Common use of Rights Upon Dissolution; Dividend Rights Clause in Contracts

Rights Upon Dissolution; Dividend Rights. 15.01 Upon dissolution of the Company, each Shareholder shall be entitled to receive the subscription price paid for its “A” share of capital stock and the Company's net assets shall be distributed among the then Shareholders in proportion to the sum allocated to each Shareholder of Cumulative Allocable Premium.

Appears in 13 contracts

Samples: Shareholders’ Agreement, Shareholders’ Agreement, Shareholders’ Agreement

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Rights Upon Dissolution; Dividend Rights. 15.01 14.01 Upon dissolution of the Company, each Shareholder shall be entitled to receive the subscription price paid for its “A” share of capital stock Share and the Company's net assets shall be distributed among the then Shareholders in proportion to the sum allocated to each Shareholder of Cumulative Allocable Premium.

Appears in 1 contract

Samples: Shareholders’ Agreement

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