Common use of Contribution Back Clause in Contracts

Contribution Back. In the event any amount of Trust Assets released to a party under this Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Trustee in connection with the insolvency, bankruptcy or reorganization of such party, whether by order of or settlement before any court or other authority or otherwise, such party shall contribute back to the Trust an amount such that such party will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Trustee may request to restore the status quo ante .

Appears in 10 contracts

Samples: Liquidating Trust Agreement (PLM Equipment Growth Fund), Liquidating Trust Agreement (PLM Equipment Growth Fund Ii), Liquidating Trust Agreement (PLM Equipment Growth Fund Iv)

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Contribution Back. In the event any ------------------ amount of Trust Assets released to a party under this Liquidating Trust Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Trustee in connection with the insolvency, bankruptcy or reorganization of such party, whether by order of or settlement before any court or other authority or otherwise, such party shall contribute back to the Trust Trustee an amount such that such party will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Trustee may request to restore the status quo ante ante.

Appears in 8 contracts

Samples: Liquidating Trust Agreement (Airfund Ii International Limited Partnership), Liquidating Trust Agreement (American Income Fund I-E LTD Partnership), Liquidating Trust Agreement (American Income Partners v D LTD Partnership)

Contribution Back. In the event any amount of Trust Assets released to a party under this Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Trustee in connection with the insolvency, bankruptcy or reorganization of such party, whether by order of or settlement before any court or other authority or otherwise, such party shall contribute back to the Trust an amount such that such party will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Trustee may request to restore the status quo ante ante.

Appears in 4 contracts

Samples: Liquidating Trust Agreement (PLM Equipment Growth Fund Vi), Liquidating Trust Agreement (Professional Lease Management Income Fund I LLC), Liquidating Trust Agreement (PLM Equipment Growth & Income Fund Vii)

Contribution Back. In the event any ------------------ amount of Trust Assets released to a party under this Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Trustee in connection with the insolvency, bankruptcy or reorganization of such party, whether by order of or settlement before any court or other authority or otherwise, such party shall contribute back to the Trust an amount such that such party will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Trustee may request to restore the status quo ante ante.

Appears in 2 contracts

Samples: Liquidating Trust Agreement (PLM Equipment Growth Fund Iii), Liquidating Trust Agreement (PLM Equipment Growth Fund Iii)

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Contribution Back. In the event any ------------------ - amount of Trust Assets released to a party under this Liquidating Trust Agreement is invalidated, declared to be fraudulent or preferential or must otherwise be restored or returned by the Trustee in connection with the insolvency, bankruptcy or reorganization of such party, whether by order of or settlement before any court or other authority or otherwise, such party shall contribute back to the Trust Trustee an amount such that such party will be affected by that invalidation, declaration, restoration or return ratably in proportion to the distributions it received under this Agreement, together with any related assignment, release or other instrument or document the Trustee may request to restore the status quo ante ante.

Appears in 2 contracts

Samples: Liquidating Trust Agreement (American Income Partners v a LTD Partnership), Liquidating Trust Agreement (American Income Partners v B LTD Partnership)

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