Liquidator definition

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

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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 Liquidator (if other than the Board of Directors) shall be entitled to receive such compensation for its services as may be approved by holders of a Share Majority.
Upon dissolution of the Company, the Board of Directors shall select one or more Persons to act as Liquidator.
The Liquidator shall proceed to dispose of the assets of the Company, discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator, subject to the TBOC and as provided herein.
The Liquidator (if other than the Board of Directors) shall agree not to resign at any time without 15 days’ prior notice and may be removed at any time, with or without cause, by notice of removal approved by holders of a Share Majority.
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.

More Definitions of Liquidator

Liquidator has the meaning set forth in Section 9.3.

Liquidator has the meaning set forth in Section 13.2.

Liquidator means one or more Persons selected by the Managing Member to perform the functions described in Section 13.2 as liquidating trustee of the Company within the meaning of the Act.

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

Liquidator means the General Partner or other Person approved pursuant to Section 13.3 who performs the functions described therein;

Liquidator means an insolvency professional appointed as a liquidator in

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