Terminating Capital Transaction definition

Terminating Capital Transaction means any sale or other disposition of all or substantially all of the assets of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the assets of the Partnership.
Terminating Capital Transaction means the sale, exchange or other disposition of all or substantially all of the assets of the Company, after which transaction the Company is dissolved and terminated.
Terminating Capital Transaction means any sale or other disposition of all or all but a de minimis amount of the assets of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or all but a de minimis amount of the assets of the Partnership; except that sales or other dispositions of assets to a Subsidiary will not be deemed a Terminating Capital Transaction.

Examples of Terminating Capital Transaction in a sentence

  • Notwithstanding the other provisions of this Article 5, net proceeds from a Terminating Capital Transaction, and any other amounts distributed after the occurrence of a Liquidating Event, shall be distributed to the Holders in accordance with Section 13.2 hereof.

  • Losses for any fiscal year or any other period, other than Losses from a Terminating Capital Transaction, shall be allocated to the Members to the extent of and in proportion to their respective positive Capital Account balances and, thereafter, to the Members on a pro rata basis in proportion to their respective Unit Percentages.

  • Under the terms of the LLC Agreement, allocations of profits, losses, and distributions are in the following priorities: Profits for any fiscal year or any other period, other than Profits from a Terminating Capital Transaction, as defined in the LLC Agreement, shall be allocated to the Members on a pro rata basis in proportion to respective Unit Percentages, as defined in the LLC Agreement.


More Definitions of Terminating Capital Transaction

Terminating Capital Transaction means any Change of Control Transaction.
Terminating Capital Transaction means either the sale, exchange or other disposition of all or substantially all of the assets of the Partnership in a single transaction or a related series of transactions or a dissolution of the Partnership unless the Partnership is continued.
Terminating Capital Transaction means the sale, exchange, condemnation, eminent domain taking, casualty or other disposition of all or substantially all of the assets of the Partnership which results in the termination of the Partnership pursuant to Section 11 of the Agreement. The Terminating Capital Transaction shall also include the receipt and collection of notes, if any, and payments thereon or any other consideration received or to be received by the Partnership upon a sale or other disposition of all or substantially all of the assets of the Partnership and all activities reasonably related thereto. Such activities are deemed to be included in the winding up of Partnership affairs, and all allocations and distributions therefrom shall be governed by Sections 8.1(c) and (e) and 8.3(b) hereof.
Terminating Capital Transaction means any sale or other disposition of assets of the Trust in connection with a liquidation of the Trust.
Terminating Capital Transaction means a sale or transfer of all or substantially all of the assets of the Company.
Terminating Capital Transaction means the sale, exchange or other disposition of all or substantially all of the assets of the Company with the intent to liquidate the Company.
Terminating Capital Transaction means any sale or other disposition of all or substantially all of the assets and properties of the Partnership and its Subsidiaries (including the sale or other disposition of interests in any one or more of such Subsidiaries) for cash and/or marketable securities or a related series of transactions that, taken together, result in such a sale or other disposition.