Common use of Winding-Up Procedures Clause in Contracts

Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 occurs, subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms and conditions of this Agreement or the Ancillary Documents, the Manager shall proceed as promptly as practicable to wind up the affairs of the Company in an orderly and businesslike manner. A final accounting shall be made by Manager. As part of the winding up of the affairs of the Company, the following steps will be taken:

Appears in 13 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 10.1 occurs, subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms and conditions of this Agreement or the Ancillary DocumentsAgreement, the Manager shall proceed as promptly as practicable to wind up the affairs of the Company in an orderly and businesslike manner. A final accounting shall be made by the Manager. As part of the winding up of the affairs of the Company, the following steps will be taken:

Appears in 6 contracts

Samples: Tax Matters Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), The Contribution Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Contribution Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 occurs, subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms and conditions of this Agreement or the Ancillary other Transaction Documents, the Manager shall proceed as promptly as practicable to wind up the affairs of the Company in an orderly and businesslike manner. A final accounting shall be made by the Manager. As part of the winding up of the affairs of the Company, the following steps will be taken:

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement, Limited Liability Company Operating Agreement

Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 occursoccurs (or to the extent otherwise required pursuant to Section 9.1(c)), subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms 49 and conditions of this Agreement or the Ancillary other Transaction Documents, the Manager shall must proceed as promptly as practicable advisable to wind up the affairs of the Company in an orderly and businesslike manner. A The Manager will make a final accounting shall be made by Manageraccounting. As part of the winding winding-up of the affairs of the Company, the following steps will be taken:

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Private Owner Interest Sale and Assignment Agreement

Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 9.01 occurs, subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms and conditions of this Agreement or the Ancillary Documents, the Manager shall proceed as promptly as practicable to wind up the affairs of the Company in an orderly and businesslike manner. A final accounting shall be made by the Manager. As part of the winding up of the affairs of the Company, the following steps will be taken:

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 occurs, subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms and conditions of this Agreement or the Ancillary Transaction Documents, the Manager shall proceed as promptly as practicable to wind up the affairs of the Company in an orderly and businesslike manner. A final accounting shall be made by the Manager. As part of the winding up of the affairs of the Company, the following steps will be taken:

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 occursoccurs (or to the extent otherwise required pursuant to Section 9.1(c)), subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms and conditions of this Agreement or the Ancillary other Transaction Documents, the Manager shall must proceed as promptly as practicable advisable to wind up the affairs of the Company in an orderly and businesslike manner. A The Manager will make a final accounting shall be made by Manageraccounting. As part of the winding winding-up of the affairs of the Company, the following steps will be taken:

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Interest Sale and Assignment Agreement

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Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 occurs, subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms and conditions of this Agreement or the Ancillary Documents, the Manager shall proceed as promptly as practicable to wind up the affairs of the Company in an orderly and businesslike manner. A final accounting shall be made by the Manager. As part of the winding up of the affairs of the Company, the following steps will be taken:

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 7.1 occurs, subject to the Company’s 's compliance with its obligation obligations under the other agreements to which it is a party, party and the other terms and conditions of this Agreement or the Ancillary DocumentsAgreement, the Manager shall proceed as promptly as practicable to wind up the affairs of the Company in an orderly and businesslike manner. A final accounting shall be made by Manager. As part of the winding up of the affairs of the Company, the following steps will be taken:: 5 South CRE Venture 2010-2 Initial Limited Liability Company Operating Agreement EXECUTION VERSION

Appears in 1 contract

Samples: Interest Sale and Assignment Agreement

Winding-Up Procedures. If a dissolution of the Company pursuant to Section 9.1 occursoccurs (or to the extent otherwise required pursuant to Section 9.1(c)), subject to the Company’s compliance with its obligation under the other agreements to which it is a party, the other terms and conditions of this Agreement or the Ancillary other Transaction Documents, the Manager shall must proceed as promptly as practicable advisable to wind up the affairs of the Company in an orderly and businesslike manner. A The Manager will make a final accounting shall be made by Manageraccounting. As part of the winding winding-up of the affairs of the Company, the following steps will be taken:taken:‌‌‌

Appears in 1 contract

Samples: Private Owner Interest Sale and Assignment Agreement

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