Right to Cause Dissolution; Events of Dissolution Sample Clauses

Right to Cause Dissolution; Events of Dissolution. 9.1.1 Notwithstanding any agreement herein to the contrary, no Partner shall have the right, and each Partner hereby agrees not, to cause the winding up of, or to dissolve, terminate or liquidate the Partnership, or to petition a court for the winding up, dissolution, termination or liquidation of the Partnership. The Partnership shall not be dissolved by the admission of additional Partners or substitute Partners in accordance with the terms of this Agreement.
AutoNDA by SimpleDocs
Right to Cause Dissolution; Events of Dissolution. 9.1.1 Notwithstanding any agreement herein to the contrary, except as provided in Section 9.1.2, no Member shall have the right, and each Member hereby agrees not, to cause the winding up of, or to dissolve, terminate or liquidate the Company, or to petition a court for the winding up, dissolution, termination or liquidation of the Company. The Company shall not be dissolved by the admission of additional Members or substitute Members in accordance with the terms of this Agreement. To the extent permitted by Law, neither the withdrawal nor the termination of a Member (other than the last remaining Member) shall cause the dissolution or winding up of the Company.

Related to Right to Cause Dissolution; Events of Dissolution

  • Events of Dissolution The Company shall be dissolved upon the happening of any of the following events:

  • Dissolution Events The Company will be dissolved upon the happening of any of the following events:

  • Dissolution Event If there is a Dissolution Event before the termination of this Safe, the Investor will automatically be entitled (subject to the liquidation priority set forth in Section 1(d) below) to receive a portion of Proceeds equal to the Cash-Out Amount, due and payable to the Investor immediately prior to the consummation of the Dissolution Event.

  • Events Causing Dissolution Subject to Section 9.2, the Company shall be dissolved upon the first of the following events to occur:

  • Dissolution Winding Up Termination 27 8.1 Dissolution.......................................................................27 8.2

  • Termination and Dissolution of the contract

  • Dissolution Termination and Liquidation 30 Section 8.1. Dissolution and Termination 30 Section 8.2. Liquidator 30 Section 8.3. Liquidation of the Company 31 Section 8.4. Cancellation of Certificate of Formation 32 Section 8.5. Return of Contributions 32 Section 8.6. Waiver of Partition 32 ARTICLE IX AMENDMENT OF AGREEMENT 32 Section 9.1. General 32 Section 9.2. Super-Majority Amendments 33 Section 9.3. Amendments to be Adopted Solely by the Manager 33 Section 9.4. Certain Amendment Requirements 34

  • Dissolution Winding Up and Termination (a) On the occurrence of a Dissolution Event, the Board shall act as liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of winding up shall be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the Members. The steps to be accomplished by the liquidator are as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.