Realisation of Assets. As soon as practicable after the date on which the winding up of the Trust commences, the Trustee must sell or realise the Assets in such manner as the Trustee considers appropriate.
Realisation of Assets. Upon the occurrence of the Termination Date of the Series Trust, the Trustee, in consultation with the Manager, must sell and realise the Assets of the Series Trust (and, in relation to the sale (other than pursuant to clause 26.5) of any Mortgage Loan Rights forming part of the Assets of the Series Trust, the Trustee must obtain appropriate expert advice prior to the sale) and such sale (so far as reasonably practicable and reasonably commercially viable) must be completed within 180 days of the Termination Date provided that during the period of 180 days from the Termination Date:
(a) (Fair Market Value): the Trustee must not offer to sell the Mortgage Loan Rights for less than their Fair Market Value;
(b) (Sale in accordance with clause 26.4): the Trustee must not sell any Mortgage Loan Rights unless the sale is on terms in accordance with clause 26.4; and
(c) (Right of first refusal): the Trustee must not sell any Mortgage Loan Rights unless it has offered the Mortgage Loan Rights for sale to CBA in accordance with clause 26.5 and CBA has either not accepted that offer or has accepted that offer within 90 days of that Termination Date but not paid the consideration due by the time required pursuant to clause 26.5.
Realisation of Assets. 3.3.1 With effect from the Effective Time, LFSL shall use reasonable endeavours to dispose of, or otherwise realise (in each case, for value) all of:
(a) the non-Cash Trust Assets; and
(b) the non-Cash assets that form part of the Reserve Amount, for Cash.
3.3.2 Subject to the deductions set out in Clause 3.3.4(a) (Realisation of assets), any Cash realised pursuant to Clause 3.3.1(a) (Realisation of assets) will remain, and immediately constitute, a Trust Asset.
3.3.3 Any Cash realised pursuant to Clause 3.3.1(b) (Realisation of assets) will remain an asset of LFSL and will continue to form part of the Reserve Amount unless and until such time it becomes a Trust Asset in accordance with Clause 4.4.3 (Reserve Amount).
3.3.4 Not later than 10 Business Days after the date on which LFSL realises:
(a) a Trust Asset for Cash pursuant to Clause 3.3.1(a) (Realisation of assets) above, LFSL shall pay to the Settlement Account an amount equal to the Cash proceeds received by LFSL in respect of such asset (in each case, net of all fees, Tax and expenses incurred by LFSL in connection with the disposal or realisation of such asset); and
(b) an asset forming part of the Reserve Amount, LFSL shall pay to the Reserve Account an amount equal to the Cash proceeds received by LFSL in respect of such asset (in each case, net of all fees, Tax and expenses incurred by LFSL in connection with the disposal or realisation of such asset).
Realisation of Assets. From and after the Date of Termination and subject to clauses 7.3 and 7.4, the Trustee must realise the Assets of the Trust as soon as practicable, provided however that the Trustee may postpone realisation of all of the Assets of the Trust if it reasonably considers it is in the interests of Beneficiaries to do so. In this circumstance, until such realisation of the Assets of the Trust, the terms of the Trust will continue to apply with such changes as the context may require.
Realisation of Assets. The Company shall, acting in a commercially reasonable manner, use reasonable endeavours to sell all the Distributable Trust Assets of a Multiple Stock Line Pool within six months following the return of such Distributable Trust Assets by the Affected Intermediary to the Company.
Realisation of Assets. The Company will endeavour to liquidate all Distributable Trust Assets of a Multiple Stock Line Pool in a commercially reasonable manner within six months following the return of such Distributable Trust Assets.
Realisation of Assets. Upon the occurrence of the Termination Date of the Series Trust, the Trustee, in consultation with the Manager, must sell and realise the Assets of the Series Trust (and, in relation to the
(a) (FAIR MARKET VALUE): the Trustee must not offer to sell the Mortgage Loan Rights for less than their Fair Market Value;
(b) (SALE IN ACCORDANCE WITH CLAUSE 26.4): the Trustee must not sell any Mortgage Loan Rights unless the sale is on terms in accordance with clause 26.4; and
(c) (RIGHT OF FIRST REFUSAL): the Trustee must not sell any Mortgage Loan Rights unless it has offered the Mortgage Loan Rights for sale to the Sellers in accordance with clause 26.5 and CBA has either not accepted that offer or has accepted that offer within 90 days of that Termination Date but not paid the consideration due by the time required pursuant to clause 26.5.
Realisation of Assets. In connection with the realisation and liquidation of the assets of the Partnership, the General Partner or liquidator, as the case may be, shall use reasonable efforts to sell the assets of the Partnership on what it considers to be the best terms available. If the General Partner or liquidator, as the case may be, is unable to sell any asset of the Partnership, it may distribute such asset in-kind. The General Partner or liquidator, as the case may be, may hire independent valuation agents to determine the fair market value of any assets of the Partnership to be distributed in-kind.
Realisation of Assets. You agree (or, where you are acting as agent on behalf of an Underlying Client, Your Underlying Client agrees) that Custody Assets shall be subject to the Security Interest.
Realisation of Assets sell, exchange, convert into money and realise the Collateral or concur in so doing by public auction or private contract and generally in such manner and on such terms as he may in his discretion think fit. Without prejudice to the generality of the foregoing, he may do any of these things for any valuable consideration, including, without limitation, cash, shares, stock, debentures or other obligations. Any such consideration may be payable in a lump sum or by instalments spread over such period as he may in his discretion think fit;
