Plan of Dissolution definition

Plan of Dissolution means the plan for the purposes of winding up, liquidating and dissolving the Seller to be submitted to the OCC.
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Plan of Dissolution means that certain Plan of Dissolution of Heller Ehrman
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Plan of Dissolution means the plan for the purposes of winding up, liquidating and dissolving the Seller to be submitted to the OCC. “Prepaid Expenses” means the prepaid expenses recorded or reflected on the books of Seller at the close of business on the Closing Date
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Examples of Plan of Dissolution in a sentence

  • Pursuant to Section 22 of the FCCA, the Nation’s Legislature as representative of the Owner shall approve or disapprove the Plan of Dissolution at a regular or special meeting of the Nation’s Legislature as representative of the Owner.

  • On December 10, 2008, the Board of Directors (the “Board”) of the Fund adopted the Plan of Dissolution and Complete Liquidation of NTS Mortgage Income Fund (the “Plan”).

  • Adoption of the Plan of Dissolution shall constitute approval of such payments by the stockholders of the Company.

  • Detached single-family uses shall provide at least 300 square feet of private open space adjacent to each unit.

  • It is intended that this Plan of Dissolution shall be a plan of complete liquidation of the Company in accordance with the terms of Sections 331 and 336 of the Code.

  • Phase Two comprises of the steps provided in the following sub-sections of this Section 3 of the Plan of Dissolution.

  • Upon such death, resignation, or other disability, the surviving or remaining members of the General Partner shall have the authority to fill the vacancy or vacancies so created, but the failure to fill such vacancy or vacancies shall not impair the authority of the surviving or remaining members of the General Partner to exercise any of the powers provided for in this Plan of Dissolution.

  • In connection with the Sale of the Properties, this Plan of Dissolution authorizes Uniprop AM, LLC, an affiliate of the General Partner that manages the Properties of the Partnership (the “Property Manager”), to receive a property disposition fee of 2.5% of the gross sales price of the Properties.

  • The death, resignation, or other disability of any individual member of the General Partner shall not impair the authority of the surviving or remaining members of the General Partner to exercise any of the powers provided for in this Plan of Dissolution.

  • In Phase One, which is comprised of the Sale of the Properties, the General Partner will pursue the sale of the Sunshine Village and West Valley manufactured housing communities (the “Properties”) – in exchange for cash, notes, redemption of equity, or such other assets as may be conveniently liquidated or distributed, which the General Partner expects to accomplish within 18 months after approval of the Plan of Dissolution.


More Definitions of Plan of Dissolution

Plan of Dissolution means a Plan of Dissolution approved by all Members as contemplated by Section 12.5.
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Plan of Dissolution means the Plan of Dissolution of Sterling Bancorp, Inc. as adopted by the board of directors of Seller on September 15, 2024, of which the Transactions comprise a part.
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Plan of Dissolution means the Plan of Dissolution of NGHIF Merger Sub, LLC, adopted as of November 24, 2014.
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Plan of Dissolution has the meaning set forth in Section 7.12.
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Related to Plan of Dissolution

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Plan of Distribution shall have the meaning set forth in Section 2(a).

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Plan of Liquidation with respect to any Person, means a plan that provides for, contemplates or the effectuation of which is preceded or accompanied by (whether or not substantially contemporaneously, in phases or otherwise): (1) the sale, lease, conveyance or other disposition of all or substantially all of the assets of such Person otherwise than as an entirety or substantially as an entirety; and (2) the distribution of all or substantially all of the proceeds of such sale, lease, conveyance or other disposition of all or substantially all of the remaining assets of such Person to holders of Equity Interests of such Person.

  • Common plan of development or sale means a contiguous area where separate and distinct construction activities may be taking place at different times on different schedules.

  • Event of dissociation means any of the events listed in Section 8.1 upon which the Member ceases to be a Member.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Dissolution Date means, as the case may be:

  • Plan of Conversion has the meaning given such term in Section 14.1.

  • TERMINATION OF THE INITIAL PUBLIC OFFERING means the earlier of (i) the date on which the Initial Public Offering expires or is terminated by the Company or (ii) the date on which all shares of stock offered in the Initial Public Offering are sold, excluding warrants, if any, offered thereunder and shares that may be acquired upon exercise of such warrants and shares offered thereunder that may be acquired pursuant to the Reinvestment Plan.

  • Reorganization Cases means the cases filed by the Debtors under Chapter 11 of the Bankruptcy Code.

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

  • Power of withdrawal means a presently exercisable general power of appointment other than a power:

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • COMMENCEMENT OF THE INITIAL PUBLIC OFFERING means the date that the Securities and Exchange Commission declares effective the registration statement filed under the Securities Act for the Initial Public Offering.

  • Winding Up Period means the period from the Dissolution Event to the Termination of the Company.

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • Plan of Reorganization means any plan of reorganization, plan of liquidation, agreement for composition, or other type of plan of arrangement proposed in or in connection with any Insolvency Proceeding.

  • Chapter 11 Case has the meaning set forth in the Recitals.

  • Reorganization Agreement has the meaning set forth in the recitals.

  • Winding-Up dissolution", "insolvency", or "reorganization" in the context of a company or corporation shall have the same meaning as defined in the Companies Act, 1956/ Companies Act, 2013 (as the case may be).

  • Chapter 11 Plan means a plan of reorganization or liquidation filed in any of the Chapter 11 Cases under Section 1121 of the Bankruptcy Code.

  • Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).

  • Reorganization Transactions shall have the meaning set forth in the Recitals.

  • Articles of Amalgamation means the articles of amalgamation giving effect to the Amalgamation required under the OBCA to be filed with the Director;