During any period that the General Store is indebted on any
bond, note, debenture, loan, credit facility or other outstanding
obligation for borrowed money, the General Store may be dissolved
only with the prior written consent of all holders or lenders of any
such debt of the General Store or any agent, trustee, representative
or other person authorized to act on its behalf, and in accordance
with any and all agreements imposing obligations on the General Store
associated with such borrowed money. This charter provision is intended
as an inducement to lend to the General Store, and lenders to the
General Store shall be entitled to rely upon it until repaid in full.
Subject to, and as limited by, §
11.2-20, the General Store may be dissolved upon the adoption of a resolution of the Tribal Council authorizing and directing such dissolution. The General Store shall thereafter wind up its affairs and prepare to dissolve on a commercially reasonable basis. Upon winding up and dissolution of the General Store, the assets of the General Store remaining after payment of, or provision for payment of all debts and liabilities of the General Store, shall be distributed to the Tribe or to another enterprise or organization wholly owned by the Tribe which is designated by the Tribal Council.