Common use of Orderly Liquidation Clause in Contracts

Orderly Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities so as to minimize the losses normally attendant upon a liquidation. The Liquidating Agent shall, however, if possible consistent with the preceding sentence, dispose of Partnership assets and effect distributions to the Partners within one hundred eighty (180) days after the date of termination of the Partnership.

Orderly Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities so as to minimize the losses normally attendant upon a liquidation. The Liquidating Agent shall, however, if possible consistent with the preceding sentence, dispose of Partnership assets and effect distributions to the Partners within one hundred eighty (180) 180 days after the date of termination of the Partnership.

Orderly Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Partnership and the discharge of liabilities so as to minimize the losses normally attendant upon a liquidationliquidation and to maximize the value of such assets. The Liquidating Agent shall, however, if possible to do so in a manner consistent with the preceding sentence, dispose of all Partnership assets (other than reserves) and effect distributions to the Partners within one hundred and eighty (180) days after the date of termination dissolution of the Partnership.

Orderly Liquidation. A reasonable time shall be allowed for the orderly liquidation of the assets of the Investment Partnership and the discharge of liabilities so as to minimize the losses normally attendant upon a liquidation. The Liquidating Agent shall, however, if possible consistent with the preceding sentence, dispose of Investment Partnership assets and effect distributions to the Partners within one hundred eighty (180) calendar days after the date of termination of the Investment Partnership.