Liquidation Costs definition

Liquidation Costs has the meaning given in Section 2.8 of the Credit Agreement.

Liquidation Costs means the reasonable costs and out of pocket expenses incurred by Lender in obtaining possession of any Collateral, in storage and preparation for sale, lease or other disposition of any Collateral, in the sale, lease, or other disposition of any or all of the Collateral, and/or otherwise incurred in foreclosing on any of the Collateral, including, without limitation, (a) reasonable attorneys fees and legal expenses, (b) transportation and storage costs, (c) advertising costs, (d) sale commissions, (e) sales tax and license fees, (f) costs for improving or repairing any of the Collateral, and (g) costs for preservation and protection of any of the Collateral.

Liquidation Costs has the meaning given in Section 2.8.

Examples of Liquidation Costs in a sentence

• Accrued Liquidation Costs The Company accrues for estimated liquidation costs to the extent they are reasonably determinable.

• The Summons sought sanction to deduct or cause to be deducted from Sub Fund Trust Assets the following: the Sub Fund Trust Costs (i.e. trust costs solely attributable to the identification, realization, preservation, protection, recovery, distribution and administration of the Sub Funds) and 90% of the balance of the General Liquidation Costs, which are beneficial to the Sub Fund Trust Assets, but not solely attributable to the Sub Fund Trust Assets.

• In addition, the Liquidator sought sanction to deduct or cause to be deducted from the trust assets the balance of the liquidation costs that are not solely attributable to the trust assets (General Liquidation Costs), since at the time the trust assets constituted approximately 99.6% of the Company’s estate and the General Liquidation Costs maintain the liquidation process thereby enabling the Liquidator to attend to the trust assets.

• Accrued Liquidation Costs The estimated costs associated with implementing and completing the Company’s plan of liquidation are recorded as accrued liquidation costs.

• Further, the Liquidator proposed that the Trust Costs and General Liquidation Costs should be deducted on a pro rata basis from the various trust assets such that each asset contributes a percentage equal to the percentage of that asset of the entire group of Trust Assets.

More Definitions of Liquidation Costs

Liquidation Costs has the meaning given in Section 3.7 of the Financing Agreement.

Liquidation Costs means all reasonable expenses, charges, costs and fees (including, without limitation, reasonable attorneys’ fees and expenses) of any nature whatsoever paid or incurred by or on behalf of the Lender in connection with (a) the collection or enforcement of any of the Liabilities and (b) the enforcement of any of the Loan Documents.

Liquidation Costs means the post-Effective Date costs of liquidation and administration of the Debtor and the Estate, including but not limited to the costs and fees of the Liquidation Manager and his professionals.

Liquidation Costs means, with respect to a particular Liquidation, the aggregate amount of all costs and expenses actually incurred by (or otherwise on behalf of) the Company in connection with such Liquidation, including all related legal, accounting and/or other professional fees.

Liquidation Costs shall have the meaning set forth in Section 10.6 hereof.

Liquidation Costs shall have the meaning set forth in Section 10.6 (Uniform Commercial Code and Other Remedies).

Liquidation Costs means Liquidator Fee and any direct and indirect costs (including, without limitation, any transaction, legal and due diligence costs) incurred in case of the Liquidation of the Underlying Securities.