Common use of RANKING OF EXCHANGEABLE SHARES Clause in Contracts

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided for in section 5.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Subject to Section 4.1 hereof, the Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation, among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to of the Exchangeable Shares Corporation with respect to the payment of dividends and on a Liquidation Distribution to the extent provided for in section 55 hereof.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, or any other distribution of the assets of the Company, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, or any other distribution of the assets of the Company, among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall rank junior to the Class A Preferred Share, and shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. Section 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to to: (i) the payment of dividends dividends; and on a Liquidation Distribution to (ii) the extent provided distribution of the assets of the Corporation in the event of the liquidation dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other class or series of shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Purchaser, whether voluntary or involuntary, or any other distribution of the assets of the Purchaser, among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares (a) with respect to the payment of dividends as and on a Liquidation Distribution to the extent provided in Section 3 and (b) with respect to the distribution of assets in the event of the liquidation, dissolution or winding-up of Subco, whether voluntary or involuntary, or any other distribution of the assets of Subco among its shareholders for the purpose of winding up its affairs as and to the extent provided in section Section 5.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Voting Shares and any other shares ranking junior to the Exchangeable Shares Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided for in section 55 hereof.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends to the extent provided for in Section 3.1 and on a Liquidation Distribution to the extent provided for in section 5Section 5 hereof.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall rank junior to the Class A Preferred Share, and shall be entitled to a preference over the Common Shares Share and any other shares ranking junior to the Exchangeable Shares Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 3.2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, but shall rank junior to the Preference Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. Section 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of Avion, whether voluntary or involuntary, or any other distribution of the assets of Avion, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, but shall rank junior to the Preference Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, or any other distribution of the assets of the Company, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares, the Non-Voting Common Shares and any other shares ranking junior to of the Exchangeable Shares Corporation, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 16.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Class A Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Subject to Section 4.1 hereof, the Exchangeable Shares shall will be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 5.2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares, the Preferred Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, or any other distribution of the assets of the Company, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares, the Special Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of Acquisitionco, whether voluntary or involuntary, or any other distribution of the assets of Acquisitionco among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, but shall rank junior to the Preferred Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of Exchangeco, whether voluntary or involuntary, or any other distribution of the assets of Exchangeco among its members for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking junior to the Exchangeable Shares Shares, but shall rank junior to the Preference Shares, with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, or any other distribution of the assets of the Company, among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Common Shares and any other shares ranking rank junior to the Exchangeable Class A Preferred Share, shall rank equally or pari passu with the Common Shares with respect to the payment of dividends pursuant to Section 3.1 hereof and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding-up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference preference, as provided in Articles 3 and 5, over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to the extent provided distribution of assets in the event of the liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, or any other distribution of the assets of the Company among its shareholders for in section 5the purpose of winding up its affairs.

RANKING OF EXCHANGEABLE SHARES. 2.1 The Exchangeable Shares shall be entitled to a preference over the Preferred Shares, the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the payment of dividends and on a Liquidation Distribution to distribution of assets in the extent provided event of the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the assets of the Corporation among its shareholders for in section 5the purpose of winding up its affairs.