Common use of No Right to Participate in Further Distributions Clause in Contracts

No Right to Participate in Further Distributions. After the Company has satisfied its obligations to pay the holders of the Exchangeable Shares the total Liquidation Amount per Exchangeable Share pursuant to this Section 5, such holders shall not be entitled to share in any further distribution of the assets of the Company.

Appears in 3 contracts

Samples: Exchange Agreement (Biotricity Inc.), Exchange Agreement (DelMar Pharmaceuticals, Inc.), Arrangement Agreement (Molycorp, Inc.)

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No Right to Participate in Further Distributions. After the Company has satisfied its obligations to pay the holders of the Exchangeable Shares the total aggregate Liquidation Amount per Exchangeable Share pursuant to this Section 5, such holders shall not be entitled to share in any further distribution of the assets of the Company.

Appears in 2 contracts

Samples: Arrangement Agreement (Akerna Corp.), Arrangement Agreement (Vail Resorts Inc)

No Right to Participate in Further Distributions. After the Company has satisfied its obligations to pay the holders of the Exchangeable Shares the total aggregate Liquidation Amount per Exchangeable Share pursuant to this Section 526.5, such holders shall not be entitled to share in any further distribution of the assets of the Company.

Appears in 2 contracts

Samples: Voting and Exchange Trust Agreement (Zymeworks Delaware Inc.), And Amended Transaction Agreement (Zymeworks Inc.)

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No Right to Participate in Further Distributions. After the Company has satisfied its obligations to pay the holders of the Exchangeable Shares the total Liquidation Amount per Exchangeable Share pursuant to this Section 54, such holders shall not be entitled to share in any further distribution of the assets of the Company.

Appears in 1 contract

Samples: Amalgamation Agreement (AMERI Holdings, Inc.)

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