Voluntary Liquidation definition

Voluntary Liquidation means any approval by Board of Directors and of the holders of Common Shares of a voluntary plan of liquidation or dissolution followed by the filing by the Corporation of articles of dissolution or similar document under applicable state law.

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Voluntary Liquidation means the liquidation of a company under Part X; “voluntary liquidator” means a liquidator appointed under Part X.

Voluntary Liquidation means, in respect of a person, the failure of the person to continue owning a substantial part of its existing assets or operate its existing business, whether as a result of (i) a sale, lease, transfer, exclusive license or other disposition, directly or indirectly, of all or substantially all of the assets of Obligor or (ii) a liquidation, dissolution or winding up of Obligor or (iii) any amalgamation, consolidation, reorganization, restructuring or transaction with a similar impact.

Examples of Voluntary Liquidation in a sentence

• Make any Purchases under and as defined in the Sale Agreement during any Voluntary Liquidation Period or at any time that Capital has been reduced to zero hereunder except in connection with a Capital Purchase, subject to the conditions of Section 3.02.

• Each such Voluntary Liquidation Notice shall include the date of the commencement of the Voluntary Liquidation Period.

• OR HOLDINGS So long as any Exchangeable Shares not owned by Holdings or its Affiliates are outstanding, neither THC nor Holdings shall take any action in order to liquidate, dissolve or wind-up (a "VOLUNTARY LIQUIDATION") or proceed with any Voluntary Liquidation, unless the other company concurrently takes action to Voluntary Liquidate or proceeds with a Voluntary Liquidation.

• Completion of a compliant Members Voluntary Liquidation (MVL) Set out in schedule A Deliverables – As set out in schedule A (2.2) Lots under which the above Services are being supplied Lot 12 under the Buying Solutions Framework RM662/L12 for Management Consultancy and Accounting Services - Accounting Advice and Services.

• Celestica Hong Kong Holdings 3 Limited (In Members’ Voluntary Liquidation) is listed on Schedule 7.04 of the Credit Agreement (Permitted Dissolutions) as a permitted dissolution and is currently in the process of a members’ voluntary liquidation in Hong Kong.

• Each party hereto acknowledges that this Amendment shall become effective despite Celestica Hong Kong Holdings 3 Limited (In Members’ Voluntary Liquidation) failing to deliver an executed counterpart to this Amendment.

• Telopea MSL are not responsible for any acts, omissions, neglect or payment of invoices, in respect of any Company forced into liquidation or by going into Receivership or Voluntary Liquidation.

• In accordance with British law, we expect that the operation will go into Members Voluntary Liquidation by the end of April, at which time there will be immaterial assets and liabilities remaining.

• Obligor shall, and shall cause its Subsidiaries to, maintain its corporate existence, excluding creations of and mergers among its Subsidiaries, and shall not take any actions, or omit to take any action, that would result in its Voluntary Liquidation or Voluntary Insolvency.

• Conditions Precedent to Purchases during a Voluntary Liquidation Period or after Reduction of Capital to Zero.....

More Definitions of Voluntary Liquidation

Voluntary Liquidation means the liquidation of a company under Part X;

Voluntary Liquidation means a situation in which a bank or financial institution initiates voluntary liquidation pursuant to Chapter 11.

Voluntary Liquidation means a liquidation of all or a substantial part of the assets of the Company pursuant to (i) a proceeding commenced by the Company, or to which it has consented or acquiesced, seeking liquidation, dissolution, or similar relief under any federal or state law, including, without limitation, pursuant to the appointment, with the consent or acquiescence of the Company, of a trustee, receiver, or liquidator, or (ii) pursuant to the termination and dissolution of the Company in accordance with Section 7.8(a)(iii), Section 12.1(c) and/or Section 12.1(e).

Voluntary Liquidation. As part of ‘business decisions’

Voluntary Liquidation means the liquidation of a limited liability partnership under Part X;