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

  • The Liquidator shall have full power and authority to sell, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner.

  • A distribution in kind of an asset to a Member shall be considered, for the purposes of this ARTICLE IX, a distribution in an amount equal to the fair market value of the assets so distributed as determined by the Liquidator in its reasonable discretion.

  • Upon the completion of the distribution of Company assets as provided in Section 9.03, the Company shall be terminated and the person acting as Liquidator shall cause the cancellation of the Certificate in accordance with the Act and shall take such other actions as may be necessary or appropriate to terminate the Company.


More Definitions of Liquidator

Liquidator has the meaning set forth in Section 9.3.
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Liquidator has the meaning set forth in Section 13.2.
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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.
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Liquidator means an insolvency professional appointed as a liquidator of the Company in accordance with section 34 of the IBC;
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Liquidator means the General Partner or other Person approved pursuant to Section 13.3 who performs the functions described therein;
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Liquidator means an insolvency professional appointed as a liquidator in
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Liquidator has the meaning set forth in Section 10.8 of this Agreement.
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