Completion of Liquidation Sample Clauses

Completion of Liquidation. 22.5.1 After the completion of the liquidation, the liquidation committee shall formulate the liquidation completion report which shall include:
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Completion of Liquidation. At least five business days prior to Closing, the Liquidation shall have been completed to the reasonable satisfaction of the Purchaser such that at least five business days prior to Closing:
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Completion of Liquidation. The Company shall be liquidated when all of the Company’s property shall have been disposed and the proceeds shall have been applied and distributed to the Parties. The Company shall cease to be a legal entity and its existence shall be deemed terminated upon the date of registration of the liquidation with the relevant governmental authorities. As soon as practicable after the liquidation of the Company, the Company’s auditors shall prepare or cause to be prepared a final audited statement of the Company’s assets and liabilities and furnish such statement to each of the Parties.
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Completion of Liquidation. Upon the completion of the ------------------------- liquidation of the Partnership and the distribution of all Partnership funds, the Partnership shall terminate and the Liquidator shall have the authority to execute and record all documents required to effectuate the dissolution and termination of the Partnership.
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Completion of Liquidation. Upon completion of the liquidation, the Liquidation Committee shall prepare a liquidation report and submit the same for approval by the Shareholders meeting. The Liquidation Committee shall also submit such report to the relevant Governmental Authority of the PRC and apply for the cancellation of the Company’s registration and termination of the Company.
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Completion of Liquidation. The Liquidating Partner shall use its ------------------------- reasonable best efforts to promptly complete the liquidation and winding up of the business of the Joint Venture.
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Related to Completion of Liquidation

  • Documentation of Liquidation Upon the completion of the dissolution and liquidation of the Partnership, the Partnership shall terminate and the Liquidating Trustee shall have the authority to execute and record any and all documents or instruments required to effect the dissolution, liquidation and termination of the Partnership.

  • Dissolution Liquidation and Termination 26 Section 13.1 Dissolution............................................ 26 Section 13.2

  • Dissolution and Liquidation (Check One)

  • Method of Liquidation Upon the happening of any of the events specified in Section 10.1 above, which require the Partnership to be liquidated and dissolved, the then General Partner of the Partnership or, in the event there is no remaining General Partner of the Partnership, such persons as may be designated by a majority of the Limited Partners, shall convert the Partnership assets into cash, and shall account for all cash proceeds separately for each Restaurant. All such cash shall be applied and distributed separately for each Restaurant in the following manner and in the following order of priority:

  • Dissolution Termination and Liquidation 30 Section 8.1. Dissolution and Termination 30 Section 8.2. Liquidator 30 Section 8.3. Liquidation of the Company 31 Section 8.4. Cancellation of Certificate of Formation 32 Section 8.5. Return of Contributions 32 Section 8.6. Waiver of Partition 32 ARTICLE IX AMENDMENT OF AGREEMENT 32 Section 9.1. General 32 Section 9.2. Super-Majority Amendments 33 Section 9.3. Amendments to be Adopted Solely by the Manager 33 Section 9.4. Certain Amendment Requirements 34

  • Termination and Liquidation 4.1 If, at any time:

  • Distribution of Liquidation Proceeds Subject to the terms and conditions hereof, the Administrative Agent shall distribute all Liquidation Proceeds in the order and manner set forth below:

  • Waiver of Liquidation Distributions In connection with the Securities purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions of the amounts in the Trust Account with respect to the Securities, whether (i) in connection with the exercise of redemption rights if the Company consummates the Business Combination, (ii) in connection with any tender offer conducted by the Company prior to a Business Combination, (iii) upon the Company’s redemption of shares of Common Stock sold in the Company’s IPO upon the Company’s failure to timely complete the Business Combination or (iv) in connection with a stockholder vote to approve an amendment to the Company’s amended and restated certificate of incorporation (A) to modify the substance or timing of the Company’s obligation to redeem 100% of the Company’s public shares if the Company does not timely complete the Business Combination or (B) with respect to any other provision relating to stockholders’ rights or pre-Business Combination activity. In the event the Subscriber purchases shares of Common Stock in the IPO or in the aftermarket, any additional shares so purchased shall be eligible to receive the redemption value of such shares of Common Stock upon the same terms offered to all other purchasers of Common Stock in the IPO in the event the Company fails to consummate the Business Combination.

  • Winding Up and Liquidation (a) Upon the dissolution of the Company, its affairs shall be wound up as soon as practicable thereafter by the Member. Except as otherwise provided in subsection (c) of this Section 6.2, in winding up the Company and liquidating the assets thereof, the Managers, or other person so designated for such purpose, may arrange for the collection and disbursement to the Member of any future receipts from the Company property or other sums to which the Company may be entitled, or may sell the Company’s interest in the Company property to any person, including persons related to the Member, on such terms and for such consideration as shall be consistent with obtaining the fair market value thereof.

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