Examples of Liquidator in a sentence

The Liquidator may defer liquidation for a reasonable time if it determines that an immediate sale or distribution of all or some of the assets would be impractical or would cause undue loss to the Members associated with such Series.
Upon dissolution of the Company or termination of any Series, the Manager shall select one or more Persons (which may be the Manager) to act as Liquidator.
In the case of a termination of a Series, other than in connection with a dissolution of the Company, the Manager shall act as Liquidator.
Nothing contained in this Section shall be construed as authorizing the Manager, or the Liquidator, to amend, change or modify this Agreement except in accordance with ARTICLE XII or as may be otherwise expressly provided for in this Agreement.
Each such Economic Member hereby agrees to be bound by any representation made by any officer of the Manager, or the Liquidator, acting in good faith pursuant to such power of attorney; and each such Economic Member, to the maximum extent permitted by law, hereby waives any and all defenses that may be available to contest, negate or disaffirm the action of the Manager, or the Liquidator, taken in good faith under such power of attorney in accordance with this Section.

More Definitions of Liquidator

Liquidator has the meaning set forth in Section 9.3.

Liquidator has the meaning set forth in Section 13.2 hereof.

Liquidator means the General Partner or other Person approved pursuant to Section 14.3 who performs the functions described therein.

Liquidator means one or more Persons selected by the Managing Member to perform the functions described in Section 13.2 as liquidating trustee of the Company within the meaning of the Act.

Liquidator means an insolvency professional appointed as a liquidator of the Company in accordance with section 34 of the IBC;

Liquidator has the meaning set forth in Section 10.8 of this Agreement.

Liquidator shall have the meaning set forth in Section 10.2.