Common use of Reasonable Time for Winding Up Clause in Contracts

Reasonable Time for Winding Up. The Members will allow a reasonable amount of time for the orderly winding up of the Company’s business and affairs and the liquidation of its assets pursuant to Section 12.2 to minimize any losses otherwise attendant upon such winding up.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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Reasonable Time for Winding Up. The Members Unitholders will allow a reasonable amount of time for the orderly winding up of the Company’s business and affairs and the liquidation of its assets pursuant to Section 12.2 13.2 to minimize any losses otherwise attendant upon such winding up.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ardent Health Partners, LLC), Limited Liability Company Agreement (Ardent Health Partners, LLC)

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