Common use of Time for Liquidation, etc Clause in Contracts

Time for Liquidation, etc. A reasonable time period shall be allowed for the orderly winding up and liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding up and until the filing of a Notice of Dissolution of the Partnership with the Registrar of Exempted Limited Partnerships as provided in Section 10.3.

Appears in 3 contracts

Samples: Purchase Agreement (Lauder Ronald S), Purchase Agreement (Apax Partners Europe Managers LTD), Limited Partnership Agreement (Lauder Ronald S)

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Time for Liquidation, etc. A reasonable time period shall be allowed for the orderly winding up and liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Partnership to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding winding-up and until the filing of a Notice certificate of Dissolution cancellation of the Certificate of Limited Partnership of the Partnership with the Registrar Secretary of Exempted Limited Partnerships as provided in Section 10.3State of the State of Delaware.

Appears in 2 contracts

Samples: Supplementary Agreement, Supplementary Agreement (Institutional Financial Markets, Inc.)

Time for Liquidation, etc. A reasonable time period shall be allowed for the orderly winding up and liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Partnership to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding up and until the filing of a the Notice of Dissolution of the Partnership with the Registrar of Exempted Limited Partnerships as provided in Section 10.39.5.

Appears in 2 contracts

Samples: www.sec.gov, Oaktree Capital Group, LLC

Time for Liquidation, etc. A reasonable time period shall be allowed for the orderly winding up and liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner Partnership to seek to minimize potential losses upon such liquidation. The provisions of this Agreement Agreement, including the provisions relating to the making of the Carried Interest, shall remain in full force and effect during the period of winding up and until the filing of a Notice certificate of Dissolution cancellation of the Certificate of Limited Partnership of the Partnership with the Registrar Secretary of Exempted Limited Partnerships as provided in Section 10.3State of the State of Delaware.

Appears in 1 contract

Samples: Limited Partnership Agreement (New Mountain Vantage Advisers, L.L.C.)

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Time for Liquidation, etc. A reasonable time period shall be allowed for the orderly winding winding-up and liquidation of the assets of the Partnership and the discharge of liabilities to creditors so as to enable the General Partner to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding up and until winding-up. For greater certainty, no Management Fee shall be payable in respect of any period after the filing occurrence of a Notice of Dissolution of the Partnership with the Registrar of Exempted Limited Partnerships as provided in Section 10.3Winding-up Event.

Appears in 1 contract

Samples: Limited Partnership Agreement

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