Liquidation Procedures definition

Liquidation Procedures has the meaning ascribed thereto in Section 6 below.
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Liquidation Procedures means, in the event the Sale Transaction is not consummated by the Outside Date, such procedures filed by the Wind-Down Debtor identifying the mechanics and procedures to effectuate the Liquidation Transaction.
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Liquidation Procedures means the procedure under which the Calculation Agent solicits firm, actionable bids from at least three dealers active in the relevant credit market (and, for the avoidance of doubt, Deutsche Bank AG London Branch (or any
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Examples of Liquidation Procedures in a sentence

  • The liquidation committee shall value and liquidate the Company’s assets in accordance with the Foreign Investment Enterprises Liquidation Procedures and other applicable Chinese law and regulations and the principles set out herein.

  • If a Liquidation Procedures Failure occurs the Issuer will serve a Bid Request on all Approved Counterparties within five Business Days of such occurrence.

  • Figure 2: Duration of Liquidation Procedures Before and After Law 5 ReformNote: Plot of the percentage of liquidation procedures closed within X months before and after Law 5 reform.

  • Any amount payable to Taberna by MLI or to MLI by Taberna under this Section 5 shall be paid on (i) if the Closing Data occurs prior to the Termination Data, the Closing Data and (ii) otherwise, the last date on which any Collateral Debt Security is sold pursuant to the Liquidation Procedures (and in any event no later than the date 30 days after the Termination Date).

  • Following the expiry of the Liquidation Procedures Failure Bid Period, the Issuer will appoint the Approved Counterparty which provided the lowest fee quotation in response to the Bid Request as the replacement Realisation Agent within five Business Days of the end of the Liquidation Procedures Failure Bid Period (subject to such party executing a Deed of Accession).

  • The contract is concluded on the https://ecsomag.hu platform by the order being placed by the sender as described above and by the Service Provider confirming the same.

  • For more information about E/M ratios and the liquidation process please read our Liquidation Procedures.

  • The Intermediate People’s Court of Taizhou City, Zhejiang Province issued the "Regulations for the Transfer of Execution Procedures to Personal Debt Liquidation Procedures (Interim)" on May 8, 2019, establishing a personal debt liquidation mechanism for the first time in China, which is a special procedure in the execution procedure.

  • Such Other Toxic PI Claims will be paid, if at all, pursuant to this TDP and the Trust Agreement.10.2 Claims Liquidation Procedures.

  • Liquidation of a FIE - Ordinary Liquidation Procedures - Special Liquidation Redemption Formation of an offshore JV to hold 100% equity interest in a WFOE.


More Definitions of Liquidation Procedures

Liquidation Procedures means in respect of any Note or Series of Notthees,procedures
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Liquidation Procedures means in respect of any Note or Series of Notes, the procedures that must be followed by the Selling Party for the purpose of realising the Series Assets relating to such Note or Series of Notes as described in Condition 4.3 (Liquidation Procedure).
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Liquidation Procedures has the meaning specified in Section 5.2(d).
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Liquidation Procedures means, with respect to the liquidation of any item of Collateral, and unless otherwise agreed to in writing between Citigroup and the Collateral Manager, Citigroup shall not later than 15 days after the Termination Date: (i) obtain at least two bids from leading dealers in leveraged loans, at least one of which is not an Affiliate of Citigroup (such dealers, “Market Makers”) to purchase such Collateral, (ii) notify the Collateral Manager of all such bids and (iii) sell such Collateral to (A) the Market Maker providing the highest bid price, (B) in the event that each Market Maker solicited provides an identical bid, to any such Market Maker selected by Citigroup or (C) Citigroup, if Citigroup offers to purchase such Collateral at a purchase price equal to or greater than the highest bid obtained by Citigroup from a Market Maker for such Collateral; provided that, notwithstanding clause (A), (B) or (C) above, if the Collateral Manager offers to purchase such Collateral at a purchase price equal to or greater than the highest bid obtained by Citigroup from a Market Maker for such Collateral, Citigroup shall sell such item of Collateral to the Collateral Manager; provided, further, that, following a Termination Date that is not a Closing Date, the Collateral Manager shall have the right to purchase all or any portion of the Collateral not related to Block Trades at such Collateral’s (or portion thereof) acquisition price within 10 Business Days following the Termination Date if the aggregate Net Realized Losses and Net Hedging Losses with respect to all items of Collateral not related to Block Trades do not exceed $8,000,000. However, if the Collateral Manager elects to purchase only a portion of such Collateral not related to Block Trades, the Collateral Manager can only do so if the aggregate Net Realized Losses and Net Hedging Losses with respect to all items of Collateral not related to Block Trades do not exceed $8,000,000.
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Related to Liquidation Procedures

  • Auction Procedures means the auction procedures constituting Part II of the form of Statement as of the filing thereof.

  • Operation Procedures means the procedures contained in Annexure A hereto which the Contractor is obliged to follow when performing work on behalf of the company

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • AML/KYC Procedures means the customer due diligence procedures of a Reporting Finnish Financial Institution pursuant to the anti-money laundering or similar requirements of Finland to which such Reporting Finnish Financial Institution is subject.

  • Reconciliation Procedures means those procedures set forth in Section 7.09 of this Agreement.

  • Sale Procedures Unless otherwise specified in the Supplement, shall mean that, with respect to any sale of one or more Underlying Securities or Related Assets, the Market Agent, on behalf of the Trust, shall sell such Underlying Securities or Related Assets to the highest bidders among not less than two solicited bidders for such Underlying Securities or Related Assets (one of which bidders may include Merrill Lynch & Co. or any Affiliate thereof; provided, however, that xxxxxxr Xxxxill Lynch & Co. nor any of its Affiliates will be under any obligxxxxx xo xxx, and which bidders need not be limited to recognized broker dealers). In the sole judgment of the Market Agent, bids may be evaluated on the basis of bids for a single Underlying Security or Related Asset, a portion of the Underlying Securities or Related Assets, or all of the Underlying Securities or Related Assets being sold or any other basis selected in good faith by the Market Agent.

  • Liquidation Report The report with respect to a Liquidated Mortgage Loan in such form and containing such information as is agreed to by the Servicer and the Trustee.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Staff Vetting Procedures means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.

  • Ordering Procedures means the ordering and award procedures specified in Clause 6 (Ordering Procedures) and Framework Schedule 5 (Ordering Procedure);

  • appropriate procedures means procedures reasonably designed to prevent and detect errors and omissions. In determining the reasonableness of such procedures, weight will be given to such factors as are appropriate, including the prior occurrence of any similar errors or omissions when such procedures were in place and transfer agent industry standards in place at the time of the occurrence.

  • Random selection process means a process by which currently income-eligible households are selected for placement in affordable housing units such that no preference is given to one applicant over another except for purposes of matching household income and size with an appropriately priced and sized affordable unit (e.g., by lottery).

  • Settlement Procedures means the Settlement Procedures attached hereto as Exhibit A.

  • Bidding Procedures means the procedures governing the Auction and sale of all or substantially all of the Debtors’ assets, as approved by the Bankruptcy Court and as may be amended from time to time in accordance with their terms.

  • Remarketing Procedures means the procedures for conducting Remarketings set forth in Part II of these Articles Supplementary.

  • Rights Offering Procedures means the procedures governing the Rights Offering, which procedures are attached as an exhibit to the Disclosure Statement, and shall be Acceptable to the Debtors and each of the Required Parties.

  • Servicing Procedures means the servicing procedures of Ford Credit relating to retail installment sale contracts originated or purchased by Ford Credit as the procedures may change.

  • customs procedures means the treatment applied by the customs administration of each Party to goods which are subject to customs control.

  • Security Procedures means rules and regulations governing access to, and health and safety procedures while on, Government premises; and information technology security protocols;

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • Dissent Procedures has the meaning set out in Section 3.1;

  • Internal Procedures means in respect of the making of any one or more entries to, changes in or deletions of any one or more entries in the register at any time (including without limitation, original issuance or registration of transfer of ownership) the minimum number of the Warrant Agent’s internal procedures customary at such time for the entry, change or deletion made to be complete under the operating procedures followed at the time by the Warrant Agent, it being understood that neither preparation and issuance shall constitute part of such procedures for any purpose of this definition;

  • Excess Liquidation Proceeds Account The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) for the benefit of the Certificateholders, which shall be entitled “Xxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of Wilmington Trust, National Association [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of WFRBS Commercial Mortgage Trust 2014-C22, Commercial Mortgage Pass-Through Certificates, Series 2014-C22, Excess Liquidation Proceeds Account”.

  • Policies and Procedures means the written policies and procedures of the Client in any way related to the Services, including any such policies and procedures contained in the Organic Documents and the Offering Documents.

  • Change Control Procedures Has the meaning given in Section 9.6(a) of the Agreement. Change Management or Change Management Process Means the processes relating to planning and performing all changes in DIR Customer's IT environment pertaining to the Services, including changes to individual components and coordination of changes across all components. The Change Management processes will support and include checkpoints to determine any potential or required Change Control Procedures. Chargeback Has the meaning given in Exhibit 4 of the Agreement.