Liquidator definition

Liquidator has the meaning set forth in Section 13.2.A hereof.

Liquidator means one or more Persons selected by the General Partner to perform the functions described in Section 12.4 as liquidating trustee of the Partnership within the meaning of the Delaware Act.

Liquidator means an insolvency professional appointed as a liquidator in accordance with section 34 of the IBC;

Examples of Liquidator in a sentence

• The Company shall terminate when all property owned by the Company shall have been disposed of and the assets shall have been distributed as provided in Section 9.2. The Liquidator shall then execute and cause to be filed a Certificate of Cancellation of the Company.

• In the case of a termination of a Series, other than in connection with a dissolution of the Company, the Member on behalf of the Company shall act as Liquidator.

• The right to approve a successor or substitute Liquidator in the manner provided herein shall be deemed to refer also to any such successor or substitute Liquidator approved in the manner herein provided.

• Upon dissolution of the Company or termination of any Series, the Member shall select one or more Persons (which may be the Member) to act as Liquidator.

More Definitions of Liquidator

Liquidator has the meaning set forth in Section 9.3.

Liquidator means the General Partner or other Person approved pursuant to Section 14.3 who performs the functions described therein.

Liquidator means an Insolvency Professional appointed as a liquidator of the Company in accordance with section 34 of the IBC;

Liquidator means a Person appointed by the Board of Directors to oversee the winding up of the Company.

Liquidator has the meaning set forth in Section 10.8 of this Agreement.

Liquidator has the meaning specified in Section 8.5.

Liquidator means a Person appointed by the Directors to oversee the liquidation of the Company. Upon the consent of a majority of the Membership Voting Interests, the Liquidator may be the Directors. The Company is authorized to pay a reasonable fee to the Liquidator for its services performed pursuant to this Article X and to reimburse the Liquidator for its reasonable costs and expenses incurred in performing those services. The Company shall indemnify, save harmless, and pay all judgments and claims against such Liquidator and any officers, directors, agents and employees of the Liquidator relating to any liability or damage incurred by reason of any act performed or omitted to be performed by the Liquidator, or any officers, directors, agents or employees of the Liquidator in connection with the liquidation of the Company, including reasonable attorneys’ fees incurred in connection with the defense of any action based on any such act or omission, which attorneys’ fees may be paid as incurred, except to the extent such liability or damage is caused by fraud, intentional misconduct, or a knowing violation of the laws which was material to the cause of action.