Distribution of Assets Upon Liquidation. 18.1 In the event that the Joint Venture is liquidated at any time, the Joint Venture assets shall be distributed by the Joint Venture to the Participants on such liquidation, in accordance with the provisions set out in this clause.
Appears in 2 contracts
Samples: Heads of Agreement (Platinum Group Metals LTD), Platinum Group Metals LTD
Distribution of Assets Upon Liquidation. 18.1 16.1 In the event that the Joint Venture is liquidated at any time, the Joint Venture assets shall be distributed by the Joint Venture to the Participants on such liquidation, in accordance with the provisions set out in this clause.
Appears in 2 contracts
Samples: Joint Venture Agreement (Anooraq Resources Corp), Joint Venture Agreement (Anooraq Resources Corp)