Liquidation The term definition
Liquidation The term. Liquidation" means, (i) with respect to the Company, the date upon which the Company ceases to be a going concern (even though it may continue in existence for the purpose of winding up its affairs, paying its debts and distributing any remaining balance to its Members), and (ii) with respect to a Member wherein the Company is not in Liquidation, means the liquidation of a Member's interest in the Company under Treasury Regulation Section 1.761- 1(d). 14.87 Loans The term "Loans" is defined in Section 3.04. 14.88 Lockout Date The term "Lockout Date" is defined in Section 8.01. 14.89 Losses The term "Losses" is defined in Section 2.12. 14.90 ▇▇▇▇ The term "▇▇▇▇" is defined in Section 2.01(b). 14.91 Major Decisions The term "Major Decisions" is defined in Section 2.04. 14.92 Management Standard The term "Management Standard" is defined in Section 2.03.
Liquidation The term. Liquidation" means, (i) with respect to the Company, the date upon which the Company ceases to be a going concern (even though it may continue in existence for the purpose of winding up its affairs, paying its debts and distributing any remaining balance to its