Common use of Dissolution, Liquidation or Reorganization Clause in Contracts

Dissolution, Liquidation or Reorganization. Upon any distribution of assets of the Borrower pursuant to any dissolution, winding up, total or partial liquidation or reorganization of the Borrower (whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or otherwise),

Dissolution, Liquidation or Reorganization. Upon any payment or distribution of assets of the Borrower pursuant to Company (other than payments consisting of shares of Preferred Stock or nonvoting Capital Stock or other securities issued by the Company) upon any dissolution, winding up, total or partial liquidation or reorganization of the Borrower Company (whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or otherwise),):

Dissolution, Liquidation or Reorganization. Upon any distribution of assets of the Borrower pursuant to any dissolution, winding up, (i) a total or partial liquidation or reorganization a total or partial dissolution of the Borrower Company, (whether in ii) a reorganization, bankruptcy, insolvency insolvency, receivership of or receivership proceedings similar proceeding relating to the Company or upon its property or (iii) an assignment for the benefit of creditors or otherwise),marshaling of the Company’s assets and liabilities (each, a “Proceeding”):