Common use of Distribution of Company Property and Proceeds of Sale Thereof Clause in Contracts

Distribution of Company Property and Proceeds of Sale Thereof. 12.4.1. Upon completion of all sales of Company Property, and after payment of all selling costs and expenses, the Liquidator shall distribute the proceeds of such sales, and any Company Property that is to be distributed in kind, to the following groups in the following order of priority:

Appears in 14 contracts

Samples: Operating Agreement (Jefferson Holdings Inc.), Operating Agreement (Jefferson Holdings Inc.), Operating Agreement (Owens Corning)

AutoNDA by SimpleDocs

Distribution of Company Property and Proceeds of Sale Thereof. 12.4.1. (a) Upon completion of all desired sales of Company Property, and after payment of all selling costs and expenses, the Liquidator Liquidating Trustee shall distribute the proceeds of such sales, and any Company Property that is to be distributed in kind, to the following groups in the following order of priority:

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (PHH Corp), Limited Liability Company Operating Agreement (Realogy Corp), Limited Liability Company Operating Agreement (Realogy Corp)

Distribution of Company Property and Proceeds of Sale Thereof. 12.4.1. (a) Upon completion of all desired sales of Company Property, and after payment of all selling costs and expenses, the Liquidator shall distribute the proceeds of such sales, and any Company Property that is to be distributed in kind, to the following groups in the following order of priority:

Appears in 3 contracts

Samples: Limited Liability Company Agreement (SS&C Technologies Holdings Inc), Limited Liability Company Agreement (Cp Ships LTD), Limited Liability Company Agreement (TMM Lines LTD LLC)

Distribution of Company Property and Proceeds of Sale Thereof. 12.4.1. Upon (a) Subject to the provisions of Section 12.6, upon completion of all desired sales of Company Property, and after payment of all selling costs and expenses, the Liquidator shall distribute the proceeds of such sales, and any Company Property that is to be distributed in kind, to the following groups in the following order of priority:

Appears in 2 contracts

Samples: Supply Agreement (Minnesota Corn Processors LLC), Supply Agreement (Corn Products International Inc)

Distribution of Company Property and Proceeds of Sale Thereof. 12.4.1. (a) Upon completion of all sales of Company PropertyProperty to provide for liabilities of the Company, and after payment of all selling costs and expensesexpenses (the “Liquidation Completion Date”), the Liquidator shall distribute the proceeds of such sales, and any Company Property that is to be distributed in kind, to the following groups in the following order of priority:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Coty Inc.)

AutoNDA by SimpleDocs

Distribution of Company Property and Proceeds of Sale Thereof. 12.4.1. (a) ______ Upon completion of all desired sales of Company Property, and after payment of all selling costs and expenses, the Liquidator shall distribute the proceeds of such sales, and any Company Property that is to be distributed in kind, to the following groups in the following order of priority:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Primesource Corp)

Distribution of Company Property and Proceeds of Sale Thereof. 12.4.1. (a) Upon completion of all desired sales of Company Propertythe Company's property, and after payment of all selling costs and expenses, the Liquidator shall distribute the proceeds of such sales, and any Company Property property that is to be distributed in kind, to the following groups in the following order of priority:

Appears in 1 contract

Samples: Operating Agreement (George Foreman Enterprises Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.