Duration of Liquidation. A reasonable time shall be allowed for the winding up of the affairs of the Company in order to minimize any losses otherwise attendant upon such a winding up.
Duration of Liquidation. The Board shall take such time for the winding up of the affairs of the Company as it shall determine in order to wind up the Company in an orderly manner and minimize any losses otherwise attendant upon such a winding up.
Duration of Liquidation. Such time as the Board determines in its sole discretion shall be allowed for the winding up of the affairs of the Fund in order to minimize any losses otherwise attendant upon such a winding up.
Duration of Liquidation. A reasonable time shall be allowed for the winding up of the affairs of the Partnership in order to minimize any losses that might otherwise result. The liquidator shall use commercially reasonable efforts to carry out the liquidation in conformity with the timing requirements of Treasury Regulation
Duration of Liquidation. 10.5 NO LIABILITY FOR RETURN OF CAPITAL. ...........................................................................................................
Duration of Liquidation. A reasonable time shall be allowed for the winding up of the affairs of the Partnership in order to minimize any losses otherwise attendant upon such a winding up; provided, however, that if the General Partner is the liquidator, it shall use reasonable efforts to dispose of or distribute all Partnership assets within one year of the Partnership's dissolution.
Duration of Liquidation. 21 SECTION 12.05.
Duration of Liquidation. A reasonable time shall be allowed for the winding up of the affairs of the Company in order to minimize any losses otherwise attendant upon such a winding up. The liquidator(s) shall use its best efforts to dispose of or distribute all Company assets within one year of dissolution, but shall not be bound to do so or liable in any way to any Member for failure to do so. The liquidator(s) shall then make final liquidating distributions from the Company on or before the later of (a) the end of the taxable year in which the date of liquidation of the Company occurs, or (b) ninety (90) days after the date of the liquidation of the Company. For this purpose, (1) the date of the liquidation of the Company shall be the date on which the Company has ceased to be a going concern, and (2) the Company shall not be deemed to have ceased to be a going concern until it has sold, distributed or otherwise disposed of its Portfolio Securities.
Duration of Liquidation. A reasonable time shall be allowed for the winding up of the affairs of the Partnership in order to minimize any losses otherwise attendant upon such a winding up. The liquidator(s) shall use its best efforts to dispose of or distribute all Partnership assets within one (I) year of dissolution, but shall not be bound to do so or be liable in any way to any Partner for failure to do so. The liquidator(s) shall then make final liquidating distributions from the Partnership within ninety (90) days after receipt by the Partnership of all such liquidation proceeds. For this purpose, (x) the date of the liquidation of the Partnership shall be the date on which the Partnership has ceased to be a going concern, and (y) the Partnership shall not be deemed to have ceased to be a going concern, until it has sold, distributed or otherwise disposed of its Portfolio Securities.
Duration of Liquidation. 17 6.4 No Liability for Return of Capital...............................17
