Common use of Liquidator Clause in Contracts

Liquidator. The Principal Member (or such other Person designated by the Principal Member and who agrees to act as liquidator) shall act as liquidator (the “Liquidator”) to wind up the Company. The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (TELUS International (Cda) Inc.), Stock Purchase Agreement (TELUS International (Cda) Inc.)

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Liquidator. The Principal Member (or such other Board, or, if the Board is unable to do so, a Person designated selected by the Principal Member holders of a majority of the Common Units and who agrees to act as liquidator) a majority of the Preferred Units, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-business- like manner.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)

Liquidator. The Principal Member (or such other Person person designated by the Principal Member and who agrees to act as liquidator) shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (A.W. Realty Company, LLC), Limited Liability Company Agreement (A.W. Realty Company, LLC)

Liquidator. The Principal Member (or such other Person designated by the Principal Member and who agrees to act as liquidator) Board shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Samples: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Limited Liability Company Agreement (Pitney Bowes Inc /De/)

Liquidator. The Principal Member (or such other A Person designated selected by the Principal Member and who agrees to act as liquidator) Board (which may, with Board approval, be the Administrative Agent), acting at the Board’s direction, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Great Elm Capital Corp.), Limited Liability Company Agreement (Great Elm Capital Corp.)

Liquidator. The Principal Member (or such other Board, or, if the Board is unable to do so, a Person designated selected by the Principal Member and who agrees to act as liquidator) holders of a majority of the Units, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Samples: Operating Agreement (Agrify Corp), Limited Liability Company Agreement

Liquidator. The Principal Member (or such other Board, or, if the Board is unable to do so, a Person designated selected by the Principal Member and who agrees to act as liquidator) holders of a majority of the Class A Units, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Operating Agreement (Verb Technology Company, Inc.)

Liquidator. The Principal Member (or such other Board, or, if the Board is unable to do so, a Person designated selected by the Principal Member and who agrees to act as liquidator) holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ternio, LLC)

Liquidator. The Principal Member (or such other Person designated by the Principal Member and who agrees to act as liquidator) Board shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assignassign , and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

Liquidator. The Principal Member (or such other A Person designated selected by a Majority in Interest of the Principal Member and who agrees to act as liquidator) Members shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capstone Therapeutics Corp.)

Liquidator. The Principal Member (or such other Majority shall select any Person designated by the Principal Member and who agrees to act as liquidator) shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company"). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Operating Agreement (Csac Acquisition Inc.)

Liquidator. The Principal Member (or such other Managers or, if the Managers are unable to do so, a Person designated selected by the Principal Member and who agrees to act as liquidator) holders of a majority of the Class A Units, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Operating Agreement (Atlanticus Holdings Corp)

Liquidator. The Principal Member (or such other Person designated by the Principal Member and who agrees to act as liquidator) Board shall act as liquidator (the “Liquidator”) to wind up the CompanyCompany (the "Liquidator"). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Scio Diamond Technology Corp)

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Liquidator. The Principal Member (or such other Board, or, if the Board is unable to do so, a Person designated selected by the Principal Member and who agrees to act as liquidator) holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (ATN International, Inc.)

Liquidator. The Principal Member (or such other Subject to Section 8.10(dd), the Board, or, if the Board is unable to do so, a Person designated selected by the Principal Member and who agrees to act as liquidator) holders of a majority of the Units, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Liquidator. The Principal Managing Member, or, if the Managing Member (or such other is unable to do so, a Person designated selected by the Principal Member and who agrees to act as liquidator) Class A Requisite Members, shall act as liquidator (the “Liquidator”) to wind up the CompanyCompany (the "Liquidator"). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Subscription Agreement

Liquidator. The Principal Member (Board of Managers, or such other another Person designated selected by the Principal Member and who agrees to act as liquidator) Board of Managers, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Grom Social Enterprises, Inc.)

Liquidator. The Principal Member (Board or such other Person designated by the Principal Member and who agrees to act as liquidator) its designee shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Priority Technology Holdings, Inc.)

Liquidator. The Principal Member (Board of Members, or such other Person designated an independent third party appointed by the Principal Member and who agrees to act as liquidator) Board of Members, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Axiall Corp/De/)

Liquidator. The Principal Member (or such other Board, or, if the Board is unable to do so, a Person designated selected by the Principal Member Common Requisite Members and who agrees to act as liquidator) the Preferred Requisite Members, shall act as liquidator to wind up the Company (the “Liquidator”) to wind up the Company). The Liquidator shall have full power and authority to sell, assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capstone Green Energy Holdings, Inc.)

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