Examples of Liquidation Effective Date in a sentence
If the Liquidation Effective Date occurs, the Liquidating Trustee shall decide whether or not to pursue the Causes of Action.
For the avoidance of doubt, pursuant to the Plan, Causes of Action are only Liquidating Trust Assets if the Liquidation Effective Date occurs.
Shareholders wanting to switch should do so in accordance with the Prospectus and in advance of the Liquidation Effective Date.
Any Property that is encumbered by one of more Liens that is not sold by the Debtor pursuant to Section 5.02(b) hereof shall be deemed abandoned and surrendered to the Secured Creditor(s) holding such Liens on the Liquidation Effective Date.
Option 2: Redeem in advance of the Liquidation Effective DateAlternatively, as of the date of this letter and up until the Liquidation Effective Date, shareholders may request the redemption of their shares free of any redemption charges levied by BlackRock.
As part of the general MOU, individual agency specifics that outline additional information pertinent to that agency’s agreement, deliverables, fund commitments (where appropriate), and participation in this Memorandum of Understanding are included as attachments to this MOU.
This discharge provision shall not apply if the Liquidation Effective Date occurs.
Option 1: SwitchUp until the Liquidation Effective Date and in accordance with the terms of the Prospectus, shareholders may request a switch of their shareholding, free of any charges (other than costs of dilution to either Fund as disclosed in the Prospectus), into the same or another share class of any other sub-fund of the Company, provided that the shareholder satisfies the conditions applicable to an investment in the applicable share class.
Option 3: Automatic redemptionIf you do not request a redemption or switch of your shares before the Liquidation Effective Date, on the Liquidation Effective Date, your shares will be automatically redeemed in accordance with the Articles (copies of which are available from your local Investor Servicing team).
If the Liquidation Effective Date occurs, then on the Liquidation Effective Date, the Liquidating Trust shall be vested with all Liquidating Trust Assets free and clear of all claims, Liens, charges and other interests of Creditors or Interest holders arising prior to the Petition Date, except as expressly provided for in this Plan.