Common use of Dissolution Event Clause in Contracts

Dissolution Event. If there is a Dissolution Event before this instrument expires or terminates, the Company will pay (i) first to the Senior Preferred Holders any amounts due and payable to them in connection with a Dissolution Event under the Company’s certificate of incorporation (the “Senior Preferred Holders’ Payment”) and

Appears in 15 contracts

Sources: Safe (Simple Agreement for Future Equity), Safe (Simple Agreement for Future Equity), Safe (Simple Agreement for Future Equity)

Dissolution Event. If there is a Dissolution Event before this instrument expires or terminates, the Company will pay (i) first first to the Senior Preferred Holders any amounts due and payable to them in connection with a Dissolution Event under the Company’s certificate certificate of incorporation (the “Senior Preferred Holders’ Payment”) and

Appears in 4 contracts

Sources: Safe (Simple Agreement for Future Equity), Safe (Simple Agreement for Future Equity), Safe (Simple Agreement for Future Equity)