Dissolution of the Company. In the event of the dissolution or total or partial liquidation of the Company, whether voluntary or involuntary, to the extent that any distributions are received by the Trustee, the Trustee shall distribute any securities, rights, or property, to which the Holders are entitled, among the registered Holders or their legal representatives in proportion to their interests, as shown by the books of the Trustee.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Ixion Biotechnology Inc), Shareholders' Agreement (Ixion Biotechnology Inc), Voting Trust Agreement (Ixion Biotechnology Inc)
Dissolution of the Company. In the event of the dissolution or total or partial liquidation of the Company, whether voluntary or involuntary, the Trustee shall instruct the Company to make any distribution of moneys, securities, rights or property in respect of the Subject Shares directly to the extent that any distributions are received by the Trustee, Beneficiary and the Trustee shall distribute to the Beneficiary any distribution received by the Trustee in contravention of such instructions. In no event shall the Trustee accumulate or reinvest any such moneys, securities, rights, rights or property, to which the Holders are entitled, among the registered Holders or their legal representatives in proportion to their interests, as shown by the books of the Trustee.
Appears in 2 contracts
Samples: Shareholders Agreement (Aflac Inc), Shareholders Agreement (Aflac Inc)
Dissolution of the Company. In the event of the dissolution or total or partial liquidation of the Company, whether voluntary or involuntary, the Trustee shall instruct the Company to make any distribution of moneys, securities, rights or property in respect of the GP Interest directly to the extent that any distributions are received by the Trustee, Beneficiary and the Trustee shall distribute to the Beneficiary any distribution received by the Trustee in contravention of such instructions. In no event shall the Trustee accumulate or reinvest any such moneys, securities, rights, rights or property, to which the Holders are entitled, among the registered Holders or their legal representatives in proportion to their interests, as shown by the books of the Trustee.
Appears in 1 contract
Samples: Canada Pension Plan Investment Board
