Distribute Assets Sample Clauses

Distribute Assets. Distribute Assets as set forth herein.
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Distribute Assets. Subject to Section 9.4.7 below, the remaining Joint Venture assets (or cash realized from a sale thereof) shall be distributed to the Venturers at their fair market values as determined above, in the following order: to the Venturers (including the Managing Venturer to the extent it holds Units) 99% (and among the Venturers as provided in Section 8.3 hereof) and to the Managing Venturer 1% for its interest as Managing Venturer.
Distribute Assets. The remaining Joint Venture assets (or cash realized from a sale thereof) shall be distributed to the Venturers in accordance with Section 8.6.1 or 8.6.2, as applicable, based on whether the liquidation occurs during Initial Operations or Subsequent Operations.
Distribute Assets. All remaining assets of the Company shall be distributed, in cash or in kind, to the Members in accordance with Section 5.1. After the distributions provided in this Section 11.3, the Company may merge into another entity pursuant to a plan of merger adopted by the Executive Committee, provided that each Member shall have its interest in the Company redeemed as part of the plan of such merger and receive $1.00 therefor.
Distribute Assets. All remaining assets of the Company shall be distributed, in cash or in kind, to the Members in accordance with the then current Sharing Ratios.

Related to Distribute Assets

  • Transferred Assets (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded pursuant to the provisions of Subsection 1.1(b):

  • Acquired Assets 11 Upon the terms and subject to the conditions set forth in this Agree- ment, at the Closing Seller shall sell, assign, transfer, convey and deliver to Buyer free and clear of all Liens, and Buyer shall purchase, acquire and take assignment and delivery of, all right, title and interest of Seller in and to the Acquired Assets, including the following:

  • Assets The School shall maintain a complete and current inventory of all of its property and shall update the inventory annually. The School shall take all necessary precautions to safeguard assets acquired with public funds.

  • Title to Properties and Assets Each Group Company has good and marketable title to all respective properties and assets, in each case such property and assets are subject to no Liens. With respect to the property and assets it leases, each Group Company is in compliance with such leases and holds valid leasehold interests in such assets free of any Liens.

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