Common use of RIGHTS AFTER LIQUIDATION Clause in Contracts

RIGHTS AFTER LIQUIDATION. After the Company has satisfied its obligations to pay a Holder the Total Convertible Voting Share Consideration representing the Holder's Total Liquidation Amount, such Holder shall not be entitled to share in any further distribution of the assets of the Company. Notwithstanding the foregoing, until such payment or deposit of such Holder's Total Liquidation Amount, the Holder shall be deemed to still be a Holder for purposes of all voting rights with respect thereto. Such rights shall remain unaffected until such payment or deposit.

RIGHTS AFTER LIQUIDATION. After the Company has satisfied its obligations to pay a Holder the Total Convertible Voting Exchangeable Share Consideration representing the Holder's Total Liquidation Amount, such Holder shall not be entitled to share in any further distribution of the assets of the Company. Notwithstanding the foregoing, until such payment or deposit of such Holder's Total Liquidation Amount, the Holder shall be deemed to still be a Holder for purposes of all voting rights with respect thereto. Such rights shall remain unaffected until such payment or deposit.