Liquidating Fund definition
Liquidating Fund means the fund created to hold the Remaining Assets and Cash to distribute to Holders of Allowed Claims.
Liquidating Fund means the Sponsored Fund set forth on Section 1.1-L of the Seller Disclosure Schedule and any other Sponsored Fund that the
Liquidating Fund means the Sponsored Fund set forth on Section 1.1-L of the Seller Disclosure Schedule and any other Sponsored Fund that the Parties mutually agree in writing shall be liquidated prior to the Closing.
Examples of Liquidating Fund in a sentence
Seller shall cause Adviser to, as soon as reasonably practicable following the date hereof, use its reasonable best efforts to solicit each Fund Board to approve the liquidation of each Liquidating Fund and, in the event such liquidation is approved, use its reasonable best efforts to liquidate such Liquidating Fund on or prior to the Closing Date, in each case subject to any requirements imposed by the applicable Fund Board.
More Definitions of Liquidating Fund
Liquidating Fund means the fund into which the Debtor’s Cash, the Liquidation Proceeds and the Retained Proceeds will be deposited for administration and Distribution by the Liquidating Agent.