Pro Rata Distribution. If, upon any liquidation, distribution, or winding up, the assets of the Company shall be insufficient to make payment in full to all holders of Series A Preferred of the Liquidation Preference set forth in Section 3(a), then such assets shall be distributed among the holders of Series A Preferred at the time outstanding, ratably in proportion to the full amounts to which they would otherwise be respectively entitled.
Appears in 7 contracts
Samples: Share Subscription Agreement (International Assets Holding Corp), Share Subscription Agreement (International Assets Holding Corp), Share Subscription Agreement (International Assets Holding Corp)