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

Dissolution, Liquidation or Winding Up. In the event of any dissolution, liquidation or winding up of the affairs of the Corporation, after distribution in full of the preferential amounts, if any, to be distributed to the holders of shares of the Preferred Stock, holders of Common Stock shall be entitled to participate in any distribution of the assets of the Corporation in accordance with Section 3 of Article IV, Division B hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Digirad Corp), Fourth Additional Series E Preferred Stock Purchase Agreement (Digirad Corp)

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Dissolution, Liquidation or Winding Up. In the event of any dissolution, liquidation or winding up of the affairs of the Corporationthis corporation or any Reorganization Event, after distribution in full of the preferential amounts, if any, to be distributed to the holders of shares of the Preferred Stock, holders of Common Stock shall be entitled to participate in any distribution of the assets of the Corporation this corporation in accordance with Section 3 2 of Article IV, Division B hereof.

Appears in 2 contracts

Samples: License Agreement (Chimerix Inc), License Agreement (Chimerix Inc)

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