Examples of Dissolution Event in a sentence
The foregoing repurchase option terminates upon a Change of Control or Dissolution Event.
Distributions in anticipation of a Dissolution Event or subsequent to a Dissolution Event shall be made as provided in Section 12.
If there is a Dissolution Event before the termination of this Safe, the Investor will automatically be entitled (subject to the liquidation priority set forth in Section 1(e) below) to receive a portion of Proceeds equal to the Cash-Out Amount, due and payable to the Investor immediately prior to the consummation of the Dissolution Event.
A unanimous written agreement to dissolve is signed by the Voting Upon the judicial dissolution of the Company pursuant to Section 18-802 Notwithstanding any provision of the Act, the Company shall not dissolve prior to the occurrence of a Dissolution Event.
In a Liquidity Event or Dissolution Event, this Safe is intended to operate like standard non-participating Preferred Stock.