dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;
Event of Dissolution shall have the meaning set forth in Section 10.1.
Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.
Early Dissolution Event has the meaning specified in Section 9.2.
Liquidation Distribution has the meaning specified in Section 9.4(d).
Winding Up Period means the period from the Dissolution Event to the Termination of the Company.
Winding-Up means the period triggered by dissolution during which the limited liability company ceases to carry on business, except to the extent necessary for concluding affairs, and disposing of assets under section 10-32.1-51.
Dissolution Date means, as the case may be:
Power of withdrawal means a presently exercisable general power of appointment other than a power:
Dissolution Distribution Amount means, in relation to each Certificate:
Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).
Plan Distribution means a payment or distribution to Holders of Allowed Claims, Allowed Interests, or other eligible Entities under and in accordance with the Plan.
Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in section 402.
Liquidation Call Right has the meaning ascribed thereto in the Plan of Arrangement;
Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.
Liquidation means the distributions of the Trust Account to the Public Shareholders in connection with the redemption of Ordinary Shares held by the Public Shareholders pursuant to the terms of the Company’s Amended and Restated Memorandum and Articles of Association, as amended, if the Company fails to consummate a Business Combination.
winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;
Liquidating Event has the meaning set forth in Section 13.1 hereof.
Hardship Distribution means a severe financial hardship to the Participant resulting from a sudden and unexpected illness or accident of the Participant or of his or her dependent (as defined in Section 152(a) of the Code), loss of a Participant’s property due to casualty, or other similar or extraordinary and unforseeable circumstances arising as a result of events beyond the control of the Participant. The circumstances that would constitute an unforseeable emergency will depend upon the facts of each case, but, in any case, a Hardship Distribution may not be made to the extent that such hardship is or may be relieved (i) through reimbursement or compensation by insurance or otherwise, (ii) by liquidation of the Participant’s assets, to the extent the liquidation of assets would not itself cause severe financial hardship, or (iii) by cessation of deferrals under this Plan.
Notice of Withdrawal means a notice containing the information set out in Schedule VII;
Liquidating Events shall have the meaning set forth in Section 13.1.
Event of dissociation means any of the events listed in Section 8.1 upon which the Member ceases to be a Member.
Reorganization Event has the meaning specified in Section 5.6(b).
Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. Section 1.708-1(b)(1)(iv) in the event of a termination of the Company pursuant to section 708(b)(1)(B) of the Code.
Withdrawal Event means the earliest to occur of any event which causes a Partner to cease to be a Partner, and to become a Former Partner, as set forth in Section 1.29.
Reorganization Cases means the cases filed by the Debtors under Chapter 11 of the Bankruptcy Code.