Liquidating Transactions definition

Liquidating Transactions means the transactions set forth in the first sentence of Section 7.1 of the Plan to effectuate a liquidation of the Debtors.
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Liquidating Transactions means one or more sales or other dispositions of the Company's assets in one or more transactions leading to or constituting the winding up or dissolution of the Company.
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Examples of Liquidating Transactions in a sentence

  • The Liquidating Transactions will not in any way merge the assets of the Debtors' Estates, including the Trust Accounts.

  • The Liquidating Transactions will not in any way merge the assets of the Debtors’ Estates, including the Trust Accounts.

  • Prior to making any liquidating distributions of the company's assets, the Members' Capital Accounts shall be adjusted to reflect all prior distributions to the Members and the allocation of all Profits, Losses and income, gain, deduction or loss attributable to the Company's operations and its Liquidating Transactions, and any unrealized gain or loss inherent on any assets or properties to be distributed to the Members in kind (if any).

  • The Selling Customers and the Liquidating Transactions Before we examine the transactions, it is important to note that all 74 million liquidations occurred within a vertically integrated microcap liquidation enterprise that John Hurry founded and owns.

  • JM is also the president of Pacific Stock Transfer Company, the transfer agent for ENTI and LKEN.(3) The Liquidating Transactions in the Four Biley- Managed Accounts The liquidating transactions in the four Biley-managed accounts cover 15 of the 22 subject deposits and result in the liquidation of 3.92 billion shares of microcap issuers – ATPT, ENTI, LKEN, and SMPP.

  • Profits, Losses and any other items of income, gain, deduction or loss resulting from Liquidating Transactions, and any unrealized gain or loss inherent on any assets or properties to be distributed to the Members in kind (if any), shall be allocated to the Members as provided in Section 6.1B or 6.1D, as applicable.

Related to Liquidating Transactions

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Reorganization Transactions shall have the meaning set forth in the recitals.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Subsidiary pursuant to which the Borrower or such Subsidiary may sell, convey, assign or otherwise transfer (or purport to sell, convey, assign or otherwise transfer) Securitization Assets (which may include a grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Liquidating Events shall have the meaning set forth in Section 13.1.

  • Refinancing Transactions means the transactions described under “Summary—The Refinancing Transactions” in the Offering Memorandum.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Business Combination Transaction means:

  • Drag-Along Transaction has the meaning set forth in Section 4(d)(i) of the Stockholder Agreement.

  • Securities Financing Transactions means repurchase agreements, reverse repurchase agreements, securities lending agreements and any other transactions within the scope of SFTR that a Fund is permitted to engage in;

  • Restructuring Transactions Memorandum means a document, to be included in the Plan Supplement, that sets forth the material components of the Restructuring Transactions and a description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan, including the reorganization of the Debtors and issuance of the New Valaris Equity, through the Chapter 11 Cases, the Plan, or any Implementation Mechanism (including, in the United Kingdom, through the Administration).

  • M&A Transaction means (i) the consolidation of the Company with, or a merger with or into, any third party, following which the Company’s stockholders immediately prior to such transaction, will own less than 50.1% of the surviving entity or the Company, as applicable, immediately following such transaction, or (ii) an acquisition or other transfer of all or substantially all of the Company’s securities or assets.

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

  • Hedging Transactions means any transactions or assets the Issuer or any of its affiliates (in the meaning of § 1 paragraph 7 German Banking Act (KWG), § 290 paragraph 2 German Commercial Law (HGB)) may have entered into or purchased in order to hedge the risk of entering into and performing its obligations with respect to the Certificates.