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 Western or other distribution of assets of Western among its shareholders for the purpose of winding-up its affairs, the holders of the Class C Shares shall be entitled, subject to the rights of the holders of the Class B Shares, to receive an amount per Class C Share equal to the Class C Redemption Amount. After such distribution to the holders of the Class C Shares as above, holders of Class C Shares shall not be entitled to share in any further distribution of the assets of Western;

Participation upon Liquidation, Dissolution or Winding Up. In the event of the liquidation, dissolution or winding-up of Western or other distribution of assets of Western among its shareholders for the purpose of winding-up its affairs, the holders of the Class C B Shares shall be entitled, subject in priority to the rights of the holders of the Class B Sharesany other class of shares of Western, to receive an amount per Class C B Share equal to the Class C B Redemption Amount. After such distribution to the holders of the Class C B Shares as provided above, holders of Class C B Shares shall not be entitled to share in any further distribution of the assets of Western;

Participation upon Liquidation, Dissolution or Winding Up. In the event of the liquidation, dissolution or winding-up of Western or other distribution of assets of Western among its shareholders for the purpose of winding-up its affairs, the holders of the Class C A Shares shall be entitledshall, subject to the rights of the holders of the Class B Shares, to receive an amount per Class C Share equal any other class of shares of Western upon such a distribution in priority to the Class C Redemption Amount. After such distribution to the holders of the Class C Shares as aboveA Shares, holders of Class C Shares shall not be entitled to share participate rateably in any further distribution of the assets of Western;