Procedure for Winding Up and Dissolution. If the Company is dissolved, the Management Committee shall wind up its affairs. On winding up of the Company, the assets of the Company shall be distributed, first to creditors of the Company, including Interest Holders who are creditors, in satisfaction of the liabilities of the Company, and then, to the Interest Holders in accordance with section 4.4 of this Agreement.
Appears in 3 contracts
Samples: Operating Agreement (InSight Imaging Services Corp.), Operating Agreement (InSight Imaging Services Corp.), Operating Agreement (InSight Imaging Services Corp.)
Procedure for Winding Up and Dissolution. If the Company is dissolved, the Management Committee Board of Managers shall wind up its affairs. On winding up of the Company, the assets of the Company shall be distributed, first first, to creditors of the Company, including Interest Holders Members who are creditors, in satisfaction of the liabilities of the Company, and then, then to the Interest Holders Members in accordance with section 4.4 of this AgreementSection 4.4.
Appears in 1 contract
Samples: Operating Agreement (Concentra Corp)
