Common use of No Right Clause in Contracts

No Right. After payment of the full amount of the Liquidation Preference to which they are entitled, the holders of Series A Preferred Shares will have no right or claim to any of the remaining assets of the Trust.

Appears in 2 contracts

Sources: Supplement to the Amended and Restated Agreement and Declaration of Trust (Overland Advantage), Supplement to the Third Amended and Restated Agreement and Declaration of Trust (Franklin BSP Real Estate Debt BDC)