Liquidation Proceeds
Liquidation Proceeds. The net cash or other assets received by the Company from a Liquidating Transaction after payment of the costs the Company incurs with respect to the Liquidating Transaction, plus any reserves held (and no longer needed) by the Company with respect to the Projects that are the subject of such Liquidating Transaction.
Liquidation Proceeds. With respect to a Non-Performing Account, proceeds from the sale or re-marketing of the Equipment relating solely to such Non-Performing Account, proceeds of any related insurance policy of any Account Party Insurer and any other recoveries (other than pursuant to any MCC Insurance Policy) with respect to such Non-Performing Account and the related Equipment, including, without limitation, any amounts collected as judgments against an Account Party or others related to the failure of such...
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Found in
McKesson Corp. contract
Liquidation Proceeds. Shall mean the proceeds from a Change of Control, if any, after reduction for (a) all debts and liabilities of the Company, (b) the Unreturned Capital Contributions as of the Closing Date, and (c) the establishment of any reserves which the Board deems reasonably necessary for any contingent or unforeseen liabilities or obligations of the Company.
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Found in
DERMAdoctor, Inc. contract