Termination of the Partnership. 7.1.1 Upon termination, as provided in Code ss.708(b)(1)(A), the business shall wound-up and concluded, and the assets shall be distributed to the Parties as described below by the end of such calendar year (or, if later, within ninety (90) days after the d of such termination). The assets shall be valued and distributed to the Parties in order provided in Secs. 7.1.2, 7.5, and 7.7.
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Samples: Exploration Participation Agreement (Ridgewood Energy P Fund LLC), Exploration Participation Agreement (Ridgewood Energy U Fund LLC)
Termination of the Partnership. 7.1.1 Upon termination, as provided in Code ss.708(b)(1)(A§708(b)(1)(A), the business shall be wound-up and concluded, and the assets shall be distributed to the Parties as described below by the end of such calendar year (or, if later, within ninety (90) days after the d date of such termination). The assets shall be valued and distributed to the Parties in the order provided in Secs. 7.1.20, 7.50, and 7.7.0
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Termination of the Partnership. 7.1.1 Upon termination, as provided in Code ss.708(b)(1)(A§708(b)(I)(A), the business shall be wound-up and concluded, and the assets shall be distributed to the Parties as described below by the end of such calendar year (or, if later, within ninety (90) days after the d date of such termination). The assets shall be valued and distributed to the Parties in the order provided in Secs. 7.1.2, 7.5, . and 7.7.
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Termination of the Partnership. 7.1.1 Upon termination, as provided in Code ss.708(b)(1)(A§708(b)(1)(A), the business shall be wound-up and concluded, and the assets shall be distributed to the Parties as described below by the end of such calendar year (or, if later, within ninety (90) days after the d date of such termination). The assets shall be valued and distributed to the Parties in the order provided in Secs. 7.1.2, 7.5, and 7.7.
Appears in 1 contract
Termination of the Partnership. 7.1.1 Upon termination, as provided in Code ss.708(b)(1)(A§708(b)(l)(A), the business shall be wound-up and concluded, and the assets shall be distributed to the Parties as described below by the end of such calendar year (or, if later, within ninety (90) days after the d date of such termination). The assets shall be valued and distributed to the Parties in the order provided in Secs. 7.1.2, 7.5, and 7.7.
Appears in 1 contract
Samples: Exploration and Development Agreement (ZaZa Energy Corp)
Termination of the Partnership. 7.1.1 Upon termination, as provided in Code ss.708(b)(1)(A§708(b)(l)(A), the business shall be wound-up and concluded, and the assets shall be distributed to the Parties as described below below, by the end of such calendar year (or, if later, within ninety (90) days after the d date of such termination). The assets shall be valued and distributed to the Parties in the order provided in SecsSees. 7.1.2, 7.5, and 7.7.
Appears in 1 contract
Samples: Exploration and Development Agreement (ZaZa Energy Corp)
Termination of the Partnership. 7.1.1 Upon termination, as provided in Code ss.708(b)(1)(A), the business shall wound-be wound up and concluded, and the assets shall shall. be distributed to the Parties as described below by the end of such calendar year (or, if later, within ninety (90) days after the d date of such termination). The assets shall be valued and distributed to the Parties in the order provided in SecsSees. 7.1.2, 7.5, and 7.7.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)
