Liquidation Distribution definition

Liquidation Distribution has the meaning specified in Section 9.4(d).
Liquidation Distribution has the meaning set forth in the definition ofGuarantee Payments” herein.
Liquidation Distribution has the meaning set forth in paragraph 3 of Annex I.

Examples of Liquidation Distribution in a sentence

  • Subject as provided in Condition 4.2 below, in the event of any voluntary or involuntary liquidation or winding-up of the Bank, the Preferred Securities (unless previously converted into Common Shares pursuant to Condition 5 below) will confer an entitlement to receive out of the assets of the Bank available for distribution to Holders, the Liquidation Distribution.


More Definitions of Liquidation Distribution

Liquidation Distribution has the meaning specified in Section 904(d).
Liquidation Distribution has the meaning provided therefor in the definition of Guarantee Payments.
Liquidation Distribution has the meaning specified in Section 9.05.
Liquidation Distribution has the meaning set forth in the definition of "Guarantee Payments" herein. "Majority in liquidation amount of the Capital Securities" means Holder(s) of outstanding Capital Securities, voting together as a class, but separately from the holders of Common Securities, of more than 50% of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accrued and unpaid Distributions to, but excluding, the date upon which the voting percentages are determined) of all Capital Securities then outstanding.
Liquidation Distribution has the meaning specified in Section 9.04(e).
Liquidation Distribution means a distribution of assets of the Corporation among its shareholders arising on the liquidation, dissolution, or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for the purpose of winding-up its affairs.
Liquidation Distribution shall have the meaning specified in the Trust Agreement.