Examples of Winding Up Period in a sentence
Post-Dissolution Winding Up Period Questions arose under the 2002 Regulations with respect to the actions that could be performed by a terminating agent during the ‘‘winding up’’ period following its dissolution.
Partnerships are ended by means of a Winding Up Period in which all partners have authority to liquidate the bus.
The Parties agree that the Ranches may expend up to seventeen thousand dollars ($17,000.00) per month (the “Administrative Allowance”) to pay for the Administrative Costs from May 1, 2017 through the Winding Up Period.
Prior to the Winding Up Period, distributions pursuant to Section 3.3 (Amounts and Priority of Distributions) shall be made only in cash.
Notwithstanding anything to the contrary herein, the Winding Up Period shall end no later than the later to occur of (x) after the date of Disposition (including pursuant to Section 9.3 (Assets Reserved and Pending Claims)) of the last remaining Investment and (y) the end of the Partnership’s taxable year in which the Disposition referred to in subclause (x) above shall occur.
Each Holder registered on the Termination Date continues to be presently entitled to their proportionate share of Distributable Income during the Winding Up Period.
The final amount of Fees and Costs shall include a reasonable estimate of fees and costs by the Sub-Associations for fees and costs they may incur in the final Winding Up Period of the Association and any final work related to the implementation of this Agreement outstanding at that time.
The Trustee may make partial distributions of Trust proceeds during the Winding Up Period.
Holders continue to be entitled to their proportionate share of any Distributable Income or, in any Accounting Period when the Trust is an AMIT, their distribution under Schedule 1, during the Winding Up Period.
The Parties understand that the Ranches will incur certain administrative fees, costs, and expenses (collectively, the “Administrative Costs”) up to the Cessation Date and in any necessary Winding Up Period.