Examples of Liquidation Committee in a sentence

In consideration for the acquisition of the mining lease, Keegan paid US$50,000 to the Bonte Liquidation Committee and US$50,000 to the Minerals Commission of Ghana for the title transfer.
In accordance with Section 314 of the Companies Act 1993 a creditor or shareholder may request the Liquidator to call a meeting of creditors or shareholders at any time in the course of the Liquidation to vote on a proposal that a Liquidation Committee be appointed to act with the Liquidator.
In addition to any functions conferred on a Liquidation Committee by any provision of these Regulations, a Liquidation Committee shall assist the liquidator in discharging the liquidator's functions and act in relation to the liquidator in such a manner as may be agreed from time to time.
The Shareholders Meeting shall establish the duration of the functions of the Liquidation Committee, and shall determine the compensation of its members.
Both concessions are governed by mining leases that grant the Ghanaian government a standard 10% carried interest and a 3% royalty and the Bonte Liquidation Committee a 0.5% royalty.

More Definitions of Liquidation Committee

Liquidation Committee shall have the meaning set forth in Section 10.1.

Liquidation Committee. Section 16.4(c) “List” Section 14.2(a)(i) “New Provision” Section 23.13

Liquidation Committee. The Board of Directors shall form a Liquidation Committee, comprising two(2) members appointed by Party A, one(1) member appointed by Party B and four (4) members appointed by Party C. The Liquidation Committee shall conduct a thorough examination of the assets and liabilities of the Company and develop a liquidation plan in compliance with this Contract and relevant laws and regulations of the People's Republic of China for the liquidation of the Company. No member of the Liquidation Committee shall have the power to take any action binding on the Liquidation Committee, or the Board of Directors, or the Company without the express authorization and the unanimous consent of the entire Liquidation Committee. All actions taken by the Liquidation Committee shall require the unanimous approval of the entire Liquidation Committee. The Liquidation Committee will value and liquidate the Company's assets based on the actual circumstances of the Company valued as an ongoing concern, so as to cause the Parties to receive the then market value for the assets.

Liquidation Committee. Section 16.4(c) “New Provision” Section 23.12 “Non-Appointing Party” Section 16.4(c) “Non-Electing Party” Section 9.4(c)

Liquidation Committee. Section 17.5(b)

Liquidation Committee has the meaning ascribed to it in Article 17 hereof.

Liquidation Committee has the meaning given to that term in Section 16.2.