Application of Proceeds of Realization. Upon enforcement of the rights and remedies of the Holder herein, any net profits of carrying on the business of the Company and the net proceeds of realization of any assets of the Company shall be applied by the Holder or the receiver, interim receiver or receiver-manager, if any, subject to claims ranking in priority to this Debenture:
Appears in 7 contracts
Samples: Subscription Agreement (Newgioco Group, Inc.), Subscription Agreement (Newgioco Group, Inc.), Subscription Agreement (Newgioco Group, Inc.)
