Common use of Liquidation Distribution Clause in Contracts

Liquidation Distribution. In the event of any Liquidation Distribution, subject to the prior rights of the holders of the Preferred Shares of all series and the holders of the shares of any other class ranking senior to the Common Shares, the holders of the Common Shares shall be entitled to receive all remaining property and assets of the Company.

Appears in 2 contracts

Sources: Business Combination Agreement (Spring Valley Acquisition Corp. III), Business Combination Agreement (Spring Valley Acquisition Corp. III)

Liquidation Distribution. In the event of any Liquidation Distribution, subject to the prior rights of the holders of the Preferred Non-Voting Common Shares of all series and the holders of the shares of any other class ranking senior to the Common Shares, the holders of the Common Shares shall be entitled to receive all remaining property and assets of the Company.

Appears in 1 contract

Sources: Business Combination Agreement (Jupiter Acquisition Corp)

Liquidation Distribution. In the event of any Liquidation Distribution, subject to the prior rights of the holders of Non-Voting Special Shares, the holders of the Preferred Shares of all series and the holders of the shares of any other class ranking senior to the Common Shares, the holders of the Common Shares shall be entitled to receive all remaining property and assets of the CompanyCorporation.

Appears in 1 contract

Sources: Business Combination Agreement (Prospector Capital Corp.)