Common use of Distributions Upon Liquidation of Clause in Contracts

Distributions Upon Liquidation of. a Holder's Interest in the Trust. Upon liquidation of a Holder's interest in the Trust, the proceeds will be distributed to the Holder as provided in Section 5.6, Article VI, and Article VII hereof. If such Holder has a negative book capital account balance, the provisions of Section 7.4 will apply.

Distributions Upon Liquidation of. a Holder's Interest in the Trust. Upon liquidation partial withdrwal or complete redemption of a Holder's interest in the Trust, the proceeds will be distributed to the Holder as provided in Section 5.6, Article VI, and Article VII hereof. If such Holder has a negative book capital account balance, the provisions of Section 7.4 will apply.