Winding Up and Liquidation of the Company. (a) Upon the dissolution of the Company, the Manager shall proceed to wind up the affairs and liquidate the property and assets of the Company, and shall apply and distribute the proceeds of such liquidation in the following priority:
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Taubman Centers Inc), Limited Liability Company Agreement (Taubman Centers Inc), Limited Liability Company Agreement (Taubman Centers Inc)
Winding Up and Liquidation of the Company. (a) Upon the dissolution of the Company, the Manager shall proceed to wind up the affairs and liquidate the property and assets of the Company, Company and shall apply and distribute the proceeds of such liquidation in the following priority:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Taubman Centers Inc), Limited Liability Company Agreement (Taubman Centers Inc)
Winding Up and Liquidation of the Company. (a) Upon the dissolution of the Company, the Manager Managers shall proceed to wind up the affairs and liquidate the property and assets of the Company, and shall apply and distribute the proceeds of such liquidation in the following priority:
Appears in 1 contract
Winding Up and Liquidation of the Company. (a) Upon the dissolution of the Company, the Manager shall proceed to Member will wind up the affairs and of the Company, liquidate the property and assets of the Company, and shall apply and distribute the proceeds of such liquidation in the following priority:
Appears in 1 contract
Winding Up and Liquidation of the Company. (a) Upon Except as otherwise provided in this Article IX, upon the dissolution of the Company, the Manager manager shall proceed to wind up the affairs and its affairs, liquidate the its property and assets of the Company, and shall apply and distribute the proceeds of such liquidation in the following priority:
Appears in 1 contract
Samples: Operating Agreement
