Winding Up, Liquidating and Distribution of Assets. (a) Upon dissolution, an accounting shall be made of the accounts of the Company and of the Company's assets, liabilities and operations, from the date of the last previous accounting until the date of dissolution. The Managers shall immediately proceed to wind up the affairs of the Company.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (CenterPoint Energy Transition Bond CO II, LLC), Limited Liability Company Agreement (Reliant Energy Services Inc), Limited Liability Company Agreement (Reliant Energy Transition Bond Co LLC)
Winding Up, Liquidating and Distribution of Assets. (a) Upon dissolution, an accounting shall be made by the Company's independent accountants of the accounts of the Company and of the Company's assets, liabilities and operations, from the date of the last previous accounting until the date of dissolution. The Managers Board of Directors and Officers shall immediately proceed to wind up the affairs of the Company.
Appears in 2 contracts
Samples: Operating Agreement (United Auto Group Inc), Operating Agreement (Uag Mentor Acquisition LLC)
