Common use of Liquidation Clause in Contracts

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:

Appears in 112 contracts

Samples: Limited Partnership Agreement (Energy Transfer LP), Limited Partnership Agreement (Energy Transfer LP), Limited Partnership Agreement (Crestwood Equity Partners LP)

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Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Limited Partnership Act and the following:

Appears in 27 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Steel Partners Holdings L.P.), Limited Partnership Agreement (Steel Partners Holdings L.P.)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 17-804 of the Delaware Act and the following:

Appears in 18 contracts

Samples: Limited Partnership Agreement (Legacy Reserves Lp), Limited Partnership Agreement (Plains Gp Holdings Lp), Limited Partnership Agreement (Legacy Reserves Lp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the PartnershipCompany, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 17-804 the applicable provisions of the Delaware Act and the following:LLC Act.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (Travelcenters of America LLC), Limited Liability Company Agreement (Travelcenters of America LLC), Limited Liability Company Agreement (Travelcenters of America LLC)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:

Appears in 9 contracts

Samples: Agreement of Limited Partnership (Star Gas Finance Co), Limited Partnership Agreement (Star Gas Finance Co), Limited Partnership Agreement (Star Gas Partners Lp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the PartnershipCompany, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the PartnersMembers, subject to Section 1718-804 of the Delaware Limited Liability Company Act and the following:

Appears in 6 contracts

Samples: Operating Agreement (U S Timberlands Klamath Falls LLC), Operating Agreement (U S Timberlands Klamath Falls LLC), Operating Agreement (U S Timberlands Finance Corp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 17-804 of the Delaware LP Act and the following:

Appears in 4 contracts

Samples: Limited Partnership Agreement (Holly Energy Partners Lp), Limited Partnership Agreement (Holly Energy Partners Lp), Limited Partnership Agreement (Holly Energy Partners Lp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, liabilities and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 17-804 of the Delaware Act and the following:

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (NextEra Energy Partners, LP), Partnership Agreement (Atlas Growth Partners, L.P.), Limited Partnership Agreement (Atlas Resource Partners, L.P.)

Liquidation. The Liquidator shall proceed to dispose of the assets of the PartnershipCompany, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 1718-804 of the Delaware Act and the following:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (First Solar, Inc.), Limited Liability Company Agreement (First Solar, Inc.), Limited Liability Company Agreement (Atlas Energy Group, LLC)

Liquidation. The Liquidator shall proceed to dispose of the assets of the PartnershipCompany, discharge its liabilitiesLiabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 1718-804 of the Delaware Act and the following:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (MGM Growth Properties LLC), Limited Liability Company Agreement (MGM Growth Properties LLC), Limited Liability Company Agreement (MGM Growth Properties LLC)

Liquidation. The Liquidator shall proceed to dispose of the assets of the PartnershipCompany, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the PartnersMembers, subject to Section 1718-804 of the Delaware LLC Act and the following:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Beneficient), Limited Liability Company Agreement (Beneficient)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware LP Act and the following:

Appears in 2 contracts

Samples: Limited Partnership Agreement (Holly Energy Partners Lp), Limited Partnership Agreement (Holly Energy Partners Lp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 17-804 17‑804 of the Delaware Act and the following:

Appears in 2 contracts

Samples: Agreement of Limited Partnership (Summit Midstream Partners, LP), Merger Agreement (Energy Transfer Equity, L.P.)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:following:‌

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement

Liquidation. The Subject to Sections 7.1(c) and (d), if applicable, the Liquidator shall proceed to dispose of the assets of the PartnershipCompany, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 1718-804 of the Delaware Act and the following:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Titan Energy, LLC)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 17-804 of the Delaware Act and the following: (a) The assets may be disposed of by public or private sale or by distribution in kind to one or more Partners on such terms as the Liquidator and such Partner or Partners may

Appears in 1 contract

Samples: Agreement of Limited Partnership (Landmark Infrastructure Partners LP)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (KKR & Co. L.P.)

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Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 17-804 of the Delaware Act and the following:to

Appears in 1 contract

Samples: Merger Agreement

Liquidation. The Liquidator shall proceed to dispose of the assets of the PartnershipCompany, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Limited Partnership Act and the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (Ares Management Lp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (Valero L P)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:such

Appears in 1 contract

Samples: Limited Partnership Agreement (Crosstex Energy Lp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:: Plains Marketing, L.P.

Appears in 1 contract

Samples: Agreement of Limited Partnership (Plains All American Pipeline Lp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:: (a)

Appears in 1 contract

Samples: Limited Partnership Agreement (Enterprise Products Operating L P)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator determines to be in the best interest of the PartnersLiquidator, subject to Section 17-804 of the Delaware Act and the following: (a) The assets may be disposed of by public or private sale or by distribution in kind to one or more Partners on such terms as the Liquidator and such Partner or Partners may DOMINION MIDSTREAM PARTNERS, LP FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

Appears in 1 contract

Samples: Limited Partnership Agreement (Dominion Midstream Partners, LP)

Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Limited Partnership Act and the following:

Appears in 1 contract

Samples: Limited Partnership Agreement

Liquidation. The Liquidator shall proceed to dispose of ----------- the assets of the Partnership, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the Partners, subject to Section 17-804 of the Delaware Act and the following:

Appears in 1 contract

Samples: Limited Partnership Agreement (Penn Octane Corp)

Liquidation. The Liquidator shall proceed to dispose of the assets of the PartnershipCompany, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as the Liquidator determines to be in the best interest of the PartnersMembers, subject to Section 1718-804 of the Delaware Act and the following:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inergy L P)

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