Time for Winding-Up. A reasonable time shall be allowed for the orderly liquidation of assets of the Company and the discharge or other provision of liabilities to creditors so as to enable the Liquidating Person to minimize any losses attendant upon a liquidation.
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Samples: Limited Liability Company Agreement (Integrated Silicon Solution Inc), Limited Liability Company Agreement (Altera Corp)
Time for Winding-Up. A reasonable time shall will be allowed for the orderly liquidation of assets of the Company and the discharge or other provision of liabilities to creditors so as to enable the Liquidating Person Board of Managers to minimize any the normal losses attendant upon a liquidation.
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Time for Winding-Up. A reasonable time shall be allowed for the orderly liquidation of assets of the Company Partnership and the discharge or other provision of liabilities to creditors so as to enable the Liquidating Person General Partner to minimize any the normal losses attendant upon a liquidation.
Appears in 1 contract
Samples: Limited Partnership Agreement (Everflow Eastern Partners Lp)