Common use of Duties and Authority of Liquidator Clause in Contracts

Duties and Authority of Liquidator. The liquidator will make adequate provisions for the discharge of all of the Company’s debts, obligations and liabilities. The liquidator may sell, encumber or retain for distribution in kind any of the Company’s assets.

Duties and Authority of Liquidator. The liquidator will make adequate provisions provision for the discharge of all of the Company’s 's debts, obligations and liabilities. The liquidator may sell, encumber or retain for distribution in kind any of the Company’s 's assets.