Forced Liquidation definition

Forced Liquidation has the meaning given to that term in clause 15.2 of this Agreement. General Advice is as defined in the Corporations Act 2001 (Cth), as varied from time to time. Indication has the meaning given in clause 19.1 of this Agreement.

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Forced Liquidation has the meaning as described in clause 10.

Forced Liquidation has the meaning as described in clause 9. “Ineligible Event” has the meaning as described in clause 16. “KYC” means know-your-customer.

Examples of Forced Liquidation in a sentence

Eligible Real Estate of any Borrower shall be that real estate and improvements thereon that Agent has specifically identified and approved in writing and as to which, following an independent appraisal thereof, Agent has assigned an Appraised Forced Liquidation Value and to which none of the criteria below applies.
All losses caused by Forced Liquidation shall be borne by you, including any losses where you did not take appropriate measures to reduce your position after receiving in time after receiving a Warning Message.
The Net Forced Liquidation Value of Eligible Equipment and the appraised fair market value of Eligible Real Property as of the date of the Appraisal delivered prior to the Closing Date, are set forth on Schedule 1.14.
Since data has been presented to the undersigned that a possible corporate foreclosure is being considered that would effectively end the ability of the company to continue as a going concern, said valuation method will not be utilized herein to obtain a Fair Market Forced Liquidation Value for an electronic contract manufacturing services type organization.
We shall not be obligated to provide notice to you before commencing the Forced Liquidation on the Margin in your Spot Account and/or Margin Account.
We reserve the right to manage the total value of the Loans, the maximum amount of Loans, the Warning Line and Forced Liquidation Line.
Upon request by Borrower to access Availability against the Eligible Inventory and approval by Lenders, the Revolving Credit Facility Maximum shall include availability against eligible Inventory up to FIFTY PERCENT (50%) of the Forced Liquidation Value of the eligible Inventory subject to an additional sub-limit not to exceed ONE HUNDRED PERCENT (100%) of the Availability against Eligible Accounts Receivable.
Hence, liquidation value is usually determined using one of the following premises - a) Orderly liquidation that includes selling the assets over a reasonable time period to get the highest price for each; or b) Forced Liquidation that includes selling the assets as quickly as possible, such as at an auction.
Thus, it is the opinion of the undersigned the Fair Market Forced Liquidation value of the real estate is valued at $840,000, under a forced liquidation of the property.
Risks include: loss of control of trades; potentially misleading claims made by software vendors; software not working with Strathos Capital’s Online Platform; being subject to a Margin Call or Forced Liquidation; and fraudulent or other illegal activity by software vendors.

More Definitions of Forced Liquidation

Forced Liquidation means the closure of one or more of your open position(s) when your account’s Equity reaches 50% of minimum required margin.

Forced Liquidation has the meaning given to that term in clause 13.2 of this Agreement. Force Majeure Event means events or causes including, but not limited to, the following: an act of God, unavoidable accident of navigation, war (whether declared or not), sabotage, riot, insurrection, civil commotion, national emergency (whether in fact or law), martial law, fire, flood, cyclone, earthquake, landslide, explosion, power or water shortage, failure of a transmission or communication network, epidemic, pandemic, quarantine, strike or other labour difficulty or expropriation, restriction, prohibition, law, regulation, decree or other legally enforceable order of a government agency, breakage or accident, change of International, State or Commonwealth law or regulation or any damage of AETOS’s machinery or systems, unless occurring as a result of an act, omission, default or negligence of the Client or AETOS.