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.
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.

Examples of Liquidating Transactions in a sentence

  • 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.

  • 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).

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.