Liquidator. The Board, or, if the Board is unable to do so, an Entity or person selected by a majority vote of the Members, shall act as the “Liquidator” of the Council. The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Council’s assets and to wind up and liquidate the affairs of the Council in an orderly manner.
Appears in 19 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Liquidator. The Board, or, if the Board is unable to do so, an Entity or person a Person selected by the holders of a majority vote of the MembersCommon Units, shall act as liquidator to wind up the Company (the “Liquidator” of the Council”). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the CouncilCompany’s assets and to wind up and liquidate the affairs of the Council Company in an orderly and business-like manner.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Longeveron LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (Shepherd's Finance, LLC)
Liquidator. The Board, or, if the Board is unable to do so, an Entity or person a Person selected by a majority vote of the Members, shall act as the “Liquidator” of the Council. The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Council’s assets and to wind up and liquidate the affairs of the Council in an orderly manner.
Appears in 6 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Liquidator. The Board, or, if the Board is unable to do so, an Entity or person a Person selected by a majority vote holders of 50% of the MembersVoting Shares, shall act as liquidator to wind up the Company (the “Liquidator” of the Council”). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the CouncilCompany’s assets and to wind up and liquidate the affairs of the Council Company in an orderly and business-like manner.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Canopy Growth Corp), Limited Liability Company Agreement (Canopy Growth Corp), Limited Liability Company Agreement (Canopy Growth Corp)
Liquidator. The Board, or, if the Board is unable to do so, an Entity or person a Person selected by the holders of a majority vote of the MembersCommon Units, shall act as liquidator to wind up the “Company (the "Liquidator” of the Council"). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Council’s Company's assets and to wind up and liquidate the affairs of the Council Company in an orderly and business-like manner.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Good Hemp, Inc.), Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC)
Liquidator. The Board, or, if the Board is unable to do so, an Entity or person a Person selected by a majority vote of the Members, shall act as the “Liquidator” of the Council. The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Council’s assets and to wind up and liquidate the affairs of the Council in an orderly manner.o...
Appears in 1 contract
Samples: Limited Liability Company Agreement
