Common use of Payment Only Upon Dissolution Clause in Contracts

Payment Only Upon Dissolution. Except for the Optional Redemption provided for in Section 9, the Series C Preferred Interests, together with any Series C Allocated Preferred Return that has not yet been paid by the issuance of additional Series C Preferred Interests as provided in Section 4 hereof, are payable in cash only upon dissolution of the Partnership.

Appears in 1 contract

Samples: SFG Capital Corp

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Payment Only Upon Dissolution. Except for the Optional Redemption provided for in Section 9, the Series C A Preferred Interests, together with any Series C Allocated all accrued but unissued Preferred Return that has not yet been paid by the issuance of additional Series C Preferred Interests as provided in Section 4 hereofReturns, are payable in cash only upon dissolution of the Partnership.

Appears in 1 contract

Samples: SFG Capital Corp

Payment Only Upon Dissolution. Except for the Optional Redemption provided for in Section 9, the Series C A Preferred Interests, together with any Series C A Allocated Preferred Return that has not yet been paid by the issuance of additional Series C A Preferred Interests as provided in Section 4 hereof, are payable in cash only upon dissolution of the Partnership.

Appears in 1 contract

Samples: SFG Capital Corp

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Payment Only Upon Dissolution. Except for the Optional Redemption provided for in Section 9, the Series C B Preferred Interests, together with any Series C B Allocated Preferred Return that has not yet been paid by the issuance of additional Series C B Preferred Interests as provided in Section 4 hereof, are payable in cash only upon dissolution of the Partnership.

Appears in 1 contract

Samples: SFG Capital Corp

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