No Liquidation Preference. The LTIP Units shall have no liquidation preference.
No Liquidation Preference. The Class AO LTIP Units shall have no liquidation preference.
No Liquidation Preference. The Class C Common Units shall have no liquidation preference.
No Liquidation Preference. Immediately prior to the occurrence of any liquidation, dissolution or winding up of the Company, whether voluntary of involuntary, all shares of Series A Convertible Preferred Stock shall automatically convert into shares of Common Stock based upon the then-applicable Conversion Ratio and shall participate in the liquidation proceeds in the same manner as other shares of Common Stock.
No Liquidation Preference. In the event of any voluntary or involuntary liquidation, dissolution, or winding-up of the Corporation, after distribution in full of the preferential amounts, if any, to be distributed to the holders of shares of any series of Preferred Stock, having a priority on liquidation superior to that of the Series C Preferred Stock, the holders of shares of Series C Preferred Stock shall be entitled to participate with the Common Stock in all of the remaining assets of the Corporation available for distribution to its stockholders, ratably with the holders of Common Stock in proportion to the number of shares of Common Stock held by them, assuming for each holder of Series C Preferred Stock on the record date for such distribution that each holder was the holder of record of the number (including any fraction) of shares of Common Stock into which the shares of Series C Preferred Stock then held by such holder are then convertible. A liquidation, dissolution, or winding-up of the Corporation, as such terms are used in this Section 4, shall not be deemed to be occasioned by or to include any merger of the Corporation with or into one or more corporations or other entities, any acquisition or exchange of the outstanding shares of one or more classes or series of the Corporation, or any sale, lease, exchange, or other disposition of all or a part of the assets of the Corporation.
No Liquidation Preference. Until the Complete Redemption (as defined in the Agreement), the Class A Units shall not be entitled to any liquidation preference or other payment upon the liquidation, dissolution or winding up of the Partnership, apart from distributions as provided in the Agreement or in Section 3 hereof.
No Liquidation Preference. In the event of any liquidation, dissolution or winding up of the Purchaser, either voluntarily or involuntarily, the holders of the Series “B” Preferred Shares shall not be entitled to receive any distribution by reason of the ownership thereof.
No Liquidation Preference. In the event of any liquidation, dissolution, or winding up of Cuentas, the proceeds shall be paid pro rata to holders of Common Stock and Series B Preferred Stock of the Company. There shall be no liquidation preference for holders of Series B Preferred Stock or for CIMA, or CIMA’s successors or assigns.
No Liquidation Preference. The LTIP Units shall have no liquidation preference. 7. RIGHT TO CONVERT LTIP
No Liquidation Preference. The Formation Units shall have no liquidation preference. 6. RIGHT TO CONVERT FORMATION UNITS INTO COMMON PARTNERSHIP UNITS. A.
