Liquidating Distribution definition

Liquidating Distribution means the amount of any distribution to the Depositor in connection with the termination of the Trust under Section 9.01(a) of the Trust Agreement.

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Liquidating Distribution shall have the meaning provided in Section 6(a).

Liquidating Distribution means any distribution pursuant to Section 11.2 hereof.

Examples of Liquidating Distribution in a sentence

If a Liquidating Distribution is made both in cash and in kind, such Liquidating Distribution shall be made so that, to the fullest extent practicable, the percentage of cash and any other assets distributed with respect to each type of Unit is identical.
For the purposes of establishing the Liquidating Distribution Amount, the liabilities of the Company shall be limited to known non-contingent liabilities and shall not include reserves or prepayment penalties with respect to any Third Party Financing.
All liens, security interests, guarantees and other documents, rights and interests of the holders of such indebtedness with respect to such debt shall have been terminated and released in form and substance reasonably satisfactory to MergerCo prior to FWOP making the Partnership Liquidating Distribution.
Any part of such withheld amount not collected by the Company from such distributions shall be charged to such Member's Capital Account at such time as the Manager Member in its sole discretion shall determine, but in no event later than the time immediately preceding the Company's final Liquidating Distribution to such Member.
Prior to making the Partnership Liquidating Distribution, FWOP shall have paid all amounts and taken any other actions required by Section 7.4 hereof, including the payment of retention bonuses, or any employment agreement, law or regulation to be taken in connection therewith.

More Definitions of Liquidating Distribution

Liquidating Distribution means any extraordinary, liquidating or other distribution in return of capital with respect to any Equity Interest of any Person (other than a Subsidiary of any Domestic Subsidiary) owned by a Loan Party which Equity Interest is pledged pursuant to any of the Security Documents.

Liquidating Distribution. A Distribution made as consideration for a Membership Interest (see “Distributions in Liquidation” at Article 6.2 herein below).

Liquidating Distribution has the meaning ascribed to such term in Section 10.2(d).

Liquidating Distribution means a distribution requested by the Participant (or Beneficiary) in writing directed to the Committee and specifically referencing this section. "Liquidating Distribution Account Balance" shall mean all of the Deferred Compensation Accounts under the Plan in which the Participant has an undistributed balance, increased by interest credited or investment return credited or debited on the account(s) to the date of distribution from the preceding Valuation Date, and decreased by a forfeiture penalty equal to six percent (6%) of the value of the Participant's Deferred Compensation Account(s) as of the date of distribution.

Liquidating Distribution means (i) a Liquidity Event Distribution and (ii) a Distribution made in connection with the Dissolution of Holdings LLC, as applicable.

Liquidating Distribution. ’ means an amount equal to the Liquidation Preference together with any accrued but unpaid Distribution from and including the commencement of the Distribution Period in which the date of the dissolution or winding up falls (taking into account any interim liquidation distribution that may have been paid);

Liquidating Distribution means a distribution requested by the Participant (or Beneficiary) in writing directed to the Committee and specifically referencing this section. If the Participant requesting the Liquidating Distribution is, at the time of the request, an active employee of the Employer, "Liquidating Distribution Account Balance" shall mean all of the Deferred Compensation Accounts under the Plan in which the Participant has an undistributed balance, increased by interest credited or investment return credited or debited on the account(s) to the date of distribution from the preceding Valuation Date, and decreased by a forfeiture penalty equal to six percent (6%) of the value of the Participant's Deferred Compensation Account(s) as of the date of distribution. If the Participant requesting the Liquidating Distribution is, at the time of the request, no longer an active employee of the Employer, or in the case of a request made by a Participant's Beneficiary, "Liquidating Distribution Account Balance" shall mean all of the Deferred Compensation Accounts under the Plan in which the Participant (or Beneficiary) has an undistributed balance and all of the Deferred Compensation Accounts under any Comparable Plans maintained by the Employer in which the Participant (or Beneficiary) has an undistributed balance, increased by interest credited or investment return credited or debited on the account(s) to the date of distribution from