Common use of Liquidation, Dissolution, etc Clause in Contracts

Liquidation, Dissolution, etc. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Corporation, the holders of shares of Class A Common Stock and the holders of shares of Class B Common Stock shall be entitled to receive the assets and funds of the Corporation available for distribution after payments to creditors and to the holders of any Preferred Stock of the Corporation that may at the time be outstanding, in proportion to the number of shares held by them, respectively, without regard to class.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Knight Transportation Inc), Agreement and Plan of Merger (SWIFT TRANSPORTATION Co), Registration Rights Agreement (Knight Capital Group, Inc.)

AutoNDA by SimpleDocs

Liquidation, Dissolution, etc. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Corporation, the holders of shares of Class A Common Stock and the holders of shares of Class B Common Stock shall be entitled to receive the assets and funds of the Corporation available for distribution after payments to creditors and stockholders, subject to the rights of the holders of any Preferred Stock of the Corporation that may at the time be outstanding, in proportion to the number of shares held by them, respectively, without regard to class.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Gamco Investors, Inc. Et Al), Agreement and Plan of Merger (Gamco Investors, Inc. Et Al)

Liquidation, Dissolution, etc. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Corporation, after payments to creditors and to the holders of shares of Class A Common any Preferred Stock and that may at the time be outstanding, the holders of shares of Class B Common Stock shall be entitled to receive an amount per share of Class B Common Stock equal to the par value thereof, following which the holders of shares of Class A Common Stock shall be entitled to receive all remaining assets and funds of the Corporation available for distribution after payments to creditors and to the holders of any Preferred Stock of the Corporation that may at the time be outstanding, in proportion to the number of shares held by them, respectively, without regard to class.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hf2 Financial Management Inc.)

AutoNDA by SimpleDocs

Liquidation, Dissolution, etc. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Corporation, the holders of shares of Class A Common Stock and the holders of shares of Class B Common Stock shall be entitled to receive the assets and funds of the Corporation available for distribution distribution, after payments to creditors and to the holders of any Preferred Stock of the Corporation that may at the time be outstanding, in proportion to the number of shares held by them, respectively, without regard to class.

Appears in 1 contract

Samples: Corporate Conversion Agreement (BGC Partners, Inc.)

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