Common use of Termination of the Company Clause in Contracts

Termination of the Company. In the event of (i) the occurrence of a Dissolution Event (as defined herein) or (ii) subject to Section 7.5, the written consent to a dissolution by the Member, the Company shall be terminated on the 90th day after the occurrence of such event; provided, however, in all cases, the Special Executive shall have the right to continue the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Williams Scotsman Inc), Limited Liability Company Agreement (Mobile Field Office Co)

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Termination of the Company. In the event of (i) the occurrence of a Dissolution Event (as defined herein) or (ii) subject to in Section 7.5, the written consent to a dissolution by the Member12.2), the Company shall be terminated on the 90th day after the occurrence of such event; provided, however, in all cases, event unless the Special Executive shall have remaining Members prior to the right close of business on such 90th day elect to continue the Companybusiness of the Company by the affirmative agreement of the Majority Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grove Investors Capital Inc)

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Termination of the Company. In the event of (i) the occurrence of a Dissolution Event (as defined herein) or (ii) subject to Section 7.5, the Upon written consent to a dissolution by the Member, the Company shall be terminated on the 90th day after the occurrence of such event; provided, however, in all cases, the Special Executive shall have the right to continue the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Venetian Casino Resort LLC)

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