Common use of Liquidation or Dissolution of the Company Clause in Contracts

Liquidation or Dissolution of the Company. In the event of an involuntary or voluntary liquidation or dissolution of the Company at any time, the Manager shall be entitled to receive out of the assets of the Company its deferred Management Fees plus interest prior to any distribution to the shareholders of the Company.

Appears in 2 contracts

Sources: Reit Management Agreement (Foundation Capital Resources Inc), Reit Management Agreement (Foundation Capital Resources Inc)

Liquidation or Dissolution of the Company. In the event of an ----------------------------------------- involuntary or voluntary liquidation or dissolution of the Company at any time, the Manager shall be entitled to receive out of the assets of the Company its deferred Management Fees plus interest prior to any distribution to the shareholders of the Company.

Appears in 1 contract

Sources: Reit Management Agreement (Foundation Capital Resources Inc)