Events of Dissolution definition

Events of Dissolution has the meaning set forth in Section 13.1.
Events of Dissolution shall have the meaning assigned to that term in Section 17.01.
Events of Dissolution shall be as defined in Section 17.1 hereof.

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.


More Definitions of Events of Dissolution

Events of Dissolution shall have the meaning provided in Section 10.1 of this Agreement.
Events of Dissolution is defined in Section 10.1. --------------------- ------------
Events of Dissolution has the meaning set forth in Section 8.1(b).
Events of Dissolution shall have the meaning set out in Article 16.1 of this Agreement.

Related to Events of Dissolution

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Event of dissociation means any of the events listed in Section 8.1 upon which the Member ceases to be a Member.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • Liquidating Events shall have the meaning set forth in Section 13.1.

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Dissolution Date means, as the case may be:

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

  • Winding Up Period means the period from the Dissolution Event to the Termination of the Company.

  • Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).

  • Events means an action or occurrence, at any given location within the Authorized System that causes a Collection System Overflow. An Event ends when there is no recurrence of a CSO or SSO in the collection system at the same location in the 12-hour period following the last Collection System Overflow.

  • Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Flip-in Event shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Shares (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(e)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Shares shall be entitled to receive cash, securities or other property for their PubCo Shares.

  • Special Redemption and Liquidation Period shall be as set forth in the Prospectus under "Summary of Essential Information."

  • Liquidating Event has the meaning set forth in Section 13.1.

  • Reorganization Event has the meaning specified in Section 5.6(b).

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Liquidation means the distributions of the Trust Account to the Public Shareholders in connection with the redemption of Ordinary Shares held by the Public Shareholders pursuant to the terms of the Company’s Amended and Restated Memorandum and Articles of Association, as amended, if the Company fails to consummate a Business Combination.

  • Liquidation Call Right has the meaning ascribed thereto in the Exchangeable Share Provisions.

  • Triggering Events means each of the following events:

  • Special Events means musical events, concerts, shows, pageants, sporting events, festivals, competitions, and other events of limited duration presented by LICENSEE for which the "Gross Revenue" of such Special Event exceeds $25,000.

  • Winding-Up dissolution", "insolvency", or "reorganization" in the context of a company or corporation shall have the same meaning as defined in the Companies Act, 1956/ Companies Act, 2013 (as the case may be).

  • TERMINATION OF THE INITIAL PUBLIC OFFERING means the earlier of (i) the date on which the Initial Public Offering expires or is terminated by the Company or (ii) the date on which all shares of stock offered in the Initial Public Offering are sold, excluding warrants, if any, offered thereunder and shares that may be acquired upon exercise of such warrants and shares offered thereunder that may be acquired pursuant to the Reinvestment Plan.