Termination of the Company. The Company shall be dissolved, shall terminate and its assets shall be disposed of, and its affairs wound up upon the earliest to occur of the following: 14.1.1 Upon the happening of any event of dissolution specified in the Certificate of Formation; 14.1.2 A determination by the Managers to terminate the Company; 14.1.3 Upon the entry of a decree of judicial dissolution; or 14.1.4 The expiration of the term of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Termination of the Company. The Company shall be dissolved, shall terminate and its assets shall be disposed of, and its affairs wound up upon the earliest to occur of the following:
14.1.1 13.1.1 Upon the happening of any event of dissolution specified in the Certificate of Formation;
14.1.2 13.1.2 A determination by the Managers to terminate the Company;
14.1.3 13.1.3 Upon the entry of a decree of judicial dissolution; or
14.1.4 13.1.4 The expiration of the term of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)
Termination of the Company. The Company shall be dissolved, shall terminate and its assets shall be disposed of, and its affairs wound up upon the earliest to occur of the following:
14.1.1 11.1.1 Upon the happening of any event of dissolution specified in the Certificate of Formation;
14.1.2 11.1.2 A determination by the Managers Members to terminate the Company;
14.1.3 11.1.3 Upon the entry of a decree of judicial dissolution; or
14.1.4 11.1.4 The expiration of the term of the Company.
Appears in 2 contracts
Samples: Joint Venture Agreement (Cottonwood Multifamily Reit Ii, Inc.), Joint Venture Agreement (Cottonwood Multifamily Reit I, Inc.)
Termination of the Company. The Company shall be dissolved, shall terminate and its assets shall be disposed of, and its affairs wound up upon the earliest to occur of the following:: 11.
14.1.1 1.1 Upon the happening of any event of dissolution specified in the Certificate of Formation;
14.1.2 A determination by the Managers to terminate the Company;
14.1.3 Upon the entry of a decree of judicial dissolution; or
14.1.4 The expiration of the term of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.)
Termination of the Company. The Company shall be dissolved, shall terminate and its assets shall be disposed of, and its affairs wound up upon the earliest to occur of the following:
14.1.1 13.1.1 Upon the happening of any event of dissolution specified in the Certificate of Formation;
14.1.2 13.1.2 The occurrence of a Dissolution Event unless the business of the Company is continued by the consent of the Members within 90 days following the occurrence of the event;
13.1.3 A determination by the Managers to terminate the Company;
14.1.3 13.1.4 Upon the entry of a decree of judicial dissolution; or
14.1.4 13.1.5 The expiration of the term of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Cottonwood Multifamily Opportunity Fund, Inc.)
