Distribution of Remaining Property Sample Clauses

Distribution of Remaining Property. If the Investors have received the Allocation Priority Amount in full, the remaining property of the Target Company distributable to its Shareholders in accordance with the Laws shall be distributed to the other Shareholders of the Target Company in proportion to 30 / 65 their respective shareholding percentages.
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Distribution of Remaining Property. In the event of a distribution of the property and assets of the Corporation among its shareholders in connection with the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the property and assets of the Corporation among its shareholders for the purpose of winding up its affairs, a holder of Class A Special Shares shall be entitled to receive out of the Remaining Property, before any amount is paid or distributed to the holders of the Common Shares, Class B Special Shares or Class C Special Shares, an amount equal to the aggregate Redemption Price of the Class A Special Shares held by such holder on the date of distribution. After payment to a holder of Class A Special Shares of the amounts payable to such holder, as such, under this paragraph 3.3.1, such holder shall not be entitled to share in any further distribution of Remaining Property.
Distribution of Remaining Property. In the event of a distribution of the property and assets of the Corporation among its shareholders in connection with the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the property and assets of the Corporation among its shareholders for the purpose of winding up its affairs, a holder of Class B Special Shares shall be entitled to receive out of the Remaining Property, before any amount is paid or distributed to the holders of the Common Shares or Class C Special Shares, an amount equal to the aggregate Class B Redemption Price of the Class B Special Shares held by such holder on the date of distribution. After payment to a holder of Class B Special Shares of the amounts payable to such holder, as such, under this paragraph 4.3.1, such holder shall not be entitled to share in any further distribution of Remaining Property.
Distribution of Remaining Property. In the event of a distribution of the property and assets of the Corporation among its shareholders in connection with the liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary, or any other distribution of the property and assets of the Corporation among its shareholders for the purpose of winding up its affairs, a holder of Class C Special Shares shall be entitled to receive out of the Remaining Property, before any amount is paid or distributed to the holders of the Common Shares, an amount equal to the aggregate Redemption Price of the Class C Special Shares held by such holder on the date of distribution. After payment to a holder of Class C Special Shares of the amounts payable to such holder, as such, under this paragraph 5.3.1, such holder shall not be entitled to share in any further distribution of Remaining Property.
Distribution of Remaining Property. Upon the Surviving Settlor’s death, the Trustees shall distribute all of the remaining balance of the SURVIVOR’S TRUST, to the extent not effectively appointed or used for the payment of debts, expenses, or taxes, to our descendants who survive the Surviving Settlor for ninety (90) days, upon the principle of representation and subject to the provisions of the ARTICLE below entitled “TRUSTS FOR DESCENDANTS.”

Related to Distribution of Remaining Property

  • Distribution of Agreement The Employer agrees to make available to each employee a copy of this Agreement and to provide a copy of the same Agreement to all new employees entering the employment of the Employer.

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