Terminating Capital Transaction. A sale, condemnation, exchange or other disposition, whether by foreclosure, abandonment or otherwise, of all or substantially all of the then remaining assets of the Company or a transaction that will result in a dissolution of the Company.
Terminating Capital Transaction. Allocations of Net Income or Net Loss (or items thereof) in connection with a Terminating Capital Transaction or liquidation of the Trust shall first be made so that, to the extent possible, each Shareholder's Capital Account balance is equal, and the remainder of such Net Income or Net Loss (or items thereof) shall, subject to the provisions of Section 9.5, be allocated to the Shareholders in accordance with their Percentage Interests.
Terminating Capital Transaction. This shall have the meaning ascribed to such term in the definition of Capital Transaction in this Section.
Terminating Capital Transaction. The sale or other disposition of all or substantially all of the Partnership Assets or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the Partnership Assets.
Terminating Capital Transaction a final and non-appealable judgment is entered by a court of competent jurisdiction ruling that a General Partner is bankrupt or insolvent, or a final and non-appealable order for relief is entered by a court with appropriate jurisdiction against a General Partner, in each case under any federal or state bankruptcy or insolvency laws as now or hereafter in effect, unless, prior to the entry of such order or judgment, the remaining General Partner(s) agrees to continue the business of the Partnership or, if no General Partner remains, all of the Limited Partners agree in writing to continue the business of the Partnership and to the appointment, effective as of a date prior to the date of such order or judgment, of a successor General Partner;
Terminating Capital Transaction. 5 1.28 Treasury Regulations...........................................5
Terminating Capital Transaction. 11 Section 1.64 Unrealized Gain . . . . . . . . . . . . . 11 Section 1.65 Unrealized Loss . . . . . . . . . . . . . 11 Section 1.66 WEA . . . . . . . . . . . . . . . . . . . 11
Terminating Capital Transaction. A Capital Transaction directly or indirectly involving the sale, exchange or other disposition of all or substantially all of the property of the Company. Transfer and Transferred: A direct or indirect sale, assignment, transfer or other disposition (voluntarily or by operation of law) of, or the granting or creating of a lien, encumbrance or security interest in, a Membership Interest.
Terminating Capital Transaction. Liquidation. Allocations of Net Income or Net Loss (or items thereof) in connection with a Terminating Capital Transaction or liquidation of the Partnership shall first be made so that, to the extent possible, each Partner's Capital Account balance is equal to such Partner's Adjusted Contribution, and the remainder of such Net Income or Net Loss (or items thereof) shall be allocated to the Partners in accordance with their Percentage Interests. Notwithstanding the preceding sentence, to the extent any Net Loss (or items thereof) would be allocated to a Restricted Partner under this subparagraph (c), such Net Loss shall not be allocated to such Restricted Partner and instead shall be allocated to the Permitted Partners pro rata in accordance with each Permitted Partner's Percentage Interest. 93
Terminating Capital Transaction. Any Capital Transaction involving all or substantially all of the then remaining Partnership Assets and/or any other transaction which will result in a dissolution of the Partnership. Unrealized Gain: As to any Partnership Asset, the Book Tax Gain, if any, that would be realized if such Partnership Asset were sold for its fair market value on the date of determination.
