Interim Liquidation definition

Interim Liquidation means any time before the Liquidity Termination Date during which no Reinvestment Purchases are made by any Purchaser, as established pursuant to Section 1.2.
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Interim Liquidation means any time before the Termination Date during which no Reinvestment Purchases are made by any Purchaser, as established pursuant to Section 1.2.
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Interim Liquidation means any time before the Loan Amortization Date during which Collections shall be used to pay Loan Amounts as described in Section 3.3, as established pursuant to Section 2.2.
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Examples of Interim Liquidation in a sentence

  • It claims that Electroquil reserved its right to claim late interest on several occasions and that Ecuador cannot reasonably argue that such a claim be excused on the grounds of force majeure or that it has been waived, settled or released by virtue of the Interim Liquidation Agreement, the 95 and 96 Liquidation Agreements, the Subrogation Agreements, the Reciprocal Obligations Agreement and/or the Undisputed Amounts Interest Agreement.

  • The Claimants submit that the Interim Liquidation Agreement was not intended to deal with interest.

  • The Respondent further argues that interest has, in any event, been waived or settled with respect to the Interim Liquidation Agreement, the 95 and 96 Liquidation Agreements, the Reciprocal Obligations Agreement and the Undisputed Amounts Interest Agreement.

  • The University of Maine recognizes the increasingly global context of its work.

  • Specifically, the 95 Liquidation Agreement states that the Contract Administrator had authorized payment of Electroquil’s invoices, detailed in the appended financial settlement, which inter alia took the Interim Liquidation Agreement (Cl. Exh.

  • In the present instance, the Interim Liquidation Agreement contains no reservation of interest.

  • Payment under the claims of the Bank’s creditors shall be made by the Liquidation Commission in the order of priority set out in Article 64 of the Civil Code of the Russian Federation, in compliance with the Interim Liquidation Balance, and starting with date of such balance approval.

  • Brighton Matewere died at Blantyre Malawi on 16 September 2007 and the Interim Liquidation and Distribution Account of the Estate is hereto attached as annexure ‘C’.

  • Annexure 1 is an e-mail that the applicant’s liquidator wrote to the first respondent on 30 September 2013 saying that the First Interim Liquidation and Distribution Account period of inspection had been completed on 5 September 2013 and that the second respondent was attending to the confirmation of the said liquidation account.

  • The Second Interim Liquidation and Distribution Account filed by the second respondent in October 2019 be and is hereby set aside.

Related to Interim Liquidation

  • Net Liquidation Proceeds With respect to any Liquidated Mortgage Loan or any other disposition of related Mortgaged Property (including REO Property) the related Liquidation Proceeds net of Advances, Servicing Advances, Servicing Fees and any other accrued and unpaid servicing fees received and retained in connection with the liquidation of such Mortgage Loan or Mortgaged Property.

  • Pro-rata Liquidation means an amount equal to the liquidation of the relevant Collateral Assets held in the Margin Account for a Series of ETP Securities, pro rata to the amount of ETP Securities being redeemed divided by the total number of ETP Securities for such Series, after the pro rata deduction of all costs and expenses incurred by the Issuer in connection with the liquidation of such Collateral Assets, the pro rata deduction of the Arranger Fee and any Funding and Brokerage Fees.

  • Loss-to-Liquidation Ratio means the ratio (expressed as a percentage) computed as of the last day of each calendar month by dividing (i) the aggregate Outstanding Balance of all Receivables which became Defaulted Receivables during such month, by (ii) the aggregate amount of Collections received by the Collection Agent during such period.

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • self-liquidating paper means any draft, xxxx of exchange, acceptance or obligation which is made, drawn, negotiated or incurred by the Company for the purpose of financing the purchase, processing, manufacturing, shipment, storage or sale of goods, wares or merchandise and which is secured by documents evidencing title to, possession of, or a lien upon, the goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously constituting the security, provided the security is received by the Trustee simultaneously with the creation of the creditor relationship with the Company arising from the making, drawing, negotiating or incurring of the draft, xxxx of exchange, acceptance or obligation.

  • Deemed Liquidation Event means: (i) a merger or consolidation in which the Corporation is a constituent party or a subsidiary of the Corporation is a constituent party and the Corporation issues shares of its capital stock pursuant to such merger or consolidation, except any such merger or consolidation involving the Corporation or a subsidiary in which the shares of capital stock of the Corporation outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for shares of capital stock that represent, immediately following such merger or consolidation, at least a majority, by voting power, of the capital stock of the surviving or resulting corporation or if the surviving or resulting corporation is a wholly owned subsidiary of another corporation immediately following such merger or consolidation, the parent corporation of such surviving or resulting corporation; or (ii) the sale, lease, transfer, exclusive license or other disposition, in a single transaction or series of related transactions, by the Corporation or any subsidiary of the Corporation of all or substantially all the assets of the Corporation and its subsidiaries taken as a whole, or the sale or disposition (whether by merger or otherwise) of one or more subsidiaries of the Corporation if substantially all of the assets of the Corporation and its subsidiaries taken as a whole are held by such subsidiary or subsidiaries, except where such sale, lease, transfer, exclusive license or other disposition is to a wholly owned subsidiary of the Corporation.

  • Liquidation Event With respect to any Mortgage Loan, any of the following events: (i) such Mortgage Loan is paid in full; (ii) a Final Recovery Determination is made as to such Mortgage Loan; or (iii) such Mortgage Loan is removed from REMIC I by reason of its being purchased, sold or replaced pursuant to or as contemplated by Section 2.03, Section 3.16(a) or Section 9.01. With respect to any REO Property, either of the following events: (i) a Final Recovery Determination is made as to such REO Property; or (ii) such REO Property is removed from REMIC I by reason of its being purchased pursuant to Section 9.01.

  • Net Orderly Liquidation Value means, with respect to Inventory of any Person, the orderly liquidation value thereof, net of all costs of liquidation thereof, as based upon the most recent Inventory appraisal conducted in accordance with this Agreement and expressed as a percentage of Cost of such Inventory.

  • Scheduled Dissolution Date means, in respect of each Series, the date specified as such in the applicable Final Terms;

  • Initial Liquidation Preference means one thousand dollars ($1,000.00) per share of Convertible Preferred Stock.