Final Liability definition

Final Liability means a Litigation Liability which is evidenced by a final non-appealable judgment, order or other determination; or an Asserted Liability or a Litigation Liability which the Trustee determines should be accepted or settled and paid out from the Liquidating Trust Estate.
View Source
Final Liability is defined in Section 8(c).
View Source

Examples of Final Liability in a sentence

  • Following the liquidating distributions described in Section 6, the Fund, acting through its Officers, shall seek to cause the liquidation of the Illiquid Holding and, from the proceeds thereof, pay the Final Liability.

  • Any actions necessary to terminate the Fund’s registration with federal or state securities authorities may, if needed, be completed prior to completion of the post-liquidation disposition of the Illiquid Holding and payment of the Final Liability described above.

  • After the Final Liability is discharged, any excess proceeds realized from the disposition of the Illiquid Holding would not be retained by the Fund or by ▇▇▇▇▇ Fargo Asset Management.

  • Final Liability $732,300 The final liability amount is the total base liability after adjusting for ability to pay, economic benefit, other factors, and maximum and minimum liabilities, and rounded to nearest hundred.

  • The Final Liability Amount consists of the added amounts for each violation, with any allowed adjustments, provided the amount is within minimum and maximum liability amounts.

  • A deferred maintenance list has been created and prioritized based on safety, critical need, and cost.

  • Final Liability $187,000 The final liability amount is the total base liability after adjusting for ability to pay, economic benefit, other factors, and the maximum and minimum liabilities.

  • Estimated Economic Benefit (from Step 7 above): $2,141 $2,141 x 10% = $214.10 $2,141 + $214.10 = $2,355.10 The Final Liability Amount is within the maximum and minimum liability amounts for the violation.

  • Final Liability $32,100 (rounded) The final liability is the total base liability after adjusting for ability to pay, economic benefit, other factors, considering the maximum and minimum liabilities, and rounding to nearest hundred dollars.

  • The Final Liability Amount for the dibromochloromethane, dichlorobromomethane, total nitrogen, and total copper effluent limitation violations is within the minimum and maximum liability amounts.