United Maritime Group, LLC), Limited Liability Company Agreement (United Maritime Group, LLC)
Liquidation and Dissolution. Except as otherwise provided in this Section 13, the Company shall continue in perpetuity. The Company shall be dissolved and its affairs wound up upon the first to occur of (i) the following:
1. The sale, transfer or other disposition of all or substantially all the assets of the Company;
2. The written consent of the Managing MemberMember to dissolve the Company; or (ii) the or
3. The entry of a decree of judicial dissolution under Section 18§ 34-802 207 of the Act.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Broadview Networks Holdings Inc), Limited Liability Company Agreement (Broadview Networks Holdings Inc), Limited Liability Company Agreement (Broadview Networks Holdings Inc)
Liquidation and Dissolution. Except as otherwise provided in this Section 1315, the Company shall continue in perpetuity. The Company shall be dissolved and its affairs wound up upon the first to occur of the following:
(ia) The sale, transfer or other disposition of all or substantially all the assets of the Company;
(b) The written consent of the Managing MemberMembers to dissolve the Company; or or
(iic) the The entry of a decree of judicial dissolution under Section 18-802 of the Act.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ambase Corp), Limited Liability Company Agreement (Ambase Corp)
Liquidation and Dissolution. Except as otherwise provided in this Section 1315, the Company shall continue in perpetuity. The Company shall be dissolved and its affairs wound up upon the first to occur of (i) the written consent of the Managing MemberMembers to dissolve the Company; or (ii) the entry of a decree of judicial dissolution under Section 18-802 of the ActAct or (iii) the sale, transfer or other disposition of all or substantially all the assets of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cogdell Spencer Inc.)
Liquidation and Dissolution. Except as otherwise provided in this Section 1314, the Company shall continue in perpetuity. The Company shall be dissolved and its affairs wound up upon the first to occur of the following:
(i) The sale, transfer or other disposition of all or substantially all the assets of the Company;
(ii) The written consent of the Managing MemberSole Member to dissolve the Company; or or
(iiiii) the The entry of a decree of judicial dissolution under Section 18-802 of the Act.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Colony Resorts LVH Acquisitions LLC)
Liquidation and Dissolution. Except as otherwise provided in this Section 13, the Company shall continue in perpetuity. The Company shall be dissolved and its affairs wound up upon the first to occur of (i) the written consent of the Managing Member; or (ii) the entry of a decree of judicial dissolution under Section 18-802 12:1335 of the Act.
Appears in 1 contract
Liquidation and Dissolution. Except as otherwise provided in this Section 1315, the Company shall continue in perpetuity. The Company shall be dissolved and its affairs wound up upon the first to occur of (i) the written consent of the Managing Member; or (ii) the entry of a decree of judicial dissolution under Section 18-802 of the Act.
Appears in 1 contract
