Common use of Liquidation and Dissolution Clause in Contracts

Liquidation and Dissolution. 4.5.1 If the Company is liquidated, the assets of the Company shall be distributed to the Members in accordance with the terms of Section 4.1 (subject to the effect of Section 4.3(d), above).

Appears in 3 contracts

Samples: Operating Agreement (Fair-Haired Dumbbell LLC), Operating Agreement (Fair-Haired Dumbbell LLC), Operating Agreement (Fair-Haired Dumbbell LLC)

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Liquidation and Dissolution. 4.5.1 If the Company is liquidated, the assets of the Company shall be distributed to the Members Member as provided in accordance with the terms of Section 4.1 (subject to the effect of Section 4.3(d), above)6.3.

Appears in 2 contracts

Samples: Operating Agreement (Secureinfo Corp), Sub LLC Operating Agreement (SAT Corp)

Liquidation and Dissolution. 4.5.1 4.3.1 If the Company is liquidated, the assets of the Company shall be distributed to the Members as provided in accordance with the terms of Section 4.1 (subject to the effect of Section 4.3(d), above)6.2 hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Gramercy Property Trust Inc.), Agreement and Plan of Merger (Chambers Street Properties)

Liquidation and Dissolution. 4.5.1 4.2.1. If the Company is liquidated, the assets of the Company shall be distributed to the Members in accordance with the terms of Section 4.1 (subject to the effect of Section 4.3(d), above)Member.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (NGL Crude Terminals, LLC), Limited Liability Company Operating Agreement (NGL Crude Terminals, LLC)

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Liquidation and Dissolution. 4.5.1 4.4.1. If the Company is dissolved and liquidated, the assets of the Company shall be distributed to the Members Economic Interest Holders in accordance with the terms provisions of Section 4.1 (subject to the effect of Section 4.3(d), above)4.2.3.4.

Appears in 1 contract

Samples: Operating Agreement (Casino America Inc)

Liquidation and Dissolution. 4.5.1 4.4.1. If the Company is liquidated, the assets of the Company shall be distributed to the Members in accordance with the terms of Section 4.1 (subject to the effect of Section 4.3(d4.2(d), above).

Appears in 1 contract

Samples: Operating Agreement

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