Residual Distributions. After payment of the applicable Liquidation Preference to the holders of the outstanding Series G Preferred Shares and any Parity Securities, the Corporation’s remaining assets and funds shall be distributed among the holders of the Common Shares and any other Junior Securities then outstanding according to their respective rights and preferences.
Appears in 1 contract
Residual Distributions. After payment of the applicable Liquidation Preference to the holders of the outstanding Series G D Preferred Shares and any Parity Securities, the Corporation’s remaining assets and funds shall be distributed among the holders of the Common Shares and any other Junior Securities then outstanding according to their respective rights and preferences.
Appears in 1 contract
Residual Distributions. After payment of the applicable Liquidation Preference to the holders of the outstanding Series G H Preferred Shares and any Parity Securities, the Corporation’s remaining assets and funds shall be distributed among the holders of the Common Shares and any other Junior Securities then outstanding according to their respective rights and preferences.
Appears in 1 contract
Residual Distributions. After payment of the applicable Liquidation Preference to the holders of the outstanding Series G B Preferred Shares and any Parity Securities, the CorporationCompany’s remaining assets and funds shall be distributed among the holders of the Common Shares and any other Junior Securities then outstanding according to their respective rights and preferences.
Appears in 1 contract
Samples: Share Purchase Agreement (Tsakos Energy Navigation LTD)
Residual Distributions. After payment of the applicable Liquidation Preference to the holders Holders of the outstanding Series G B Preferred Shares and any Parity Securities, the Corporation’s 's remaining assets and funds shall be distributed among the holders of the Common Shares and any other Junior Securities then outstanding according to their respective rights and preferences.
Appears in 1 contract
Residual Distributions. After payment of the applicable Liquidation Preference to the holders of the outstanding Series G I Preferred Shares and any Parity Securities, the Corporation’s remaining assets and funds shall be distributed among the holders of the Common Shares and any other Junior Securities then outstanding according to their respective rights and preferences.
Appears in 1 contract
Residual Distributions. After payment of the applicable Liquidation Preference to the holders of the outstanding Series G Preferred Shares and any Parity Securities, the CorporationCompany’s remaining assets and funds shall be distributed among the holders of the Common Shares and any other Junior Securities then outstanding according to their respective rights and preferences. Redemption.
Appears in 1 contract
Samples: Share Purchase Agreement (Tsakos Energy Navigation LTD)
Residual Distributions. After payment of the applicable Liquidation Preference to the holders of the outstanding Series G E Preferred Shares and any Parity Securities, the Corporation’s remaining assets and funds shall be distributed among the holders of the Common Shares and any other Junior Securities then outstanding according to their respective rights and preferences.
Appears in 1 contract