Common use of Residual Distributions Clause in Contracts

Residual Distributions. If the Liquidation Preference on the Series D and any other shares of the Corporation’s stock ranking equally as to such liquidation distribution has been paid in full, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 2 contracts

Sources: Transaction Agreement (Mitsubishi Ufj Financial Group Inc), Transaction Agreement (Morgan Stanley)

Residual Distributions. If the Liquidation Preference on the Series D B and any other shares of the Corporation’s stock ranking equally as to such liquidation distribution has been paid in full, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Mitsubishi Ufj Financial Group Inc), Securities Purchase Agreement (Morgan Stanley)

Residual Distributions. If the Liquidation Preference on the Series D C and any other shares of the Corporation’s stock ranking equally as to such liquidation distribution has been paid in full, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 1 contract

Sources: Securities Purchase Agreement (Mitsubishi Ufj Financial Group Inc)

Residual Distributions. If the Series A Liquidation Preference on the Series D and any other shares of the Corporation’s stock ranking equally as to such liquidation distribution has been paid in fullfull on all shares of Series A Preferred Stock to each respective holder thereof, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 1 contract

Sources: Merger Agreement (Kraft Foods Group, Inc.)

Residual Distributions. If the Liquidation Preference on the Series D and any other shares of the Corporation’s stock ranking equally as to such liquidation distribution has been paid in fullfull to all holders of Series T, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 1 contract

Sources: Securities Purchase Agreement (Bank of America Corp /De/)

Residual Distributions. If the Liquidation Preference on the Series D and any other shares of the Corporation’s stock ranking equally as to such liquidation distribution Value has been paid in fullfull to the holder of Series F, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 1 contract

Sources: Securities Purchase Agreement (LSB Industries Inc)

Residual Distributions. If the Liquidation Preference on has been paid in full to all holders of the Series D Preferred Stock and the corresponding amounts payable with respect of any other shares stock of the Corporation’s stock Corporation ranking equally with the Series D Preferred Stock as to such liquidation distribution has been paid in full, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 1 contract

Sources: Share Exchange Agreement (United Community Banks Inc)

Residual Distributions. If the Liquidation Preference on has been paid in full to all holders of Series A Preferred Stock and the Series D and corresponding amounts payable with respect of any other shares stock of the Corporation’s stock Corporation ranking equally with Series A Preferred Stock as to such liquidation distribution has been paid in full, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Broadway Financial Corp \De\)

Residual Distributions. If the Liquidation Preference on the Series D and any other shares of the Corporation’s stock ranking equally as to such liquidation distribution has been paid in fullfull to all holders of Series C Preferred, the holders of other stock of the Corporation shall be entitled to receive all remaining assets of the Corporation (or proceeds thereof) according to their respective rights and preferences.

Appears in 1 contract

Sources: Stock Purchase Agreement (Customers Bancorp, Inc.)