Common use of Liquidation Amount Clause in Contracts

Liquidation Amount. Subject to applicable laws and the due exercise by Rockford or Callco of the Liquidation Call Right, in the event of the liquidation, dissolution or winding-up of Subco or any other distribution of the assets of Subco among its shareholders for the purpose of winding up its affairs, a holder of Exchangeable Shares shall be entitled, subject to applicable laws, to receive from the assets of Subco in respect of each Exchangeable Share held by such holder on the effective date of such liquidation, dissolution, winding-up or other distribution (the “Liquidation Date”), before any distribution of any part of the assets of Subco among the holders of the Common Shares or any other shares ranking junior to the Exchangeable Shares, an amount per share (the “Liquidation Amount”) equal to the Exchangeable Share Price applicable on the last Business Day prior to the Liquidation Date, which price shall be satisfied in full by Subco delivering or causing to be delivered to such holder the Exchangeable Share Consideration representing the Liquidation Amount.

Liquidation Amount. Subject to applicable laws and the due exercise by Rockford the Parent or Callco of the Liquidation Call Right, in the event of the liquidation, dissolution or winding-up of Subco the Company or any other distribution of the assets of Subco the Company among its shareholders for the purpose of winding up its affairs, a holder of Exchangeable Shares shall be entitled, subject to applicable laws, entitled to receive from the assets of Subco the Company in respect of each Exchangeable Share held by such holder on the effective date of such liquidation, dissolution, winding-up or other distribution (the “Liquidation Date”), before any distribution of any part of the assets of Subco the Company among the holders of the Common Shares or any other shares ranking junior to the Exchangeable Shares, Shares with respect to dividends or distributions an amount per share (the “Liquidation Amount”) equal to the Exchangeable Share Price applicable on the last Business Day prior to the Liquidation Date, which price shall be satisfied in full by Subco the Company delivering or causing to be delivered to such holder the Exchangeable Share Consideration representing the Liquidation Amount.

Liquidation Amount. Subject to applicable laws law and the due exercise by Rockford Molycorp or Callco of the Liquidation Call Right, in the event of the liquidation, dissolution or winding-up of Subco the Company or any other distribution of the assets of Subco the Company among its shareholders for the purpose of winding up its affairs, a holder of Exchangeable Shares shall be entitled, subject to applicable lawslaw, to receive from the assets of Subco the Company in respect of each Exchangeable Share held by such holder on the effective date of such liquidation, dissolution, winding-up or other distribution (the “Liquidation Date”), before any distribution of any part of the assets of Subco the Company among the holders of the Common Shares or any other shares ranking junior to the Exchangeable Shares, an amount per share (the “Liquidation Amount”) equal to the Exchangeable Share Price applicable on the last Business Day prior to the Liquidation Date, which price shall be satisfied in full by Subco the Company delivering or causing to be delivered to such holder the Exchangeable Share Consideration representing the Liquidation AmountAmount .