Common use of Termination or Dissolution Clause in Contracts

Termination or Dissolution. Unless terminated as provided herein, the Trust shall continue without limitation of time. If an Early Termination Event specified in Section 9.4 occurs, the Trust shall be dissolved, and one Sponsor Interest shall be distributed to each Shareholder in exchange for each Outstanding Share.

Appears in 3 contracts

Samples: Trust Agreement (Compass Diversified Holdings), Trust Agreement (Compass Group Diversified Holdings LLC), Trust Agreement (Compass Diversified Trust)

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Termination or Dissolution. Unless terminated as provided herein, the Trust shall continue without limitation of time. If an Early Termination Event specified in Section 9.4 10.04 occurs, the Trust shall be dissolved, and one Sponsor Interest Share shall be distributed to each Shareholder in exchange for each Outstanding outstanding Share.

Appears in 3 contracts

Samples: Trust Agreement (Macquarie Infrastructure CO LLC), Trust Agreement (Macquarie Infrastructure CO Trust), Trust Agreement (Macquarie Infrastructure CO Trust)

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