Common use of The Liquidator Clause in Contracts

The Liquidator. The “Liquidator” shall mean a Person appointed by the Manager (including, without limitation, the Collateral Agent in its capacity as Manager following the removal of the Manager for Cause, or the Person appointed thereby) to oversee the liquidation of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (MCI Income Fund VII, LLC), Limited Liability Company Agreement (MCI Income Fund VII, LLC), Limited Liability Company Agreement (MCI Income Fund V, LLC)

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The Liquidator. (a) Definition. The "Liquidator" shall mean a the Managing Member or such other Person appointed by as the Manager (including, without limitation, the Collateral Agent in its capacity as Manager following the removal of the Manager for Cause, or the Person appointed thereby) Managing Member shall appoint to oversee the liquidation dissolution of the Company.Company and shall have the power of attorney granted to the Managing Member pursuant to Section 10. (b)

Appears in 1 contract

Samples: Operating Agreement (Pepco Holdings Inc)

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