Reasonable Time for Liquidating. A reasonable time shall be allowed for the orderly liquidation of the Company’s assets pursuant to Section 9.2 above in order to minimize the losses normally attendant upon such a liquidation.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Columbia Equity Trust, Inc.), Limited Liability Company Agreement (Columbia Equity Trust, Inc.), Limited Liability Company Agreement (Columbia Equity Trust, Inc.)
Reasonable Time for Liquidating. A reasonable time as deemed necessary or appropriate by the General Partner shall be allowed for the orderly liquidation of the Company’s assets pursuant to Section 9.2 above in order 13.2 to endeavor to minimize the losses normally attendant upon such a liquidation.
Appears in 2 contracts
Samples: Escrow Agreement (Parkway, Inc.), Escrow Agreement (Parkway, Inc.)
Reasonable Time for Liquidating. A reasonable time shall be allowed for the orderly liquidation of the Company’s 's assets pursuant to Section 9.2 above in order to minimize the losses normally attendant upon such a liquidation.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (American Skiing Co /Me), Limited Liability Company Agreement (American Skiing Co /Me)
Reasonable Time for Liquidating. A reasonable time shall be allowed for the orderly liquidation of the Company’s assets Company Assets pursuant to Section 9.2 above in order to minimize the losses normally attendant upon such a liquidation; provided, however, that such liquidation shall comply in all events with the timing requirements of Treasury Regulations Section 1.704-1(b)(2)(ii)(b).
Appears in 1 contract
Samples: Limited Liability Company Agreement (American Assets Trust, Inc.)
Reasonable Time for Liquidating. A reasonable time shall be allowed ------------------------------- for the orderly liquidation of the Company’s 's assets pursuant to Section 9.2 above 15.2 hereof in order to minimize reduce the risk of losses normally which might be attendant upon such a liquidation.
Appears in 1 contract
Samples: Operating Agreement (Highwoods Realty LTD Partnership)
Reasonable Time for Liquidating. A reasonable time shall be allowed for the orderly liquidation of the Company’s assets pursuant to Section 9.2 above 20.2 hereof in order to minimize reduce the risk of losses normally which might be attendant upon such a liquidation.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (OPC Residential Properties Trust, Inc.)
Reasonable Time for Liquidating. A reasonable time shall be allowed ------------------------------- for the orderly liquidation of the Company’s 's assets pursuant to Section 9.2 above 23.2 hereof in order to minimize reduce the risk of losses normally which might be attendant upon such a liquidation.
Appears in 1 contract
