Liquidating Event definition

Liquidating Event has the meaning set forth in Section 13.1 hereof.

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Liquidating Event is defined in Section 11.1.

Liquidating Event has the meaning set forth in Section 2.04 hereof.

Examples of Liquidating Event in a sentence

• After the occurrence of a Liquidating Event, no Holder shall take any action that is inconsistent with, or not necessary to or appropriate for, the winding up of the Partnership’s business and affairs.

• Notwithstanding any other provision of this Article 13, in the event that the Partnership is liquidated within the meaning of Regulations Section 1.704-1(b)(2)(ii)(g), but no Liquidating Event has occurred, the Partnership’s Property shall not be liquidated, the Partnership’s liabilities shall not be paid or discharged and the Partnership’s affairs shall not be wound up.

• Upon the occurrence of a Liquidating Event, the Partnership shall continue solely for the purposes of winding up its affairs in an orderly manner, liquidating its assets and satisfying the claims of its creditors and the Holders.

• Notwithstanding the other provisions of this Article 5, upon the occurrence of a Liquidating Event, the assets of the Partnership shall be distributed to the Holders in accordance with Section 13.2 hereof.

More Definitions of Liquidating Event

Liquidating Event has the meaning set forth in Section 8.01 of the Holdings LLC Agreement.

Liquidating Event is defined in ‎Section 9.2(b).

Liquidating Event shall have the meaning set forth in Section 2.4.

Liquidating Event is defined in Section 7.6.

Liquidating Event means the sale or exchange of all or substantially all of the assets of the Partnership, or any other transaction which, individually or together with any similar transaction or transactions, results in the disposition of all or substantially all of the Assets of the Partnership and occurs in the course of liquidation of the Partnership or upon and with respect to which event the Partnership will be dissolved and wound up. The General Partner’s designation of an event as a Liquidating Event shall be binding upon the Partners and the Partnership absent manifest error.

Liquidating Event has the meaning set forth in Section 14.1 hereof.

Liquidating Event means the sale or exchange of all or substantially all of the assets of the Fund, or any other transaction which, individually or together with any similar transaction or transactions, results in the disposition of all or substantially all of the assets of the Fund.