Common use of Status and Duration Clause in Contracts

Status and Duration. (a) The Company is a separate legal entity whose existence commenced upon the filing of the Certificate and shall continue until the Certificate is canceled. The Liquidating Trustee shall cause the Certificate to be canceled at the time and in the manner prescribed by Section 18-203 of the Act.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (Secured Real Estate Income Strategies, LLC), Limited Liability Company Operating Agreement (Secured Real Estate Income Fund II, LLC), Limited Liability Company Operating Agreement (Secured Real Estate Income Fund II, LLC)

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Status and Duration. (a) The Company is a separate legal entity whose existence commenced upon the filing of the Certificate and shall continue until the Certificate is canceled. The Liquidating Trustee shall cause the Certificate to be canceled at the time and in the manner prescribed by Section 18-203 of the Act.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC), Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC), Limited Liability Company Agreement (American Homeowner Preservation 2015A LLC)

Status and Duration. (a) The Company is shall be a separate legal entity whose existence commenced upon the filing of the Certificate and shall continue until the Certificate is canceled. The Liquidating Trustee Certificate shall cause the Certificate to be canceled at the time and in the manner prescribed by Section 18-203 of the Act.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Status and Duration. (a) The Company is and shall continue to be a separate legal entity whose existence commenced upon the filing of the Certificate and whose existence shall continue until the Certificate is canceled. The Liquidating Trustee Liquidator shall cause the Certificate to be canceled at the time and in the manner prescribed by Section 181 8-203 of the ActAct promptly after the conclusion of the winding up of the Company in accordance with the provisions of Article XII.

Appears in 1 contract

Samples: Limited Liability Company Agreement (PREMIER NUTRITION Corp)

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