The winding up of the Company’s affairs shall be supervised by a liquidator (the “Liquidator”). The Liquidator shall be the Board or, if the Founding Members prefer, a liquidator or liquidating committee selected by the Board.

External Administrator means a Receiver, administrator, liquidator, provisional liquidator, controller or bankruptcy trustee.

External Administrator means a Receiver, administrator, liquidator, provisional liquidator, controller or bankruptcy trustee.

External Administrator means a receiver, receiver and manager, administrator, liquidator, provisional liquidator, controller or bankruptcy trustee.

a voluntary administrator, liquidator or provisional liquidator is appointed in respect of you or your winding up begins; or

a voluntary administrator, liquidator or provisional liquidator is appointed in respect of you or your winding up begins; or

the JOC will act as liquidator to wind up the Company (the “Liquidator”); provided that one or more of the members of the JOC have not declared Bankruptcy or died, in which case the other members will act as the Liquidator. The Liquidator will have full power and authority to sell, assign and encumber any or all of the Company’s assets and to wind up and liquidate the affairs of the Company in an orderly and business-like manner;

receiver, receiver and manager, provisional liquidator, liquidator or other officer of the Court has been appointed in relation to all or any material asset of the Company; or

. The Liquidator appointed as provided herein shall be entitled to receive such reasonable compensation for its services as shall be agreed upon by the Liquidator and Majority Vote of the Board.

Section # Liability of Liquidator