Winding-Up definition

Winding-Up means the period triggered by dissolution during which the limited liability company ceases to carry on business, except to the extent necessary for concluding affairs, and disposing of assets under section 10-32-131.
Winding-Up means, with respect to the Issuer, a final and effective order or resolution for the bankruptcy, winding-up, liquidation, receivership or similar proceeding in respect of the Issuer (except for the purposes of a consolidation, amalgamation, merger or reorganisation the terms of which have previously been approved by an Extraordinary Resolution of the Noteholders); and
Winding-Up means the realisation of assets of an institution or entity referred to in point (b), (c) or (d) of Article 1(1);

Examples of Winding-Up in a sentence

  • The Board wishes to inform shareholders of the Company (Shareholders) that the hearing in relation to the Existing Winding-Up Proceedings scheduled to be held on 21 September 2009 was adjourned to 25 September 2009.

  • On the Settlement Date, each Xxxxx Party shall immediately withdraw and/or discontinue the Existing Winding-Up Proceedings.

  • No Xxxxx Party shall, on and from the date of the FA Settlement Agreement to the earlier of the Settlement Date or the Waiver Termination Date, seek an order for the winding-up of Elegant Jade pursuant to the Existing Winding-up Proceedings, and for so long as Settlement Event of Default has occurred and is continuing, each Xxxxx Party shall seek an adjournment of any pending hearing relating to the Existing Winding-Up Proceedings.

  • Based on the FA Settlement Agreement, so long as no Settlement Event of Default has occurred and is continuing, the Xxxxx Parties shall seek an adjournment of any pending hearing in relation to the Existing Winding-Up Proceedings.


More Definitions of Winding-Up

Winding-Up. “dissolution” or “administration” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding up, reorganisation, dissolution, administration, arrangement, adjustment and protection or relief of debtors; and
Winding-Up means any winding-up of the Issuer (excluding a solvent winding-up solely for the purposes of a reconstruction, amalgamation, reorganisation, merger, consolidation or the substitution in place of the Issuer of a successor in business (as defined in the Trust Deed), the terms of which reconstruction, amalgamation, reorganisation, merger, consolidation or substitution have previously been approved in writing by the Trustee or by an Extraordinary Resolution (as defined in the Trust Deed) of the Noteholders of the relevant Series).
Winding-Up means any winding up of the Issuer excluding a solvent winding up solely for the purposes of a reconstruction, amalgamation, reorganisation, merger or consolidation on terms previously approved by the Trustee or by an Extraordinary Resolution (as defined in the Trust Deed) of the holders of the Notes of the relevant Series.
Winding-Up means, with respect to the Issuer, a final and effective order or resolution for the bankruptcy, winding up, liquidation, receivership or similar proceedings in respect of the Issuer.
Winding-Up dissolution", "insolvency", or "reorganization" in the context of a company or corporation shall have the same meaning as defined in the Companies Act, 1956/ Companies Act, 2013 (as the case may be).
Winding-Up. “administration” or “dissolution” includes a bankruptcy (faillissement) or dissolution (ontbinding);
Winding-Up has the meaning set forth in Section 4.