Method of Distribution Upon Winding Up. Upon termination of the Company pursuant to Section 12.1 above, the assets of the Company and proceeds of any liquidation shall be applied and distributed in the following manner and order of priority:
Appears in 3 contracts
Samples: Operating Agreement (Everflow Eastern Partners Lp), Operating Agreement (Everflow Eastern Partners Lp), Operating Agreement (Everflow Eastern Partners Lp)
Method of Distribution Upon Winding Up. Upon termination of the Company pursuant to Section 12.1 aboveCompany, the assets of the Company and the proceeds of any liquidation shall be applied and distributed in the following manner and order of priority:
Appears in 3 contracts
Samples: Agreement of Limited Liability Company (CVG Oregon, LLC), Agreement of Limited Liability Company (CVG Oregon, LLC), Agreement of Limited Liability Company (CVG Oregon, LLC)