Liquidating Distributions shall have the meaning provided in Section 6(a).
Liquidating Distributions has the meaning assigned to it in Section 4(a) hereof.
Liquidating Distributions means distributions of Partnership property made upon a liquidation and dissolution of the Partnership as provided in Article XII.
Examples of Liquidating Distributions in a sentence
After payment of the full amount of the Liquidating Distributions to which they are entitled, the holders of shares of Series A Preferred Stock will have no right or claim to any of the remaining assets of the Corporation.
All Liquidating Distributions to the holders of the Non-Voting Common Stock and Common Stock set forth in clause (ii) above will be made pro rata to the holders thereof.
Until each holder of shares of Class B EPS has received distributions equal to the Class B Liquidation Preference, no Junior Liquidating Distributions may be paid to holders of any other class or series of shares of beneficial interest in the Trust.
That account, in turn, is invested in fixed-income instruments such as treasury bonds, corporate bonds, and mortgage-backed securities.
Liquidating Distributions will be made to the Unitholders in accordance with their positive Capital Account balances, subject to Section 3.6(a), after payment of any obligations.
More Definitions of Liquidating Distributions
Liquidating Distributions means the net cash proceeds received by the Partnership from (a) the sale, exchange, condemnation, eminent domain taking, casualty or other disposition of substantially all of the assets of the Partnership or the last remaining assets of the Partnership or (b) a liquidation of the Partnership’s assets in connection with a dissolution of the Partnership, after (i) payment of all expenses of such sale, exchange, condemnation, eminent domain taking, casualty or other disposition or liquidation, including real estate commissions, if applicable, (ii) the payment of any outstanding indebtedness and other liabilities of the Partnership, (iii) any amounts used to restore any such assets of the Partnership, and (iv) any amounts set aside as reserves which the General Partners in their sole discretion may deem necessary or desirable.
Liquidating Distributions means all Distributions made pursuant to Section 5.1(d).
Liquidating Distributions means the net cash proceeds received by the Trust from (a) the sale, exchange, condemnation, eminent domain taking, casualty or other disposition of substantially all of the assets of the Trust or the last remaining assets of the Trust or (b) a liquidation of the Trust Assets in connection with a dissolution of the Trust, after (i) payment of all expenses of such sale, exchange, condemnation, eminent domain taking, casualty or other disposition or liquidation, including real estate commissions, if applicable, (ii) the payment of any outstanding indebtedness and other liabilities of the Trust, (iii) any amounts used to restore any such assets of the Trust, and (iv) any amounts set aside as reserves which the Managing Trustee in its sole discretion may deem necessary or desirable.
Liquidating Distributions shall have the meaning provided in Section 6(a) of this Amendment.
Liquidating Distributions has the meaning set forth with respect ------------------------- thereto in Section 3.1(c). -------------- "Liquidation Value" of any Preferred Unit as of any particular date ----------------- shall be equal to (i) the initial price paid to the Company for such Preferred Unit on its date of issuance, plus (ii) the aggregate additional Capital ---- Contributions to the Company made with respect to such Preferred Unit from the date of issuance until and including such particular date, and minus (iii) the ----- aggregate Distributions of Liquidation Value made pursuant to Sections -------- 3.1(c)(ii) and 3.1(f)(ii) with respect to such Preferred Unit from the date of ---------- ---------- issuance prior to such particular date.
Liquidating Distributions has the meaning set forth with respect thereto in SECTION 3.1(c).
Liquidating Distributions means the net cash proceeds available to be distributed by the Trust to the Beneficiaries from (a) the Sale of substantially all of the assets of the Trust or the last remaining assets of the Trust or (b) a liquidation of the Trust Assets in connection with a dissolution of the Trust, after (i) payment of all expenses of such Sale or liquidation, including real estate and other brokerage commissions and disposition fees, if applicable, (ii) the payment of any outstanding indebtedness and other liabilities of the Trust, (iii) any amounts used to restore any such assets of the Trust, and (iv) any amounts set aside as reserves which the Managing Trustee in its sole discretion may deem necessary or desirable.