Liquidation Distribution. Distributions made upon dissolution of the Partnership shall be made as provided in Section 9.03.
Liquidation Distribution. Distributions made upon dissolution of the Company shall be made as provided in Section 9.03.
Liquidation Distribution. Distributions made upon liquidation of the Company shall be made as provided in Section 10.4.
Liquidation Distribution. In the event of any voluntary or involuntary liquidation, dissolution, winding-up or termination of the Company, the Class A Preferred Securityholders shall be entitled to receive the Obligations (including interest accrued and unpaid thereon) as their liquidation distribution. For the avoidance of doubt, the Class A Preferred Securityholders shall not be entitled to share in any payments made by the Guarantor pursuant to the Class B Preferred Guarantee.
Liquidation Distribution. Subject to Section 4.01(d) with respect to Tax Distributions, all Distributions by the Company, and all proceeds (whether received by the Company or directly by the Members) in connection with dissolution of the Company shall be made or allocated among the holders of Participating Units pro rata based on the number of Participating Units held by each such holder.
Liquidation Distribution. 23 SECTION 4.06
Liquidation Distribution. Upon a dissolution and final termination of the Partnership, the General Partners (or in the event of a General Partner’s removal or termination and, if there is no remaining General Partner, any other Person selected by the Limited Partners) shall take account of the Partnership assets and liabilities, and the assets shall be liquidated as promptly as is consistent with obtaining the fair market value thereof, and the proceeds therefrom, to the extent sufficient therefor, shall be applied and distributed in accordance with Section 9.3 hereof.
Liquidation Distribution. Distributions made upon liquidation of the LLC shall be made as provided in Section 9.02.
Liquidation Distribution. If, upon any liquidation, the ------------------------- Liquidation Distribution on a series of Preferred Partner Interests can be paid only in part because the Partnership has insufficient assets available to pay in full the aggregate liquidation distributions on all Preferred Partner Interests then outstanding, then the amounts payable directly by the Partnership on such series of Preferred Partner Interests and on all other Preferred Partner Interests then outstanding shall be paid on a pro rata basis, so that
Liquidation Distribution. Subject as provided in the immediately subsequent paragraph, in the event of any Liquidation Event, Holders of the Preferred Securities (unless previously converted into Common Shares) shall be entitled to receive out of the assets of the Company available for distribution to Holders of the Preferred Securities, the Liquidation Distribution. Such entitlement will arise before any distribution of assets is made to holders of Common Shares or any other instrument of the Company ranking junior to the Preferred Securities. If, upon the occurrence of a Liquidation Event, a Conversion Event has occurred or occurs but the relevant conversion of the Preferred Securities into Common Shares is still to take place at such time, Holders of the Preferred Securities will be entitled to receive (i) out of the relevant assets of the Company a monetary amount equal to that which Holders of such Preferred Securities would have received on any distribution of the assets of the Company if such conversion had taken place immediately prior to such Liquidation Event or (ii) such amounts as may be otherwise provided in accordance with applicable law at such time. After payment of the relevant entitlement in respect of a Preferred Security as described in this provision, such Preferred Security will confer no further right or claim to any of the remaining assets of the Company.
