Common use of Distributions in Liquidation Clause in Contracts

Distributions in Liquidation. Upon the liquidation of the Company, liquidation proceeds, if any, shall be distributed in accordance with the provisions of Section 11.1 hereof.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (JGWPT Holdings Inc.), Limited Liability Company Agreement (JLL JGW Distribution, LLC), Limited Liability Company Agreement (JGWPT Holdings Inc.)

Distributions in Liquidation. Upon the liquidation of the Company, liquidation proceeds, if any, shall be distributed in accordance with the provisions of Section 11.1 hereof15.03(b).

Appears in 1 contract

Sources: Operating Agreement (Globe Specialty Metals Inc)

Distributions in Liquidation. Upon the liquidation of the Company, liquidation proceeds, if any, shall be distributed in accordance with the provisions of Section 11.1 12.1 hereof.

Appears in 1 contract

Sources: Merger Agreement (JGWPT Holdings Inc.)

Distributions in Liquidation. Upon the liquidation of the Company, all the Company's Property shall be liquidated or distributed as provided in Section 11.3 and Profits and Losses allocated accordingly. Proceeds from the liquidation proceeds, if any, of the Company shall be distributed in accordance with the provisions of Section 11.1 hereof11.3.

Appears in 1 contract

Sources: Operating Agreement (Prime Medical Services Inc /Tx/)