Liquidation Assets definition

Liquidation Assets has the meaning set forth in Section 12.2(b).

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Liquidation Assets means as to each Liquidating Debtor all of the assets, property, interests (including the equity interests of each and every Liquidating Debtor) and effects, real and personal, tangible and intangible, wherever located, of such Liquidating Debtor, provided, however, that the Liquidation Assets shall not include the Covanta Liquidating Collateral.

Liquidation Assets has the meaning set forth in Section 11.2(b). “Liquidation Event” has the meaning set forth in Section 4.1(b). “Liquidation FMV” has the meaning set forth in Section 11.2(b). “Liquidation Statement” has the meaning set forth in Section 11.2(b).

Examples of Liquidation Assets in a sentence

In making such distributions, the liquidators shall allocate each type of Liquidation Assets (i.e., cash or cash equivalents, preferred or common equity securities, etc.) among the Unitholders ratably based upon the aggregate amounts to be distributed with respect to the Units held by each such holder.
To the extent any Unitholder has received a Tax Distribution under Section 4.1(a) and such Tax Distribution is not applied as an advance of any Distribution under Section 4.1(b), including by application of Section 12.2(c), the Unitholder shall pay repay such Tax Distribution to the Company and such Tax Distribution shall become part of the Liquidation Assets.
Prior to distribution of Liquidation Assets, any non-cash Liquidation Assets will first be written up or down to their Fair Market Value, thus creating Profit or Loss (if any), which shall be allocated in accordance with Sections 4.2 and 4.3. After taking into account such allocations, it is anticipated that each Unitholder’s Capital Account, on a per Unit basis, would be uniform.
The Borrower will furnish to the Lender, with a copy to each member of the Loan Committee, monthly within ten (10) days after the end of each month commencing January 31, 1999, a report, in form and substance satisfactory to the Lender and the Loan Committee, setting forth the status of the Borrower's efforts to dispose of the Liquidation Assets including, without limitation, copies of any pending sale contracts, scheduled closing dates and estimated expenses of sale and net proceeds.
Any non-cash Liquidation Assets will first be written up or down to their Fair Market Value, thus creating Profit or Loss (if any), which shall be allocated in accordance with Sections 4.2 and 4.

More Definitions of Liquidation Assets

Liquidation Assets has the meaning set forth in Section 9.02(c) of this Agreement.

Liquidation Assets has the meaning set forth in Section 19.5(b)(ii).

Liquidation Assets is defined in Section 12.2(a)(ii). “Manager” is defined in Section 5.1.

Liquidation Assets has the meaning set forth in Section 3.10.

Liquidation Assets. As defined in Section 31(b) of the Development Agreement.

Liquidation Assets means the asset balance remaining after all actions necessary to

Liquidation Assets means all assets designated for sale in the Liquidation Plan. "Nelson Parties" is defined as indicated above.