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 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.
Appears in 3 contracts
Samples: Rights Agreement (Personnel Group of America Inc), Agreement and Plan of Merger (Bell Atlantic Corp), Restructuring Agreement (Personnel Group of America Inc)
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 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, respectivelyafter payment of any preferential and other amounts, if any, to which any holders of Preferred Stock may be entitled.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Amr Corp), Agreement and Plan of Merger (Us Airways Group Inc)
Liquidation, Dissolution, etc. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Corporation, after payment or provision for payment of the debts and other liabilities of the Corporation and subject to the rights of the holders of Preferred Stock in respect thereof, the holders of shares of Common Stock shall be entitled to receive the 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 outstandingits stockholders, ratably in proportion to the number of shares held by them, respectively.
Appears in 1 contract
Samples: Registration Rights Agreement (Venturi Partners Inc)