Common use of Remaining Assets Clause in Contracts

Remaining Assets. After the payment to the holders of Preferred Stock of the full amounts specified in Sections 3(a), 3(b), 3(c) and 3(d) above, the entire remaining assets of the Corporation legally available for distribution shall be distributed pro-rata to holders of the Common Stock of the Corporation in proportion to the number of shares of Common Stock held by them.

Appears in 4 contracts

Samples: Master Closing Agreement, Master Closing Agreement (Fluidigm Corp), Master Closing Agreement (Fluidigm Corp)

AutoNDA by SimpleDocs

Remaining Assets. After the payment to the holders of Preferred Stock of the full amounts specified in Sections 3(a), 3(b), 3(c), 3(d) and 3(d3(e) above, the entire remaining assets of the Corporation legally available for distribution shall be distributed pro-pro rata to holders of the Common Stock of the Corporation in proportion to the number of shares of Common Stock held by them.

Appears in 4 contracts

Samples: Preferred Stock Purchase Agreement (Fluidigm Corp), Preferred Stock Purchase Agreement (Fluidigm Corp), Preferred Stock Purchase Agreement (Fluidigm Corp)

Remaining Assets. After the payment or setting aside for payment to the holders of Preferred Stock of the full preferential amounts specified in Sections Section 3(a), 3(b), 3(c) and 3(d) above, the entire remaining assets of the Corporation legally available for distribution by the Corporation shall be distributed pro-pro rata to holders of the Common Stock of the Corporation in proportion to the number of shares of Common Stock of the Corporation held by them.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Nemus Bioscience, Inc.), Securities Purchase Agreement (Nemus Bioscience, Inc.)

Remaining Assets. After the payment to the holders of Preferred Stock of the full amounts specified in Sections 3(a), 3(b), 3(c) and 3(d3(c) above, the entire remaining assets of the Corporation legally available for distribution shall be distributed pro-rata to holders of the Common Stock of the Corporation in proportion to the number of shares of Common Stock held by them.

Appears in 2 contracts

Samples: Loan and Security Agreement (Fluidigm Corp), Loan and Security Agreement (Fluidigm Corp)

Remaining Assets. After the payment to the holders of Preferred Stock of the full amounts specified in Sections 3(a4(a), 3(b4(b), 3(c4(c), 4(d) and 3(d4(e) above, the entire remaining assets of the Corporation legally available for distribution shall be distributed pro-pro rata to holders of the Common Stock of the Corporation in proportion to the number of shares of Common Stock held by them.

Appears in 1 contract

Samples: Security Agreement (Fluidigm Corp)

AutoNDA by SimpleDocs

Remaining Assets. After the payment to the holders of Preferred Stock of the full preferential amounts specified in Sections Section 3(a), 3(b), 3(c) and 3(d) above, the entire remaining assets of the Corporation legally available for distribution by the Corporation shall be distributed pro-with equal priority and pro rata to among the holders of the Preferred Stock and Common Stock of the Corporation in proportion to the number of shares of Common Stock held by them, with the shares of Preferred Stock being treated for this purpose as if they had been converted to shares of Common Stock at the then applicable Conversion Rate.

Appears in 1 contract

Samples: Voting Agreement (Cerus Corp)

Remaining Assets. After the payment or setting aside for payment to the holders of Preferred Stock of the full amounts specified in Sections Section 3(a), 3(b), 3(c) and 3(d) above, the entire remaining assets of the Corporation legally available for distribution shall be distributed pro-pro rata to holders of the Common Stock of the Corporation in proportion to the number of shares of Common Stock then held by them.

Appears in 1 contract

Samples: ir.knightscope.com

Time is Money Join Law Insider Premium to draft better contracts faster.