Order of Dissolution. In settling accounts after dissolution, the assets of the Partnership shall be distributed as expeditiously as possible in the following order not later than the end of the taxable year of the liquidation (i.e., the date upon which the Partnership ceases to be a going concern as provided in section 1.704-1(b)(2)(ii)(g) of the Regulations), or if later, within ninety (90) days following the date of such liquidation:
Appears in 2 contracts
Samples: General Partnership Agreement (Nanogen Inc), General Partnership Agreement (Nanogen Inc)
Order of Dissolution. In settling accounts after dissolutionupon winding up and liquidation of the Partnership, the assets of the Partnership shall be applied and distributed as expeditiously as possible in the following order not later than the end of the taxable year of the liquidation (i.e., the date upon which the Partnership ceases to be a going concern as provided in Income Tax Regulation section 1.704-1(b)(2)(ii)(g) of the Regulations), or if later, within ninety (90) 90 days following after the date of such liquidation:):
Appears in 2 contracts
Samples: Investment Agreement (Airtouch Communications), Airtouch Communications
Order of Dissolution. In settling accounts after dissolution, the assets of the Partnership shall be distributed as expeditiously as possible in the following order not later than the end of the taxable year of the liquidation (i.e., the date upon which the Partnership ceases to be a going concern as provided in section 1.704-1(b)(2)(ii)(g) of the Income Tax Regulations), or if later, within ninety (90) days following after the date of such liquidation:
Appears in 1 contract
Samples: Tele Communications Inc /Co/
Order of Dissolution. In settling accounts after dissolution, the assets of the Partnership shall be distributed as expeditiously as possible in the following order not later than the end of the taxable year of the liquidation (i.e., the date upon which the Partnership ceases to be a going concern as provided in section 1.704-1.704- 1(b)(2)(ii)(g) of the Income Tax Regulations), or if later, within ninety (90) days following after the date of such liquidation:
Appears in 1 contract
Samples: Tele Communications Inc /Co/