Default in Certain Payments by Company. If the Company defaults in making any payment with respect to its purchase of Shares of any Shareholder, whether at any closing specified herein or under any promissory note issued hereunder, and such default is not in dispute and continues for 90 Business Days after notice thereof, the Shareholders shall cause the Company to be dissolved and liquidated, and distribution of the assets promptly made.
Appears in 7 contracts
Samples: Shareholders Agreement, Shareholders Agreement (Manning & Napier, Inc.), Shareholders Agreement (Manning & Napier, Inc.)
