Liquidation or Dissolution definition

Liquidation or Dissolution means the approval by the shareholders of the Company of a complete liquidation or dissolution of the Company.
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Liquidation or Dissolution. A complete liquidation or dissolution of the Company
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Examples of Liquidation or Dissolution in a sentence

  • A-12 Section 4.4 Liquidation or Dissolution ............................................

  • In the event of a Liquidation or Dissolution, the assets of the Partnership shall be distributed to the Partners in accordance with the balances in their respective Capital Accounts, after taking into account the allocations of Profit and Loss pursuant to Section 4.1, if any, and distributions of cash or property pursuant to Section 4.1, if any.

  • Change in Control" means the occurrence, during the Agreement Term, of either an "Acquisition of Controlling Ownership" (as defined in Section 2(a) below), a "Change in the Incumbent Board" (as defined in Section 2(b) below), a "Business Combination" (as defined in Section 2(c) below), or a "Liquidation or Dissolution" (as defined in Section 2(d) below).

  • Bankruptcy, Insolvency, Reorganization, Liquidation or Dissolution of Tenant ...................

  • Change in Control" means the occurrence, during ----------------- the Agreement Term, of either an "Acquisition of Controlling Ownership" (as defined in Section 2(a) below), a "Change in the Incumbent Board" (as defined in Section 2(b) below), a "Business Combination" (as defined in Section 2(c) below), or a "Liquidation or Dissolution" (as defined in Section 2(d) below).

Related to Liquidation or Dissolution

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Winding-Up dissolution", "insolvency", or "reorganization" in the context of a company or corporation shall have the same meaning as defined in the Companies Act, 1956/ Companies Act, 2013 (as the case may be).

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Liquidation means the distributions of the Trust Account to the Public Shareholders in connection with the redemption of Ordinary Shares held by the Public Shareholders pursuant to the terms of the Company’s Amended and Restated Memorandum and Articles of Association, as amended, if the Company fails to consummate a Business Combination.