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

Examples of Liquidating Distribution in a sentence

  • Upon mailing of the final Liquidating Distribution (the date of such mailing, the "Final Liquidation Date"), which date shall not be more than one year after the First Distribution, (y) any Remaining Assets or other assets of the Fund shall be contributed to the Liquidating Trust referred to in Section 8 below, and (z) all of the Trust Property shall have been distributed as required under Section 8.2 of the Declaration.

  • If the Liquidating Distribution and any other such liquidation distributions cannot be made in full by reason of the limitation described in paragraph 3.1 or any equivalent article or term of a Parity Obligation, but there are funds available for payment so as to allow payment of part of the Liquidating Distribution then each Holder will be entitled to receive the Relevant Proportion of the Liquidating Distribution.

  • Teenagers are regarded as children who are neither tidy nor trustworthy and tend to damage, also behave destructively.

  • No Holder shall have any claim (whether against the Issuer or under the Guarantee) in respect of any Liquidating Distribution or part thereof not paid when it would, but for the operation of this paragraph 3.4, otherwise have become due.

  • After payment of the Liquidating Distribution, or the Relevant Proportion thereof, if applicable, Holders will have no right or claim to any of the remaining assets of the Issuer or against the Bank under the Guarantee and the holder of the Preferential Right shall be entitled to receive any remaining assets of the Issuer.


More Definitions of Liquidating Distribution

Liquidating Distribution means any distribution pursuant to Section 11.2 hereof.
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 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. A Distribution made as consideration for a Membership Interest (see “Distributions in Liquidation” at Article 6.2 herein below).
Liquidating Distribution means a distribution of property made by the liquidating corporation to a recipient corporation pursuant to the plan.(d) Substantiation information. Under§ 1.6001–1(e), taxpayers are required to retain their permanent records and make such records available to any au- thorized Internal Revenue Service offi- cers and employees. In connection with a liquidation described in this section, these records should specifically in- clude information regarding the amount, basis, and fair market value of all distributed property, and relevant facts regarding any liabilities assumed or extinguished as part of such liquida- tion.(e) Effective/applicability date. This section applies to any taxable year be- ginning on or after May 30, 2006. How- ever, taxpayers may apply this section to any original Federal income tax re- turn (including any amended return filed on or before the due date (includ- ing extensions) of such original return) timely filed on or after May 30, 2006. For taxable years beginning before May 30, 2006, see § 1.332–6 as contained in 26 CFR part 1 in effect on April 1, 2006.[T.D. 9329, 72 FR 32797, June 14, 2007] § 1.332–7 Indebtedness of subsidiary to parent.If section 332(a) is applicable to the receipt of the subsidiary’s property in complete liquidation, then no gain or loss shall be recognized to the sub- sidiary upon the transfer of such prop- erties even though some of the prop- erties are transferred in satisfaction of the subsidiary’s indebtedness to its parent. However, any gain or loss real- ized by the parent corporation on such satisfaction of indebtedness, shall be recognized to the parent corporation at the time of the liquidation. For exam- ple, if the parent corporation pur-75 chased its subsidiary’s bonds at a dis- count and upon liquidation of the sub- sidiary the parent corporation receives payment for the face amount of such bonds, gain shall be recognized to the parent corporation. Such gain shall be measured by the difference between the cost or other basis of the bonds to the parent and the amount received in pay- ment of the bonds. § 1.334–1 Basis of property received in liquidations.
Liquidating Distribution means, as the case may be, (i) the portion of the proceeds of a sale of assets described in Section 9.2 of the Trust Agreement distributed to Certificateholders and the Depositor pursuant to Section 9.1(2) of the Administration Agreement or (ii) the amount of any distribution to Certificateholders and the Depositor in connection with the termination of the Trust under Section 9.1(a) of the Trust Agreement.
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);