Distribution of Non-Liquid Assets. If the Liquidating Agent shall determine that it is not practicable to liquidate all of the assets of the Company, then the Liquidating Agent shall cause the fair market value of the assets not so liquidated to be determined by appraisal by an independent appraiser. Such assets, as so appraised, shall be retained or distributed by the Liquidating Agent as follows:
Appears in 3 contracts
Samples: Operating Agreement (News Communications Inc), Operating Agreement (Hollinger Nci Holdings LLC), Limited Liability Company Agreement (Reckson Services Industries Inc)
Distribution of Non-Liquid Assets. If the Liquidating Agent shall determine that it is not practicable to liquidate all of the assets of the Company, then the Liquidating Agent shall cause the fair market value of the assets not so liquidated to be determined by appraisal by an independent appraiserappraiser from an appraiser designated by CSG. Such assets, as so appraised, shall be retained or distributed by the Liquidating Agent as follows:
Appears in 1 contract
Samples: Limited Liability Company Agreement (F45 Training Holdings Inc.)
Distribution of Non-Liquid Assets. If the Liquidating Agent shall determine that it is not practicable to liquidate all of the assets of the CompanyCompany subject to Section 3.2, then the Liquidating Agent shall cause the fair market value of the assets not so liquidated to be determined by appraisal by an independent appraiser. Such assets, as so appraised, shall be retained or distributed by the Liquidating Agent as follows:
Appears in 1 contract
Samples: Operating Agreement (American Interactive Media Inc)
Distribution of Non-Liquid Assets. If the Liquidating Agent shall determine determines that it is not practicable to liquidate all of the assets of the Company, then the Liquidating Agent shall will cause the fair market value of the assets not so liquidated to be determined by appraisal by an independent appraiser. [In connection with such appraisal, the Capital Accounts will be adjusted to reflect such appraisal]. Such assets, as so appraised, shall will be retained or distributed by the Liquidating Agent as follows:
Appears in 1 contract
Samples: Operating and Protocol Agreement (Statmon Technologies Corp)