DISSOLUTION OR TERMINATION definition

DISSOLUTION OR TERMINATION shall be deemed to have occurred (i) in the case of a corporate Partner or other person upon the earlier of the adoption of a plan of liquidation by such Partner or other person or the effective date of dissolution in accordance with applicable statutory law and (ii) in the case of a partnership Partner or other person, upon the date of dissolution or termination of such partnership in accordance with the provisions of the governing partnership agreement or applicable statutory law.
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Examples of DISSOLUTION OR TERMINATION in a sentence

  • EXHIBIT A-2 [FORM OF LEASE TRUST CERTIFICATE ISSUED TO THE DEPOSITOR PURSUANT TO SECTION 3.10(a)] NUMBER R- THIS LEASE TRUST CERTIFICATE MAY NOT BE TRANSFERRED BY A STOCK POWER BUT ONLY AS SET FORTH BELOW SEE REVERSE FOR CERTAIN DEFINITIONS THIS LEASE TRUST CERTIFICATE IS NOT TRANSFERABLE EXCEPT IN THE EVENT OF THE DISSOLUTION OR TERMINATION OF RCL TRUST 2000-1 WHEN IT IS THE HOLDER HEREOF, AND ANY TRANSFER IN VIOLATION OF THIS PROVISION SHALL BE NULL AND VOID.

  • ESTABLISHMENT AND DESIGNATION OF SERIES 11 (A) ASSETS HELD WITH RESPECT TO A PARTICULAR SERIES 11 (B) LIABILITIES HELD WITH RESPECT TO A PARTICULAR SERIES 12 (C) DIVIDENDS, DISTRIBUTIONS, REDEMPTIONS AND REPURCHASES 12 (D) VOTING 13 (E) EQUALITY 13 (F) FRACTIONS 13 (G) EXCHANGE PRIVILEGE 13 (H) COMBINATION OF SERIES 13 (I) DISSOLUTION OR TERMINATION 13 SECTION 7.

Related to DISSOLUTION OR TERMINATION

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Dissolution Date means, as the case may be:

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.