Common use of Time for Liquidation Clause in Contracts

Time for Liquidation. A reasonable time period shall be allowed for the orderly winding up and liquidation of the assets of the Fund and the discharge of liabilities to creditors so as to enable the General Partner to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding up and shall terminate upon the filing of a notice of closure of dissolution in accordance with the Company Law.

Time for Liquidation. A reasonable time period shall be allowed for the orderly winding up and liquidation of the assets of the Fund Company and the discharge of liabilities to creditors so as to enable the General Partner Managing Member (or liquidating trustee or other representative) to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding up and and, subject to Section 13.11, shall terminate upon cancellation of the filing of a notice of closure of dissolution Articles in accordance with the Company LawAct.

Time for Liquidation. A reasonable time period shall be allowed for the orderly winding winding-up and liquidation of the assets of the Fund Company and the discharge of liabilities to creditors so as to enable the General Partner Liquidating Agent to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding winding-up and shall terminate upon until the filing of a notice the Certificate of closure of dissolution in accordance Cancellation with the Company LawDelaware Secretary of State.

Time for Liquidation. A reasonable time period shall be allowed for the orderly winding winding-up and liquidation of the assets of the Fund Company and the discharge of liabilities to creditors so as to enable the General Partner Liquidating Agent to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding up and shall terminate upon until the filing of a notice certificate of closure cancellation of dissolution in accordance the Certificate of Formation with the Company LawSecretary of State of the State of Delaware.

Time for Liquidation. A reasonable time period shall be allowed for the orderly winding up and liquidation of the assets of the Fund Company and the discharge of liabilities to creditors so as to enable the General Partner Liquidating Agent to seek to minimize potential losses upon such liquidation. The provisions of this Agreement shall remain in full force and effect during the period of winding up and shall terminate upon until the filing of a notice the Certificate of closure of dissolution in accordance Cancellation with the Company LawDelaware Secretary of State.