Common use of Participation upon Liquidation, Dissolution or Winding Up Clause in Contracts

Participation upon Liquidation, Dissolution or Winding Up. In the event of the liquidation, dissolution or winding-up of the Company or other distribution of assets of the Company among its shareholders for the purpose of winding-up its affairs, the holders of the Class A Shares shall, subject to the rights of the holders of any other class of shares of the Company upon such a distribution in priority to the Class A Shares, be entitled to participate rateably in any distribution of the assets of the Company; and

Appears in 7 contracts

Samples: Amending Agreement, Amending Agreement (Klondex Mines LTD), Amending Agreement (Hecla Mining Co/De/)

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Participation upon Liquidation, Dissolution or Winding Up. In the event of the liquidation, dissolution or winding-winding up of the Company or other distribution of the assets of the Company among its shareholders members for the purpose of winding-winding up its affairs, the holders of the Class A “B” Shares shall, subject to the rights of the holders of any other class of shares of the Company be entitled to receive the assets of the Company upon such a distribution in priority to the Class A “B” Shares, be entitled to participate rateably with the Class “A” Shares in any distribution of the assets of the Company; and.

Appears in 1 contract

Samples: Plan of Arrangement (Quest Investment Corp)

Participation upon Liquidation, Dissolution or Winding Up. In the event of the liquidation, dissolution or winding-winding up of the Company or other distribution of the assets of the Company among its shareholders members for the purpose of winding-winding up its affairs, the holders of the Class A “A” Shares shall, subject to the rights of the holders of any other class of shares of the Company entitled to receive the assets of the Company upon such a distribution in priority to the Class A “A” Shares, be entitled to participate rateably with the Class “B” Shares in any distribution of the assets of the Company; and.

Appears in 1 contract

Samples: Plan of Arrangement (Quest Investment Corp)

Participation upon Liquidation, Dissolution or Winding Up. In the event of the liquidation, dissolution or winding-winding up of the Company or other distribution of the assets of the Company among its shareholders members for the purpose of winding-winding up its affairs, the holders of the Class A "A" Shares shall, subject to the rights of the holders of any other class of shares of the Company entitled to receive the assets of the Company upon such a distribution in priority to the Class A "A" Shares, be entitled to participate rateably with the Class "B" Shares in any distribution of the assets of the Company; and.

Appears in 1 contract

Samples: Arrangement Agreement (Quest Investment Corp)

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Participation upon Liquidation, Dissolution or Winding Up. In the event of the liquidation, dissolution or winding-winding up of the Company or other distribution of the assets of the Company among its shareholders members for the purpose of winding-winding up its affairs, the holders of the Class A "B" Shares shall, subject to the rights of the holders of any other class of shares of the Company be entitled to receive the assets of the Company upon such a distribution in priority to the Class A "B" Shares, be entitled to participate rateably with the Class "A" Shares in any distribution of the assets of the Company; and.

Appears in 1 contract

Samples: Arrangement Agreement (Quest Investment Corp)

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