Time to Dissolve Sample Clauses

Time to Dissolve. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to minimize the normal losses attendant upon such liquidation. Each of the Partners during the course of winding up the Partnership affairs and dissolution shall be furnished with a statement prepared by the General Partners which shall set forth the assets and liabilities of the Partnership as of the date of the termination of the Partnership.
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Time to Dissolve. Following the event of dissolution, except as may be agreed in writing by the parties, a reasonable time after the date of the event of dissolution shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to minimize the normal losses attendant upon such liquidation and to effectuate the process set forth in Section 6.05. Each of the Members during the course of winding up the Company affairs and dissolution shall be furnished with a statement prepared by the Management which shall set forth the assets and liabilities of the Company as of the date of the event of dissolution.
Time to Dissolve. 29 ---------------- 9.07. Date of Termination......................................... 29 ------------------- 9.08. Contingent Liabilities...................................... 29 ---------------------- ARTICLE TEN ----------- AMENDMENT AND ENTIRE AGREEMENT ------------------------------ ARTICLE ELEVEN -------------- REMEDIES --------
Time to Dissolve. A reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to minimize the normal losses attendant upon such liquidation. representatives, successors, transferees and assigns. This Section 10.05 does not supersede or modify the provisions of Article Nine of this Agreement.

Related to Time to Dissolve

  • Events of Dissolution The Company shall be dissolved upon the happening of any of the following events:

  • No Dissolution Except as required by the Act, the Partnership shall not be dissolved by the admission of additional Partners or withdrawal of Partners in accordance with the terms of this Agreement. The Partnership may be dissolved, liquidated wound up and terminated only pursuant to the provisions of this Article IX, and the Partners hereby irrevocably waive any and all other rights they may have to cause a dissolution of the Partnership or a sale or partition of any or all of the Partnership assets.

  • Liquidation or Dissolution In the event the Company is liquidated or dissolved, the assets of the Company shall be distributed to the Members in accordance with the provisions of Section 11.

  • Notice of Dissolution In the event a Liquidating Event occurs or an event occurs that would, but for the provisions of an election or objection by one or more Partners pursuant to Section 13.1, result in a dissolution of the Partnership, the General Partner shall, within thirty (30) days thereafter, provide written notice thereof to each of the Partners.

  • Events Causing Dissolution Subject to Section 9.2, the Company shall be dissolved upon the first of the following events to occur:

  • Effective Date of Dissolution Any dissolution of the Company shall be effective as of the date on which the event occurs giving rise to such dissolution, but the Company shall not terminate unless and until all its affairs have been wound up and its assets distributed in accordance with the provisions of the Act and the Certificate is cancelled.

  • Dissolution Events The Company will be dissolved upon the happening of any of the following events:

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