Common use of Distribution Upon Dissolution of the Company Clause in Contracts

Distribution Upon Dissolution of the Company. In the event of the dissolution and liquidation of the Company, whether voluntary or involuntary, the Trustee as the owner of record shall receive the money, securities, rights or property to which the Beneficiaries are entitled in respect of the Trust Shares and shall distribute or cause to be distributed the same, less any applicable withholding tax, among the registered holders of the Certificates ratably in accordance with the number of Trust Shares represented by their respective Certificates. Section 4.06.

Appears in 2 contracts

Samples: Combination Agreement (Coors Adolph Co), Combination Agreement (Coors Adolph Co)

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Distribution Upon Dissolution of the Company. In the -------------------------------------------- event of the dissolution and liquidation of the Company, whether voluntary or involuntary, the Trustee as the owner of record shall receive the money, securities, rights or property to which the Beneficiaries are each Beneficiary is entitled in respect of the Trust Shares Stock and shall distribute or cause to be distributed the same, less any applicable withholding tax, among same to the registered holders holder of the Certificates ratably Certificate in accordance with the number of Trust Shares shares represented by their respective Certificates. Section 4.06its Certificate.

Appears in 1 contract

Samples: Voting Trust Agreement (Logisticare Inc)

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Distribution Upon Dissolution of the Company. In the event of the dissolution and liquidation of the Company, whether voluntary or involuntary, the Trustee as the owner owners of record shall receive the money, securities, rights or property to which the Beneficiaries are entitled in respect of the Trust Shares under this Agreement and shall distribute or cause to be distributed the same, less any applicable withholding tax, same among the registered holders of the Certificates ratably in accordance with the number of Trust Shares shares represented by their respective Certificates. Section 4.06.

Appears in 1 contract

Samples: Employment Agreement (Mdi Technologies Inc)

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