Further Participation. After payment to the holders of the Series B Preferred Shares as aforesaid, such holders shall not have the right to any further participation in the distribution of the property or assets of the Corporation.
Appears in 2 contracts
Samples: Purchase Agreement (Saxon Petroleum Inc), Purchase Agreement (Forest Oil Corp)
Further Participation. After payment to the holders of the Series B Convertible Preferred Shares Series A as aforesaid, such holders shall not have the right to any further participation in the distribution of the property or assets of the Corporation.
Appears in 2 contracts
Samples: Purchase Agreement (Saxon Petroleum Inc), Purchase Agreement (Forest Oil Corp)