Common use of Dissolution, Liquidation or Winding Up Clause in Contracts

Dissolution, Liquidation or Winding Up. If the Corporation, at any time after the Issue Date but prior to the Expiration Time (or, if earlier, the exercise in full of this Warrant), commences a voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Corporation, then (a) each Holder of this Warrant shall receive the kind and number of other securities or assets which such Holder would have been entitled to receive if such Holder had exercised in full this Warrant and acquired the applicable number of Warrant Shares then issuable hereunder as a result of such exercise immediately prior to the time of such dissolution, liquidation or winding up, and (b) the right to exercise this Warrant shall terminate on the date on which the holders of record of Common Shares shall be entitled to exchange their Common Shares for securities or assets deliverable upon such dissolution, liquidation or winding up.

Appears in 4 contracts

Samples: Warrant Agreement (Khan Nazar M.), Warrant Agreement (Stammtisch Investments LLC), Warrant Agreement (Terawulf Inc.)

AutoNDA by SimpleDocs

Dissolution, Liquidation or Winding Up. If the CorporationIf, at any time after the Issue Date but on or prior to the Expiration Time (or, if earlier, the exercise in full expiration of this Warrant), commences the Company (or any other Person controlling the Company) shall propose a voluntary or involuntary dissolution, liquidation or winding up of the affairs of the CorporationCompany, then (a) each the Holder of this Warrant shall receive upon exercise of the Warrant the kind and number of other securities or assets which such the Holder would have been entitled to receive if such the Holder had exercised this Warrant in full this Warrant and acquired the then-applicable number of Warrant Shares then issuable Number Issuable hereunder as a result of such exercise immediately prior to the time of such dissolution, liquidation or winding up, up and (b) the right to exercise this Warrant shall terminate on the date on which the holders of record of Common Shares Stock shall be entitled to exchange their shares of Common Shares Stock for securities or assets deliverable upon such dissolution, liquidation or winding up.

Appears in 3 contracts

Samples: Warrant Agreement (Calumet, Inc. /DE), Conversion Agreement (Calumet Specialty Products Partners, L.P.), Conversion Agreement (Calumet Specialty Products Partners, L.P.)

Dissolution, Liquidation or Winding Up. If the CorporationIf, at any time after the Issue Date but on or prior to the Expiration Time (or, if earlierDate, the exercise in full of this Warrant), commences Corporation (or any other Person controlling the Corporation) shall propose a voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Corporation, then (a) each Holder the Holders of this Warrant shall receive the kind and number of other securities or assets which such Holder the Holders would have been entitled to receive if such Holder the Holders had exercised this Warrant in full this Warrant and acquired the applicable number of Warrant Shares then issuable hereunder as a result of such exercise (without taking into account any limitations or restrictions on the exercisability of this Warrant) immediately prior to the time of such dissolution, liquidation or winding up, up and (b) the right to exercise this Warrant shall terminate on the date on which the holders of record of Common Shares shall be entitled to exchange their Common Shares for securities or assets deliverable upon such dissolution, liquidation or winding up.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sanchez Energy Corp), Securities Purchase Agreement (Sanchez Energy Corp)

Dissolution, Liquidation or Winding Up. If the CorporationIf, at any time after the Issue Date but on or prior to the Expiration Time (or, if earlierDate, the exercise in full of this Warrant), commences Corporation (or any other Person controlling the Corporation) shall propose a voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Corporation, then (a) each the Holder of this Warrant shall receive the kind and number of other securities or assets which such the Holder would have been entitled to receive if such the Holder had exercised this Warrant in full this Warrant and acquired the applicable number of Warrant Shares then issuable hereunder as a result of such exercise (without taking into account any limitations or restrictions on the exercisability of this Warrant) immediately prior to the time of such dissolution, liquidation or winding up, up and (b) the right to exercise this Warrant shall terminate on the date on which the holders of record of Common Shares shall be entitled to exchange their Common Shares for securities or assets deliverable upon such dissolution, liquidation or winding up.

Appears in 2 contracts

Samples: Shareholders Agreement, Production Marketing Agreement (Sanchez Energy Corp)

Dissolution, Liquidation or Winding Up. If the CorporationCompany, at any time after the Issue Date but prior to the Expiration Time Termination Date (or, if earlier, the exercise in full of this Warrant), commences a voluntary or involuntary dissolution, liquidation or winding up of the affairs of the CorporationCompany, then then, regardless of whether the Required Parent Stockholder Approval shall have been obtained, (ai) each the Holder of this Warrant shall receive the kind and number of other securities or assets which such the Holder would have been entitled to receive if such the Holder had exercised in full this Warrant and acquired the applicable number of Warrant Shares then issuable hereunder as a result of such exercise immediately prior to the time of such dissolution, liquidation or winding up, and (bii) the right to exercise this Warrant shall terminate on the date on which the holders of record of Class A Common Shares Stock shall be entitled to exchange their Class A Common Shares Stock for securities or assets deliverable upon such dissolution, liquidation or winding up.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Mediaco Holding Inc.)

AutoNDA by SimpleDocs

Dissolution, Liquidation or Winding Up. If the Corporation, at any time after the Issue Date but prior to the Expiration Time (or, if earlier, the exercise in full of this WarrantPurchase Right), commences a voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Corporation, then (a) each the Holder of this Warrant Purchase Right shall receive the kind and number of other securities or assets which such the Holder would have been entitled to receive if such the Holder had exercised in full this Warrant Purchase Right and acquired the applicable number of Warrant Purchase Right Shares then issuable hereunder as a result of such exercise immediately prior to the time of such dissolution, liquidation or winding up, and (b) the right to exercise this Warrant Purchase Right shall terminate on the date on which the holders of record of Class A Common Shares shall be entitled to exchange their Class A Common Shares for securities or assets deliverable upon such dissolution, liquidation or winding up.

Appears in 1 contract

Samples: Purchase Right Agreement (Ladder Capital Corp)

Dissolution, Liquidation or Winding Up. If the Corporation, at any time after the Issue Date but prior to the applicable Expiration Time (or, if earlier, the exercise in full of this Warrant), commences a voluntary or involuntary dissolution, liquidation or winding up of the affairs of the Corporation, then (a) each Holder of this Warrant shall receive the kind and number of other securities or assets which such Holder would have been entitled to receive if such Holder had exercised in full this Warrant and acquired the applicable number of Warrant Shares then issuable hereunder as a result of such exercise immediately prior to the time of such dissolution, liquidation or winding up, and (b) the right to exercise this Warrant shall terminate on the date on which the holders of record of Common Shares shall be entitled to exchange their Common Shares for securities or assets deliverable upon such dissolution, liquidation or winding up.

Appears in 1 contract

Samples: Warrant Agreement (Terawulf Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.