Common use of Dissolution Clause in Contracts

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the Holder.

Appears in 88 contracts

Sources: Securities Purchase Agreement (PetroAlgae Inc.), Securities Purchase Agreement (PetroAlgae Inc.), Security Agreement (Deja Foods Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 68 contracts

Sources: Warrant Agreement (Odyssey Health, Inc.), Warrant Agreement (Odyssey Health, Inc.), Warrant Agreement (Odyssey Health, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made prior to holders of its Common Stocksuch dissolution, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of the Warrant after the effective date of such dissolution pursuant to Section 3.1, or, if the Holder shall so instruct the Company, 3.1 to a bank or trust company specified by the Holder and having its principal office in New York, NY NY, as trustee for the HolderHolder of the Warrant.

Appears in 66 contracts

Sources: Warrant Agreement (Transgenomic Inc), Common Stock Purchase Warrant (Digital Angel Corp), Warrant Agreement (Digital Angel Corp)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the "Trustee").

Appears in 26 contracts

Sources: Warrant Agreement (American Mold Guard Inc), Common Stock Purchase Warrant (Fortune Diversified Industries Inc), Common Stock Purchase Warrant (Auxilio Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made prior to holders of its Common Stocksuch dissolution, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of the Warrant after the effective date of such dissolution pursuant to this Section 3.1, or, if the Holder shall so instruct the Company, 5 to a bank or trust company specified by the Holder and having its principal office in New York, NY NY, as trustee for the HolderHolder of the Warrant.

Appears in 9 contracts

Sources: Common Stock Purchase Warrant (Snyder International Brewing Group LLC), Common Stock Purchase Warrant (Snyder International Brewing Group LLC), Restructuring Agreement (Snyder International Brewing Group LLC)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.14.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 7 contracts

Sources: Securities Purchase Agreement (Biovie Inc.), Warrant Agreement (Biovie Inc.), Warrant Agreement (Biovie Inc.)

Dissolution. In the event of any dissolution of the Company Corporation following the transfer of all or substantially all of its properties or assets, the CompanyCorporation, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of this Warrant pursuant to Section 3.1, or, or if the Holder shall so instruct also instructs the CompanyCorporation, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 6 contracts

Sources: Warrant Agreement (Geopetro Resources Co), Warrant Agreement (Geopetro Resources Co), Warrant Agreement (Geopetro Resources Co)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 5 contracts

Sources: Warrant Agreement (Wowio, Inc.), Warrant Agreement (Wowio, Inc.), Common Stock Purchase Warrant (Wowio, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made prior to holders of its Common Stocksuch dissolution, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of the Warrant after the effective date of such dissolution pursuant to Section 3.1, or, if the Holder shall so instruct the Company, 3.1 to a bank or trust company specified by the Holder and having its principal office in New York, NY New York, as trustee for the HolderHolder of the Warrant.

Appears in 5 contracts

Sources: Securities Agreement (SBS Interactive Co), Securities Agreement (SBS Interactive Co), Securities Agreement (SBS Interactive Co)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cashsame distributions made to holders of its Common Stock, where applicable) receivable by the Holder pursuant to the exercise mechanism set forth above in Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder of the Warrant (the “Trustee”).

Appears in 4 contracts

Sources: Warrant Agreement (Clinical Data Inc), Warrant Agreement (Clinical Data Inc), Warrant Agreement (Icoria, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders Holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY New York as trustee for the HolderHolder (the "Trustee").

Appears in 4 contracts

Sources: Warrant Agreement (American Technologies Group Inc), Warrant Agreement (American Technologies Group Inc), Warrant Agreement (American Technologies Group Inc)

Dissolution. In the event of any dissolution of the Company ----------- following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the "Trustee").

Appears in 4 contracts

Sources: Warrant Agreement (New Century Energy Corp.), Warrant Agreement (New Century Energy Corp.), Warrant Agreement (Petrosearch Energy Corp)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made prior to holders of its Common Stocksuch dissolution, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable in accordance with Section 3.1 by the Holder upon such Holder’s exercise of this Warrant after the effective date of such dissolution pursuant to this Section 3.1, or, if the Holder shall so instruct the Company, 3 to a bank or trust company specified by the Holder and (a “Trustee”) having its principal office in New York, NY NY, as trustee for the Holder.

Appears in 3 contracts

Sources: Warrant Agreement (China Biopharma, Inc.), Warrant Agreement (China Biopharma, Inc.), Warrant Agreement (China Biopharma, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the Holder.. Warrant

Appears in 2 contracts

Sources: Warrant Agreement (Verso Technologies Inc), Warrant Agreement (Verso Technologies Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made prior to holders of its Common Stocksuch dissolution, shall shall, to the extent permitted by law, at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of the Warrant after the effective date of such dissolution pursuant to Section 3.1, or, if the Holder shall so instruct the Company, 3.1 to a bank or trust company specified by the Holder and having its principal office in New York, NY NY, as trustee for the HolderHolder of the Warrant.

Appears in 2 contracts

Sources: Warrant Agreement (Ep Medsystems Inc), Warrant Agreement (Ep Medsystems Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY New York as trustee for the HolderHolder (the "Trustee").

Appears in 2 contracts

Sources: Warrant Agreement (RPM Technologies Inc), Warrant Agreement (American Technologies Group Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.18.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 2 contracts

Sources: Warrant Agreement (Pedevco Corp), Warrant Agreement (Pedevco Corp)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 2 contracts

Sources: Warrant Agreement (Fortune Diversified Industries Inc), Warrant Agreement (Fortune Industries, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of the Warrant pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the Holder.

Appears in 1 contract

Sources: Warrant Purchase Agreement (Global Mobiletech, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the Holder.. December 2005 Warrant

Appears in 1 contract

Sources: Overadvance Side Letter (Accentia Biopharmaceuticals Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders Holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the Holder.

Appears in 1 contract

Sources: Warrant Agreement (Impart Media Group Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the Holder.

Appears in 1 contract

Sources: Warrant Agreement (Force Protection Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.14.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY Utah as trustee for the HolderHolder (the “Trustee”).

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Innovus Pharmaceuticals, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made prior to holders of its Common Stocksuch dissolution, shall shall, to the extent permitted by law, at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of this Warrant after the effective date of such dissolution pursuant to Section 3.1, or, if the Holder shall so instruct the Company, 3.1 to a bank or trust company specified by the Holder and having its principal office in New York, NY NY, as trustee for the HolderHolder of this Warrant.

Appears in 1 contract

Sources: Warrant Agreement (Ep Medsystems Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made prior to holders of its Common Stocksuch dissolution, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder holders of the Options after the effective date of such dissolution pursuant to this Section 3.1, or, if the Holder shall so instruct the Company, 3 to a bank or trust company specified by the Holder and having its principal office in New York, NY NY, as trustee for the Holderholder or holders of the Options.

Appears in 1 contract

Sources: Securities Purchase Agreement (Vertex Interactive Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of the Warrant pursuant to Section 3.14.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New YorkHolder, NY as trustee for the HolderHolder of the Warrant (the “Trustee”).

Appears in 1 contract

Sources: Warrant Agreement (Greenwood Hall, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.13.0, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 1 contract

Sources: Warrant Agreement (Applied Digital Solutions Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of this Option pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder of this Option.

Appears in 1 contract

Sources: Resignation Agreement (Coupon Express, Inc.)

Dissolution. In the event of any dissolution of the Company following ----------- the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for (the Holder"Trustee").

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Texhoma Energy Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New YorkDelaware, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 1 contract

Sources: Warrant Agreement (XCPCNL Business Services Corp)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder of the Warrant pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder of the Warrant (the "Trustee").

Appears in 1 contract

Sources: Warrant Agreement (AGU Entertainment Corp.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made prior to holders of its Common Stocksuch dissolution, shall at its expense deliver or cause to be delivered to the Holder the stock and Other Securities and other securities and property (including cash, where applicable) receivable by the Holder after the effective date of such dissolution pursuant to this Section 3.1, or, if the Holder shall so instruct the Company, 4 to a bank or trust company specified by the Holder and having its principal office in New York, NY New York, as trustee for the Holder.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Oxis International Inc)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.14.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the "Trustee").

Appears in 1 contract

Sources: Warrant Agreement (Fresh Healthy Vending International, Inc.)

Dissolution. In the event of any dissolution of the Company following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, . or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for the HolderHolder (the “Trustee”).

Appears in 1 contract

Sources: Warrant Agreement (Wowio, Inc.)

Dissolution. In the event of any dissolution of the Company ----------- following the transfer of all or substantially all of its properties or assets, the Company, concurrently with any distributions made to holders of its Common Stock, shall at its expense deliver or cause to be delivered to the Holder the stock and other securities and property (including cash, where applicable) receivable by the Holder pursuant to Section 3.1, or, if the Holder shall so instruct the Company, to a bank or trust company specified by the Holder and having its principal office in New York, NY as trustee for (the Holder"Trustee").

Appears in 1 contract

Sources: Warrant Agreement (New Century Energy Corp.)