Common use of Disposition of All Remaining Securities Clause in Contracts

Disposition of All Remaining Securities. If the disposition is of all of the Securities remaining in the Company, is pursuant to an event described in Section 8.1(e), or is not otherwise governed by any of Sections 5.2(b), (c) or (d), the proceeds shall be distributed in accordance with the following Distribution Hierarchy and priority:

Appears in 2 contracts

Samples: Operating Agreement (Zhone Technologies Inc), Operating Agreement (Zhone Technologies Inc)

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Disposition of All Remaining Securities. If the disposition is of --------------------------------------- all of the Securities remaining in the Company, is pursuant to an event described in Section 8.1(e), or is not otherwise governed by any of Sections 5.2(b), (c) or (d), the proceeds shall be distributed in accordance with the following Distribution Hierarchy and priority:

Appears in 1 contract

Samples: Operating Agreement (Zhone Technologies Inc)

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Disposition of All Remaining Securities. If the disposition --------------------------------------- is of all of the Securities remaining in the Company, is pursuant to an event described in Section 8.1(e), or is not otherwise governed by any of Sections 5.2(b), (c) or (d), the proceeds shall be distributed in accordance with the following Distribution Hierarchy and priority:

Appears in 1 contract

Samples: Operating Agreement (Zhone Technologies Inc)

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