Common use of Distribution in Liquidation Clause in Contracts

Distribution in Liquidation. The Liquidator shall, as soon as practicable, wind up the affairs of the Partnership and sell and/or distribute the assets of the Partnership. The assets of the Partnership shall be applied in the following order of priority:

Appears in 9 contracts

Samples: Partnership Agreement and Power (America First Tax Exempt Investors Lp), Agreement, Sixth Amended Agreement (Vistancia Marketing, LLC)

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Distribution in Liquidation. The Liquidator shall, as soon as practicablepracticable following the event giving rise to the dissolution, winding up and termination of the Partnership, wind up the affairs of the Partnership and sell and/or distribute the assets of the Partnership. The assets of the Partnership shall be applied in the following order of priority:

Appears in 1 contract

Samples: Agreement

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Distribution in Liquidation. The Subject to Section 10.6, the Liquidator shall, as soon as practicable, wind up the affairs of the Partnership and sell and/or distribute the assets of the Partnership. The assets of the Partnership shall be applied in the following order of priority:

Appears in 1 contract

Samples: Shea Homes Limited Partnership

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