Notice of Liquidation definition

Notice of Liquidation means a notice, to be filed with the Bankruptcy Court by the Debtor on or before the ninety-first (91st) day following the Confirmation Date, indicating the Debtor’s intention to implement the Liquidation Alternative as set forth in Section 5.02 hereof.
Sample 1
Notice of Liquidation. The meaning specified in Section 11.4 hereof, a form of which is attached hereto as Exhibit A.
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Notice of Liquidation means a notice delivered by a Senior Lender to the other Lenders stating that (i) an Event of Default has occurred and is continuing under the Senior Loan Agreement, (ii) such Senior Lender has accelerated the obligations owing to it by the Borrower under the Senior Loan Agreement, and (iii) such Senior Lender intends to commence exercising remedies with respect to the Collateral securing the obligations under the Senior Loan Agreement.
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Examples of Notice of Liquidation in a sentence

  • The liquidation of the Reconciliation will be posted to the Bulletin Notice of Liquidation.

  • Upon receipt of a Notice of Liquidation Event, the Holder shall have the right to elect to exercise this Warrant, in whole or in part, as provided for in this Section 2, notwithstanding the prohibition on exercise prior to the second anniversary of the Issuance Date set forth in Section 2(c) above.

  • The liquidation of the Reconciliation will be posted to the Bulletin Notice of Liquidation and may be protested pursuant to 19 USC 1514.

  • Within twenty-one (21) days of filing the Notice of Liquidation, the Debtor shall, after consultation with the Committee, file a motion to establish sale procedures for substantially all of its remaining assets.

  • This Court entered an order granting the SDR and TTIGA’s Joint Application to Provide Notice of Liquidation, Set Claims Filing Deadline, and Establish a Claims Processing Procedure.

  • FHH will mail a Notice of Liquidation to all policyholders this week to notify members that all policies will terminate, at the very latest, on May 6, 2016.

  • Notice of Liquidation shall be given by the Property Trustee by first-class mail, postage prepaid, mailed not later than 30 nor more than 60 days prior to the date of the Liquidation to each Holder of Securities at such Holder's address appearing in the Securities register.

  • The Debtor, in consultation with the Committee, may at any time after filing the Notice of Liquidation, surrender any Property to the Secured Creditor(s) that have a Lien on such Property by filing an appropriate motion to abandon (a “Motion to Abandon”) such Property with the Bankruptcy Court.

  • Nothing herein shall prevent the Debtor from filing the Notice of Liquidation prior to the 76th day following the Confirmation Date in the Debtor’s discretion.

  • In the event the Debtor is not able to raise the Capital Contribution within 75 days of the Confirmation Date, then on the 76th day the Debtor shall file the Notice of Liquidation.

Related to Notice of Liquidation

  • Notice of Lien means any "notice of lien" or similar document intended to be filed or recorded with any court, registry, recorder's office, central filing office or other Governmental Authority for the purpose of evidencing, creating, perfecting or preserving the priority of a Lien securing obligations owing to a Governmental Authority.

  • Plan of Liquidation with respect to any Person, means a plan that provides for, contemplates or the effectuation of which is preceded or accompanied by (whether or not substantially contemporaneously, in phases or otherwise): (1) the sale, lease, conveyance or other disposition of all or substantially all of the assets of such Person otherwise than as an entirety or substantially as an entirety; and (2) the distribution of all or substantially all of the proceeds of such sale, lease, conveyance or other disposition of all or substantially all of the remaining assets of such Person to holders of Equity Interests of such Person.

  • Notice of Renewal has the meaning specified in Section 2.01(b).

  • Notice of Final Distribution The notice to be provided pursuant to Section 9.02 to the effect that final distribution on any of the Certificates shall be made only upon presentation and surrender thereof.

  • Liquidation Report The report with respect to a Liquidated Mortgage Loan in such form and containing such information as is agreed to by the Servicer and the Trustee.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Notice of Hearing means a notice containing the information set out in Schedule VIII;

  • Notice of Sale means the Notice of Sale of the Trust relating to the sale of the Series 2014A Bonds to be dated on or about April 28, 2014, substantially in the form attached hereto as Exhibit D.

  • Cash Liquidation As to any defaulted Mortgage Loan other than a Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan.

  • Notice of Settlement means the form attached hereto as Exhibit A.

  • Notice of Special Rate Period means any notice with respect to a Special Rate Period of shares of MuniPreferred pursuant to subparagraph (d)(i) of Section 4 of Part I of this Statement.

  • Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.

  • Pro-rata Liquidation means an amount equal to the liquidation of the relevant Collateral Assets held in the Margin Account for a Series of ETP Securities, pro rata to the amount of ETP Securities being redeemed divided by the total number of ETP Securities for such Series, after the pro rata deduction of all costs and expenses incurred by the Issuer in connection with the liquidation of such Collateral Assets, the pro rata deduction of the Arranger Fee and any Funding and Brokerage Fees.

  • Notice of Extension has the meaning specified in Section 2.20.

  • Notice of Removal means a notice, under clause 17.4.5, from an Association to a Nominated Person Removing the Nominated Person.

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.

  • CMSA Historical Liquidation Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Historical Liquidation Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Notice of Dissent means a notice of dissent duly and validly given by a registered holder of Company Shares exercising Dissent Rights as contemplated in the Interim Order and as described in Article 4.

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • CAFA Notice means the notice of this Settlement to be served upon State and Federal authorities as required by the Class Action Fairness Act of 2005, 28 U.S.C. § 1715.

  • Special Redemption and Liquidation Period shall be as set forth in the Prospectus under "Summary of Essential Information."

  • Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. § 1.708-1(b)(4) in the event of a termination of the Company pursuant to Section 708(b)(1)(B) of the Code.

  • Notice of Purchase Withdrawal Has the meaning specified in the Deposit Agreement.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank.

  • Notice of Redemption means the Notice of Exercise of Redemption Right substantially in the form attached as Exhibit B hereto.

  • Loss-to-Liquidation Ratio means, for any calendar month, the percentage equal (i) the sum of the aggregate Outstanding Balance of all Receivables 91-120 days past due plus the aggregate Outstanding Balance of all Receivables written off by Servicer in such month divided by the aggregate Collections received during such month.