Common use of Liquidation of the Trust Clause in Contracts

Liquidation of the Trust. The parties hereto agree that if the Trust is for any reason liquidated or otherwise dissolved, whether voluntarily or involuntarily, then the provisions of Section 5.1 shall apply in their entirety to the Subordinated Debentures.

Appears in 2 contracts

Sources: Securityholders and Registration Rights Agreement (DPL Inc), Securities Purchase Agreement (DPL Inc)