Right to Receive Liquidation Distributions. If we become subject to a liquidation, dissolution, or winding-up, the assets legally available for distribution to our stockholders would be distributable ratably among the holders of our Common Stock and any participating Preferred Stock outstanding at that time, subject to prior satisfaction of all outstanding debt and liabilities and the preferential rights and payment of liquidation preferences, if any, on any outstanding shares of Preferred Stock.
Appears in 3 contracts
Samples: At Market Issuance Sales Agreement, At Market Issuance Sales Agreement, At Market Issuance Sales Agreement
Right to Receive Liquidation Distributions. If we become subject to a Upon our liquidation, dissolution, or winding-up, the assets legally available for distribution to our stockholders would be distributable ratably among the holders of our Common Stock and any participating Preferred Stock common stock, including Class A common stock, outstanding at that time, subject to prior satisfaction of all outstanding debt and liabilities and the preferential rights and time after payment of liquidation preferencesother claims of creditors, if any, on any . β’ Fully Paid and Non-Assessable. All of the outstanding shares of Preferred Stockour common stock, including Class A common stock, are, and the shares of our common stock to be issued pursuant to this offering will be, duly issued, fully paid and non-assessable.
Appears in 1 contract
Samples: Sales Contracts
Right to Receive Liquidation Distributions. If we become subject to a Upon our liquidation, dissolution, dissolution or winding-up, the assets legally available for distribution to our stockholders would be distributable ratably among the holders of our Common Stock common stock and any participating Preferred Stock preferred stock outstanding at that time, subject to prior satisfaction of all outstanding debt and liabilities and the preferential rights of and the payment of liquidation preferences, if any, on any outstanding shares of Preferred Stockpreferred stock.
Appears in 1 contract
Samples: Open Market Sale Agreement
Right to Receive Liquidation Distributions. If we become the Company becomes subject to a liquidation, dissolution, dissolution or winding-βup, the assets legally available for distribution to our the stockholders would be distributable ratably among the holders of our Common Stock Class A common stock and Class B common stock and any participating Preferred Stock outstanding at that time, subject to prior satisfaction of all outstanding debt and liabilities and the preferential rights of and the payment of liquidation preferences, if any, on any outstanding shares of Preferred Stock.
Appears in 1 contract
Samples: Financing Agreement