Common use of Winding Up, Liquidation and Distribution of Assets Clause in Contracts

Winding Up, Liquidation 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 Manager shall immediately proceed to wind up the affairs of the Company.

Appears in 6 contracts

Samples: Operating Agreement (Venetian Casino Resort LLC), Operating Agreement (Venetian Casino Resort LLC), Limited Liability Company Agreement (Glimcher Realty Trust)

AutoNDA by SimpleDocs

Winding Up, Liquidation 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 Manager shall immediately proceed to wind up the affairs of the Company.

Appears in 4 contracts

Samples: Operating Agreement (Onepoint Communications Corp /De), Operating Agreement (Onepoint Communications Corp /De), Operating Agreement (Onepoint Communications Corp /De)

Winding Up, Liquidation and Distribution of Assets. (a) Upon dissolution, an accounting shall be made by the Company's ’s independent accountants of the accounts of the Company and of the Company's ’s assets, liabilities liabilities, and operations, from the date of the last previous accounting until the date of dissolution. The Manager Members shall immediately proceed to wind up the affairs of the Company.. If the Company is dissolved and its affairs are to be wound up, the Members shall:

Appears in 2 contracts

Samples: Operating Agreement (ResCare Finance, Inc.), Operating Agreement (THM Homes Inc)

Winding Up, Liquidation and Distribution of Assets. (a) Upon dissolutionthe occurrence of a Dissolution Event, 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 Manager shall immediately proceed to wind up the affairs of the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Student Loan Funding LLC), Limited Liability Company Agreement (Student Loan Funding LLC)

Winding Up, Liquidation 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 A Manager designated by the Management Board shall immediately proceed to wind up the affairs of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hecla Mining Co/De/)

AutoNDA by SimpleDocs

Winding Up, Liquidation 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 Manager shall immediately proceed to wind up the affairs of the CompanyCompany and shall have all of the rights with respect thereto as set forth in the Act.

Appears in 1 contract

Samples: Company Agreement (SLH Corp)

Winding Up, Liquidation and Distribution of Assets. (a) Upon dissolutiondissolution of the Company, the Accounting Firm shall make 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 Manager shall immediately proceed to wind up the affairs of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Peoples Liberation Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.