Common use of Sale of Assets Upon Dissolution Clause in Contracts

Sale of Assets Upon Dissolution. Following the dissolution of the Company, the Company shall be wound up and the Board shall determine whether the assets of the Company are to be sold or whether some or all of such assets are to be distributed to the Member in kind in liquidation of the Company.

Appears in 116 contracts

Samples: Limited Liability Company Agreement (Triad of Oregon, LLC), Limited Liability Company Agreement (Triad of Oregon, LLC), Limited Liability Company Agreement (Triad of Oregon, LLC)

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Sale of Assets Upon Dissolution. Following the dissolution of the Company, the Company shall be wound up and the Board shall determine whether the assets of the Company are to be sold or whether some or all of such assets are to be distributed to the Member Interest Holders in kind in liquidation of the Company.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (Triad of Oregon, LLC), Limited Liability Company Agreement (Triad of Oregon, LLC), Limited Liability Company Agreement (Hospital of Fulton, Inc.)

Sale of Assets Upon Dissolution. Following the dissolution of the Company, the Company shall be wound up and the Board Member shall determine whether the assets of the Company are to be sold or whether some or all of such assets are to be distributed to the Member in kind in liquidation of the Company.

Appears in 3 contracts

Samples: Operating Agreement (Radiation Therapy Services Holdings, Inc.), Operating Agreement (Radiation Therapy Services Holdings, Inc.), Limited Liability Company Agreement (Community Health Investment CORP)

Sale of Assets Upon Dissolution. Following the dissolution of the Company, the Company shall be wound up and the Board Management Committee shall determine whether the assets of the Company are to be sold or whether some or all of such assets are to be distributed to the Member Members in kind in liquidation of the Company.

Appears in 3 contracts

Samples: Operating Agreement (Atria Communities Inc), Operating Agreement (Atria Communities Inc), Operating Agreement (Atria Communities Inc)

Sale of Assets Upon Dissolution. Following the dissolution of the Company, the Company shall be wound up and the Board Managers shall determine whether the assets of the Company are to be sold or whether some or all of such assets are to be distributed to the Member Managers in kind in liquidation of the Company.

Appears in 2 contracts

Samples: Operating Agreement (THM Homes Inc), Operating Agreement (THM Homes Inc)

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Sale of Assets Upon Dissolution. Following the dissolution of the Company, the Company shall be wound up and the Board shall determine whether the assets of the Company are to be sold or whether some or all of such assets are to be distributed to the Member Members in kind in liquidation of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (BHC Meadows Partner Inc), Operating Agreement (BHC Meadows Partner Inc)

Sale of Assets Upon Dissolution. Following the dissolution of the Company, the Company shall be wound up and the Board of Directors shall determine whether the assets of the Company are to be sold or whether some or all of such assets are to be distributed to the Member in kind in liquidation of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BHC Meadows Partner Inc)

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