Liquidation

Liquidation. Means for any Person, any liquidation, dissolution or winding-up of such Person, whether voluntary or involuntary, by operation or law or otherwise.

Liquidation. Has the meaning set forth in the Company Charter.

Liquidation. Means, subject to the provisions of SECTION 3, any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company.

Liquidation. The term "Liquidation" shall mean any liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary; provided, that neither the voluntary sale, conveyance, exchange or transfer (for cash, shares of stock, securities or other consideration) of all or substantially all of the property or assets of the Corporation, nor the consolidation or merger of the Corporation with one or more other entities, shall, by itself, be deemed a Liquidation.

Liquidation. Shall mean the voluntary or involuntary liquidation under applicable bankruptcy or reorganization legislation, or the dissolution or winding up of the Corporation.

Liquidation. Shall have the meaning set forth in the Declaration of Trust.

Liquidation. Shall mean any of the following: (A) the exercise by the Lender (either through an agent or by Borrowers at the direction of the Lender) of any rights upon default as a secured creditor under the Loan Agreement or under the other Financing Agreements, applicable law or otherwise at any time on and after an Event of Default (including without limitation, the demand for the immediate payment of all of the Obligations), the solicitation of bids from third parties to conduct the liquidation of the... Collateral, the engagement or retention of sales brokers, marketing, agents, investment bankers, accountants, appraisers, auctioneers or other third parties for the purposes of valuing, marketing, promoting and selling the Collateral, the commencement of any action to foreclose on the security interests of Lender in all or any portion of the Collateral, notification of account debtors to make payments to Lender, any action to take possession of all or any portion of the Collateral or commencement of any legal proceedings or actions against or with respect to all or any portion of the Collateral or (B) any sale, assignment, transfer or disposal of any assets of the Obligors outside the ordinary course of business of the Obligors, including without limitation, the conduct of any "going out of business" sale by any Borrower and (C) any sale or disposition of assets of any of the Obligors in connection with any store closing. View More

Liquidation. The exercise by a Party of any rights upon default as a secured creditor seeking to collect or realize upon a Collateral Interest granted by the Borrower to that Party.

Liquidation. Means any liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary.

Liquidation. Means the voluntary or involuntary liquidation, dissolution or winding up of the Company; provided, however, that a consolidation, merger or share exchange shall not be deemed a Liquidation, nor shall a sale, assignment, conveyance, transfer, lease or other disposition by the Company of all or substantially all of its assets, which does not involve a distribution by the Company of cash or other property to the holders of Common Stock, be deemed to be a Liquidation.