Term of Company. The term of the Company shall continue until the sixth anniversary of the Initial Closing Date, unless such term is extended as provided in this 8.1, or unless the Company is sooner dissolved as provided in 8.2 or by operation of law. The term of the Company may be extended for two additional one-year periods by the Company upon written notice to the Members at least 90 days prior to the expiration of the term or the end of the first one-year period, as the case may be. Thereafter, the term of the Company may be extended by the Company for successive one-year periods, in each case with the vote or consent of a Supermajority in Interest of the Common Unitholders.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (TCW Direct Lending VII LLC), Limited Liability Company Agreement (TCW Direct Lending VII LLC), Limited Liability Company Agreement
Term of Company. The term of the Company shall continue until the sixth anniversary of the Initial Final Closing Date, unless such term is extended as provided in this 8.1, or unless the Company is sooner dissolved as provided in 8.2 or by operation of law. The term of the Company may be extended for two additional one-year periods by the Company upon written notice to the Members at least 90 days prior to the expiration of the term or the end of the first one-year period, as the case may be. Thereafter, the term of the Company may be extended by the Company for successive one-year periods, in each case with the vote or consent of a Supermajority in Interest of the Common Unitholders.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (TCW Direct Lending VIII LLC), Limited Liability Company Agreement (TCW Direct Lending VIII LLC)
