Liquidating Share definition

Liquidating Share means, with respect to any retiring, deceased, dissolved, bankrupt or incompetent Partner, the aggregate value of the Capital Account(s) that relate to all of such Partner's Interest(s) as of the date in question after giving effect to all adjustments thereto, including the payment of any accrued Management Fee and allocation of any accrued Performance Allocation with respect to such Capital Account(s).
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Liquidating Share when used with respect to any retiring, deceased, bankrupt or legally incapacitated Partner, shall mean the Capital Account of such Partner on the date in question after giving effect to all adjustments thereto.
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Liquidating Share means, with respect to a Limited Partner required to retire from the Partnership pursuant to Section 8.3 hereof, or a General Partner removed from the Partnership pursuant to Section 10.1 hereof, the Capital Account of such Partner as of the date of retirement or removal, as the case may be, after giving effect to all adjustments thereto.
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Examples of Liquidating Share in a sentence

  • Accordingly, it is expected that overall, in order to minimise the administrative burden, three or four distributions should be made over the course of the next two years and thereafter dependent upon the timing and quantum of realisations received from the Company’s Long Lock Funds and Liquidating Share Classes.

  • You shall, by signing this Form of Election, agree, and be deemed to agree, that neither the Company’s Receiving Agent nor the Directors shall have any liability arising out of the exercise of any such discretion.The Directors cannot, and do not, offer any advice or recommendation to Shareholders on which elections (if any) they should make with respect to the 2022 Liquidating Share Class.

  • The Liquidating Share is payable in Securities, Contracts, cash or any combination thereof on or before ten days subsequent to the Determination Date in an amount reasonably expected to be not less than 85% of such Capital Account balance.

  • Refer to note 3 “Share Capital” for further detail regarding the Company's share transactions during the periods covered in these Unaudited Consolidated Financial Statements.(3) As defined by the Association of Investment Companies, the Company's annualised rate of ongoing charges for the Ordinary Share class and Liquidating Share class is 1.48% and 1.51%, respectively (30 September 2022: 1.38% and 0%).

  • If the Partnership is continued after the expiration of the year of determination, such Limited Partner or his legal representatives shall be entitled to receive within 60 days of the end of such fiscal year, in accordance with Section 8.03, the Liquidating Share of such Limited Partner as of the end of the year of determination.

  • Disparate impact, where used, played a role as an identifier calling for further investigation of evidence of disparate treatment, smoke that led to a search for the fire.

  • The Company will become liable for reimbursement for any amounts paid.

  • Subject to Sections 5.7 and 5.8 below, the retiring Limited Partner shall be paid an amount equal to at least ninety percent (90%) of his Liquidating Share (as hereinafter defined) within forty-five(45) calendar days following the Withdrawal Date, with the balance settled without interest no later than forty-five (45) calendar days following completion of the audit of the Partnership’s books for the year during which the retirement took place, subject to the reserve referred to inSection 5.5 hereof.

  • Development is being undertaken primarily by independent developers, many of whom are unregulated affiliates of utilities.

  • Table 2 summarizes the L series matrix of tests, varying the relative quantities of each of the above debris types.


More Definitions of Liquidating Share

Liquidating Share with respect to any Partner, means an amount, determined as of the date of the termination and dissolution of the Partnership, to be distributed to that Partner pursuant to the provisions of clause 14.3;
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Liquidating Share shall have the meaning set forth in Section 3.5.
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Liquidating Share means in the case of the dissolution of the Company, the total amount of money a Member would receive if all of the Company's Projects were sold at their Fair Market Value, all of the Company's liabilities were paid, and Distributions were made to the Members in accordance with the provisions of SECTION 6.2(b), as of the close of business on the effective date of such dissolution.
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Liquidating Share means, with respect to any completely withdrawing Member, the aggregate value of the Capital Account(s) that relate to such Member’s Interest in each relevant Series as of the date in question after giving effect to all adjustments thereto, including the payment of any accrued fees, Management Fee or other Expenses of each relevant Series with respect to such Capital Account(s).
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Liquidating Share. The amount payable to a Partner upon death, insanity or withdrawal from the Partnership as described in Section 8.3.
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Related to Liquidating Share

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

  • Liquidating Events shall have the meaning set forth in Section 13.1.

  • 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.

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Liquidation Call Right has the meaning ascribed thereto in the Plan of Arrangement;

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Liquidation Preference Amount means $25,000 per share of Series A Preferred Stock.

  • Liquidation Parity Stock means any class or series of stock of the Corporation (other than the Series L Preferred Stock) that ranks equally with the Series L Preferred Stock in the distribution of assets on any liquidation, dissolution or winding up of the Corporation.

  • Series A Liquidation Value means the sum of the Series A Liquidation Preference and declared and unpaid distributions, if any, to, but excluding, the date of the Dissolution Event on the Series A Preferred Mirror Units.

  • Series A Liquidation Preference means a liquidation preference for each Series A Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series A Preferred Unit amount of any accumulated and unpaid Series A Distributions (whether or not such distributions shall have been declared).

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • 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.

  • REIT Share means a share of common stock, par value $.01 per share, of the General Partner.

  • Liquidating Losses means any net loss realized in connection with the actual or hypothetical sale of all or substantially all of the assets of the Partnership (including upon the occurrence of any event of liquidation of the Partnership), including but not limited to net loss realized in connection with an adjustment to the book value of Partnership assets under Section 6.2 hereof.

  • Class A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Preference Amount means any amount previously distributed to an Owner on the Obligations that is recoverable and sought to be recovered as a voidable preference by a trustee in bankruptcy pursuant to the United States Bankruptcy Code (11 U.S.C.), as amended from time to time, in accordance with a final nonappealable order of a court having competent jurisdiction.

  • Capital Distribution means, with respect to any Person, a payment made, liability incurred or other consideration given for the purchase, acquisition, repurchase, redemption or retirement of any Equity Interest of such Person or as a dividend, return of capital or other distribution in respect of any of such Person’s Equity Interests.

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).

  • Dissolution Distribution Amount means, in relation to each Certificate:

  • Liquidation Profits As to any Distribution Date and any Mortgage Loan that became a Liquidated Loan during the Applicable Unscheduled Principal Receipt Period with respect to Full Unscheduled Principal Receipts for such Distribution Date, the excess, if any, of (i) Net Liquidation Proceeds in respect of such Liquidated Loan over (ii) the unpaid principal balance of such Liquidated Loan plus accrued interest thereon in accordance with the amortization schedule at the time applicable thereto at the applicable Net Mortgage Interest Rate from the Due Date to which interest was last paid with respect thereto through the last day of the month preceding the month in which such Distribution Date occurs.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.