Common use of Liquidator Clause in Contracts

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (ATN International, Inc.), Limited Liability Company Agreement (ATN International, Inc.)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Sources: Operating Agreement (Agrify Corp), Limited Liability Company Agreement

Liquidator. The Board, or, if the Board is unable to do so, a A Person selected by the holders of a majority of Board (which may, with Board approval, be the Common UnitsAdministrative Agent), acting at the Board’s direction, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Great Elm Capital Corp.), Limited Liability Company Agreement (Great Elm Capital Corp.)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Sources: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.), Limited Liability Company Agreement (Pitney Bowes Inc /De/)

Liquidator. The Board, or, if the Board is unable to do so, a Principal Member (or such other Person selected designated by the holders of a majority of the Common Units, Principal Member and who agrees to act as liquidator) shall act as liquidator to wind up the Company (the “Liquidator”)) to wind up the Company. The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (TELUS International (Cda) Inc.), Stock Purchase Agreement (TELUS International (Cda) Inc.)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units and a majority of the Preferred Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-business- like manner.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected Member or other person designated by the holders of a majority of the Common Units, Member shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (A.W. Realty Company, LLC), Limited Liability Company Agreement (A.W. Realty Company, LLC)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common UnitsMembers, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Village Farms International, Inc.)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign , and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

Liquidator. The BoardManager, or, if the Board is unable to do so, a or another Person selected by the holders of a majority of the Common UnitsManager, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (BIT ORIGIN LTD)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of Common Requisite Members and the Common UnitsPreferred Requisite Members, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Capstone Green Energy Holdings, Inc.)

Liquidator. The Board, or, if the Board is unable to do so, a A Person selected by the holders of a majority Majority in Interest of the Common Units, Members shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Capstone Therapeutics Corp.)

Liquidator. The Board, Managers or, if the Board is Managers are unable to do so, a Person selected by the holders of a majority of the Common Class A Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Operating Agreement (Atlanticus Holdings Corp)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “"Liquidator”"). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Scio Diamond Technology Corp)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Ternio, LLC)

Liquidator. The BoardManaging Member, or, if the Board Managing Member is unable to do so, a Person selected by the holders of a majority of the Common UnitsClass A Requisite Members, shall act as liquidator to wind up the Company (the “"Liquidator”"). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Subscription Agreement

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall will act as liquidator to wind up the Company (the “Liquidator”), unless the Board designates another Person to act as Liquidator. The Liquidator shall will have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (NeoGames S.A.)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Class A Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Operating Agreement (Verb Technology Company, Inc.)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected Member or other person designated by the holders of a majority of the Common Units, Member shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Company Agreement

Liquidator. The Subject to Section 8.10(dd), the Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement

Liquidator. The BoardManaging Member, or, if the Board Managing Member is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Equity Incentive Unit Grant Agreement

Liquidator. The BoardManager, or, if the Board Manager is unable to do so, a Person selected by the holders of a majority of the Common Preferred Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Operating Agreement

Liquidator. The Board, or, if the Board is unable Member Majority shall select any Person to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”"). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Operating Agreement (Csac Acquisition Inc.)

Liquidator. The Board, or, if the Board is unable to do so, a Person selected by the holders of a majority of the Common Units, or its designee shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Priority Technology Holdings, Inc.)

Liquidator. The BoardManaging Member, or, if the Board Managing Member is unable to do so, a Person selected by the holders of a majority of the Common UnitsManaging Member, shall act as liquidator to wind up the Company (the “"Liquidator”"). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Operating Agreement

Liquidator. The BoardManager, or, if the Board Manager is unable to do so, a Person selected by the holders of a majority of the Common UnitsVoting Majority, shall act as liquidator to wind up the Company (the “Liquidator”)) to wind up the Company. The Liquidator shall have full power and authority to sell, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement

Liquidator. The BoardBoard of Members, or, if or an independent third party appointed by the Board is unable to do so, a Person selected by the holders of a majority of the Common UnitsMembers, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Axiall Corp/De/)

Liquidator. The BoardBoard of Managers, or, if the Board is unable to do so, a or another Person selected by the holders Board of a majority of the Common UnitsManagers, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Grom Social Enterprises, Inc.)

Liquidator. The BoardManager, or, if the Board Manager is unable to do so, a Person selected by the holders of a majority of the Common UnitsClass A Members, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall will have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement

Liquidator. The BoardManaging Partner, or, if the Board Managing Partner is unable to do so, a Person selected by the holders of a majority of the Common UnitsManaging Partner, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s 's assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Partnership Agreement (Carolina Complete Health Network, Inc.)

Liquidator. The BoardManager, or, if the Board Manager is unable to do so, a Person selected by the holders of a majority of the Common Units, shall act as liquidator to wind up the Company (the “Liquidator”). The Liquidator shall have full power and authority to sell, assign assign, and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Global Defense & National Security Holdings LLC)