Examples of Events of Dissolution in a sentence
Section 12.01 of the Crescent/301 Agreement provides that Crescent/301 shall be dissolved prior to December 31, 2050 upon the following "Events of Dissolution": (1) the mutual consent of all members, (2) the withdrawal, death, retirement, resignation, expulsion, bankruptcy, legal incapacity or dissolution of any member, (3) a sale by Crescent/301 of its assets, or (4) a decree of judicial dissolution.
Section 12.01 of the CresTex Agreement provides that CresTex shall be dissolved prior to December 31, 2050 upon the following "Events of Dissolution": (1) the mutual consent of all members, (2) the withdrawal, death, retirement, resignation, expulsion, bankruptcy, legal incapacity or dissolution of any member, (3) a sale by CresTex of its assets, or (4) a decree of judicial dissolution.
If the Responding Shareholder declines to exercise its right to purchase the Shares of the Initiating Shareholder pursuant to this Section 10.3 or fails to respond to such Deadlock Dissolution Notice (or if both Shareholders submit Deadlock Dissolution Notices), the Company shall be dissolved pursuant to Section 11.1(d) (Events of Dissolution), at the end of a one-year period for the wind-down of operations commencing with the receipt of the Deadlock Dissolution Notice by the Responding Shareholder.
Dissolution — Comprehensively Describes All Events of Dissolution; Requires Unanimity of Members to Continue if Dissolution Is Due to Dissociation of Member .
If the Responding Member declines to exercise its right to purchase the Interests of the Initiating Member pursuant to this Section 10.3 or fails to respond to such Deadlock Dissolution Notice (or if both Members submit Deadlock Dissolution Notices), the Company shall be dissolved pursuant to Section 11.1(d) (Events of Dissolution), at the end of a one-year period for the wind-down of operations commencing with the receipt of the Deadlock Dissolution Notice by the Responding Member.
Thus the system is in equilibrium whenever one type of teacher is completely absent or when both strategies offer an identical utility.
Events of Dissolution.............................................
Section 11.1 Events of Dissolution 12 Section 11.2 Winding-Up the Company 13 ARTICLE XII.
Such person or persons may be officers or employees who are employed or designated as officers by both the Distributor and the Fund.
ANCILLARY AGREEMENTS 28 Section 11.1 Budget and Operating Plans 28 ARTICLE 12 - REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MEMBERS 29 Section 12.1 Member Representations 29 Section 12.2 Member Consents 29 ARTICLE 13 - DISSOLUTION 30 Section 13.1 Events of Dissolution 30 Section 13.2 Liquidation of Company 30 ARTICLE 14 - MISCELLANEOUS 32 Section 14.1 Recipient of Distributions 32 Section 14.2 Notices, Etc.