Asset Liquidation Agreement (ALA) Definition | Investopedia Asset Liquidation Agreement (ALA) Definition | Investopedia

Liquidating agreement definition section, liq·ui·date

The place of the arbitration shall be Toronto, Ontario. One of the major components of the fee structure of ALAs was the incentive fee.

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If for any reason you cannot remove the Assets within the time period, it is your responsibility to arrange with us or the seller of the Assets for an extension of time.

In order to safeguard the goodwill of depositors, other financial institutions, and the overall economy, the Federal Deposit Insurance Corporation FDIC wanted to resolve failed banks and financial institutions as quickly as possible.

The debtor must provide the court with financial and tax information, as well as a list of creditors and outstanding debts. Different laws and regulations apply to each auction.

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A schedule for removal of the Assets will be established for each auction or sale. We disclose our fees in Listings and on our marketplaces on our Site.

Liquidated amount - Legal Definition

Except for certain sales in which Liquidity Services has purchased and is reselling Assets, Liquidity Services simply provides marketplace services and Liquidity Services does not own or sell the Assets.

When a user issue arises, we may consider the user's performance history and the specific circumstances in applying our User Agreement. The seat of arbitration will be London, United Kingdom. The terms and conditions on which Liquidity Services offers you access to and use of our web-site the "Site"the marketplaces on our Site, and other related services "Services" are based on this User Agreement.

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For purposes of auctions and sales within Canada, the parties agree that this User Agreement will be governed by and construed and interpreted in accordance with the laws of the province of Ontario, Canada. There will be no extensions of the payment period granted.