Liquidating Event definition

Liquidating Event has the meaning set forth in Section 13.1 hereof.

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Liquidating Event is defined in Section 11.1.

Liquidating Event has the meaning set forth in Section 2.04 hereof.

Examples of Liquidating Event in a sentence

• If a Liquidating Event occurs or an event occurs that would, but for the provisions of Section 10.1, result in a dissolution of the Company, the Company shall, within 30 days thereafter, (a) provide written notice thereof to each of the Members and to all other parties with whom the Company regularly conducts business (as determined in the discretion of the Managing Member), and (b) comply, in a timely manner, with all filing and notice requirements under the Act or any other applicable Law.

• The Members hereby agree that the Company shall not dissolve prior to the occurrence of a Liquidating Event and that no Member shall seek a dissolution of the Company, under Section 18802 of the Act or otherwise, other than based on the matters set forth in subsections (a) and (b) above.

• If it is determined by a court of competent jurisdiction that the Company has dissolved prior to the occurrence of a Liquidating Event, the Members hereby agree to continue the business of the Company without a winding up or liquidation.

• In the event the Company is “liquidated” within the meaning of Treasury Regulation Section 1.704-1(b)(2)(ii)(g) but no Liquidating Event has occurred, the Company’s property shall not be liquidated, the Company’s liabilities shall not be paid or discharged, and the Company’s affairs shall not be wound up.

More Definitions of Liquidating Event

Liquidating Event has the meaning set forth in Section 8.01 of the Holdings LLC Agreement.

Liquidating Event is defined in ‎Section 9.2(b).

Liquidating Event shall have the meaning set forth in Section 2.4.

Liquidating Event is defined in Section 7.6.

Liquidating Event means the sale or exchange of all or substantially all of the assets of the Partnership, or any other transaction which, individually or together with any similar transaction or transactions, results in the disposition of all or substantially all of the Assets of the Partnership and occurs in the course of liquidation of the Partnership or upon and with respect to which event the Partnership will be dissolved and wound up. The General Partner’s designation of an event as a Liquidating Event shall be binding upon the Partners and the Partnership absent manifest error.

Liquidating Event has the meaning set forth in Section 14.1 hereof.

Liquidating Event means the sale or exchange of all or substantially all of the assets of the Fund, or any other transaction which, individually or together with any similar transaction or transactions, results in the disposition of all or substantially all of the assets of the Fund.