Liquidation Rights definition

Liquidation Rights to the extent that such information constitutes matters of law and legal conclusions, has been reviewed by such counsel and is accurately described in all material respects.

Liquidation Rights and "-Tax Aspects," "Restrictions on Acquisition of the Company and the Bank," "Description of Capital Stock of the Company" and "Description of Capital Stock of the Bank" to the extent that it constitutes matters of law, summaries of legal matters, documents or proceedings, or legal conclusions, has been reviewed by them and is complete and accurate in all material respects.

Liquidation Rights. In the event of a liquidation, dissolution or winding up of the Company, the Holders will be entitled to receive the greater of the following: o The Liquidation Preference; and o The securities and/or property that would be received upon such liquidation, dissolution or winding up by the holders of the number of shares of Common Stock issuable upon the conversion of all of the Series B Preferred Stock. A consolidation, merger or recapitalization of the Company, or a sale of all or substantially all of assets of the Company will, at the election of a majority of the Holders, be deemed to be a liquidation, dissolution or winding up.

Examples of Liquidation Rights in a sentence

• Liquidation Rights: Subject to and qualified by the rights, powers and preferences of the holders of the Preferred Stock.

• Liquidation Rights, as described under paragraph 2.C above or a Redemption, as described in paragraph 6, of this Certificate of Designation that is initiated by and approved by the board of directors of the Company is not subject to the 4.9% conversion limitation.

• Liquidation Rights 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 outstanding at that time after payment of liquidation preferences, if any, on any outstanding shares of preferred stock and payment of other claims of creditors.

• The holders of shares of Preferred Stock shall have no rights to participate with the holders of shares of Common Stock in any distribution of dividends in excess of the preferential dividends, if any, fixed for such Preferred Stock.(3) Liquidation Rights.

• Voting Rights, Dividend Rights, Liquidation Rights and Other Rights Holders of common stock are entitled to one vote for each share held on all matters submitted to a vote of stockholders and do not have cumulative voting rights.

More Definitions of Liquidation Rights

Liquidation Rights means the Holders’ rights under Section 4 and Section 6.

Liquidation Rights has the meaning given to it in Section 1.9(a).

Liquidation Rights shall have the meaning set forth in Section 4.03(g).

Liquidation Rights means, for each Bon, the right to liquidation proceeds of the Company equivalent to that of one Share.

Liquidation Rights and "- Tax Aspects," "Restrictions on Acquisitions of First Federal Bankshares and First Federal," "Description of Capital Stock of First Federal Bankshares" and "Description of Capital Stock of First Federal," to the extent that it constitutes matters of law, summaries of legal matters, documents or proceedings, or legal conclusions, has been reviewed by such counsel and is complete and accurate in all material respects and to the extent it constitutes summaries of written legal opinions rendered by a person or entity other than such counsel has been reviewed by such counsel and is a complete and accurate summary of such opinions in all material respects.

Liquidation Rights means the definitive right granted herein to the Lenders for the Securities of the Borrower.

Liquidation Rights means the Cleared Derivatives Liquidation Rights and the Future Liquidation Rights;