Common use of Distribution in Liquidation Clause in Contracts

Distribution in Liquidation. The proceeds of liquidation shall be applied in the following order of priority (and without regard to the non-mandatory provisions of Section 17-804 of the Act):

Appears in 15 contracts

Samples: Agreement (Capita Preferred Trust), Agreement (Merrill Lynch Preferred Funding I Lp), Enron Capital Trust I

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Distribution in Liquidation. The Subject to Section 9.3, the proceeds of liquidation shall be applied in the following order of priority (and without regard to the non-mandatory provisions of Section 17-804 of the Act):

Appears in 2 contracts

Samples: Citizens Utilities Capital L P, Citizens Utilities Capital L P

Distribution in Liquidation. The proceeds of liquidation shall be applied in the following order of priority (and without regard to the non-mandatory provisions of Section 17-804 of the Act):

Appears in 2 contracts

Samples: Entergy London Capital Lp, Entergy Power Uk PLC

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Distribution in Liquidation. The proceeds of --------------------------- liquidation shall be applied in the following order of priority (and without regard to the non-mandatory provisions of Section 17-804 of the Act):

Appears in 1 contract

Samples: Hawaiian Electric Industries Inc

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