VOLUNTARY LIQUIDATION Sample Clauses

VOLUNTARY LIQUIDATION. Subject to provisions in the Memorandum, the Company may by Resolution of Shareholders appoint a voluntary liquidator.
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VOLUNTARY LIQUIDATION or dissolution or the approval by the management, board of directors, stockholders, or owners of a Party of any plan or arrangement for the voluntary liquidation or dissolution of the Party;
VOLUNTARY LIQUIDATION. In the event Cedarwalk or any of its Subsidiaries proposes to wind up, liquidate or dissolve one or more of the Companies, Cedarwalk shall provide written notice thereof to Waldencast no later than ninety (90) days prior to the initiation of such winding up, liquidation or dissolution, and Waldencast shall have the right, exercisable within sixty (60) days of receipt of such notice, to purchase each such Company proposed to be wound up liquidated or dissolved at an amount equal to its net asset value as determined by an independent financial expert appointed by Waldencast; provided that if Waldencast offers to acquire any such Companies at its net asset value, Cedarwalk must sell such Company to Waldencast, and Waldencast shall be required to purchase such Company, for an amount equal to such Company’s net asset value.
VOLUNTARY LIQUIDATION. 6.3.5.1. In the event that a resolution is passed for the voluntary liquidation of the Company, the Company will issue a written notice to this effect to all the Holders of Convertible Debentures in circulation at the time, that are registered in the Register of the relevant Series of Convertible Debentures, and will additionally publish a notice in this regard in two (2) widely distributed daily newspapers that are published in Israel in Hebrew. Every Holder of Convertible Debentures shall be entitled, at his choice, to be considered as having exercised the conversion right pertaining to the Debentures shortly before the resolution was passed, provided that he notifies the Company of his choice within three (3) months of the said notice by the Company.
VOLUNTARY LIQUIDATION. RHS may accept the Lender’s plan to use vol- untary liquidation when the plan clear- ly addresses the responsibilities of the parties, the Lender maintains over- sight of the progress of the sale, the property is listed for sale at a price in line with its market value (if there is not already a bona fide purchaser for the dwelling), and the expected cost to the Government is the same as or less than the cost of foreclosure.
VOLUNTARY LIQUIDATION. (a) If the Company shall be wound up, any liquidator must be approved by the majority in voting power of the Series A Preference Shares (voting together as a separate class on an as-converted basis).
VOLUNTARY LIQUIDATION. (a) In addition to the Seller's right to liquidate the Purchased Interests, in full or in part, pursuant to Section 2.01(c), the Seller may, upon at least ten (10) Business Days' prior written notice (each such notice, a "Voluntary Liquidation Notice") to the Program Agent and the Managing Agents, commence a period during which Capital will be fully liquidated from Collections (each such period, a "Voluntary Liquidation Period"). Each such Voluntary Liquidation Notice shall include the date of the commencement of the Voluntary Liquidation Period.
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VOLUNTARY LIQUIDATION. 9.5.1 In the event that a resolution is passed to voluntarily liquidate the Company, the Company shall issue written notice thereof to all holders of the Convertible Bonds in circulation at that time, which are registered in the register for the Relevant Series of Convertible Bonds, and shall publish an announcement in that regard in two (2) widely-circulated daily newspapers published in Israel in the Hebrew language. Every holder of the Convertible Bonds shall be entitled, at its discretion, to be deemed as if it exercised its conversion right in respect thereof prior to the passing of the resolution, this if the bondholder shall notify the Company in writing of this desire within three (3) months of the date of the Company's said notice.
VOLUNTARY LIQUIDATION. [a] In the case a decision is made to voluntarily liquidate the Company, the Company will provide written notification to the (A Series) Bond Holders in currency at that time, and will also publish in two common daily Israeli newspapers in Hebrew. All (A Series) Bond Holders will be entitled to if so desired, to be considered as if he realized his right of conversion for this on the eve of the decision, this only if he informs the company concerning his wish within three months from the date of the notification. [b] In this case the (A Series) Bond Holders will be entitled to participate in the division of surplus possessions of the Company in liquidation (following the clearing of all its debts) between share holders and this to an amount the company’s liquidator would receive if he was a Share Holder in the Company on the eve of the making of the decision for liquidation as a result of the (A Series) Bonds in its possession, After deducting amount of interest paid for those (A Series) Bond on the date of decision or at a later date (with the exception of the interest whose date for payment is prior to the date of the decision, even if it was paid on the date of the decision or at a later date); and that the (A Series) Bond Holder was not entitled to any payment according to the A Series) Bond whose date for payment is later than the date of the decision.
VOLUNTARY LIQUIDATION. The Company may by Resolution of Shareholders or by Resolution of Directors appoint a voluntary liquidator.
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