Sale or Other Disposition of All Assets. Notwithstanding anything in Section 3.6 to the contrary, gain or loss of the Company realized in connection with the sale or other disposition of all or substantially all Company Property and/or the liquidation of the Company shall be allocated only to Members who own Interests as of the date such transaction occurs.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Longview Clinic Operations Company, LLC), Limited Liability Company Agreement (Quorum Health Group Inc), Limited Liability Company Agreement (Quorum Health Group Inc)
Sale or Other Disposition of All Assets. Notwithstanding anything in Section 3.6 section 5.7 to the contrary, gain or loss of the Company realized in connection with the sale or other disposition of all or substantially all Company Property the Company's assets (other than in the usual or regular course of the Company's business) and/or the liquidation of the Company shall be allocated only to Members holders of Financial Rights who own Interests as of interests on the date such transaction occurs.
Appears in 2 contracts
Samples: Operating Agreement (Dynamic Associates Inc), Operating Agreement (Dynamic Associates Inc)
