Common use of Rights on Dissolution Clause in Contracts

Rights on Dissolution. The holders of the Common Shares shall be entitled, subject to the rights, privileges, restrictions and conditions attaching to any other class of shares of the Corporation, to receive the remaining property of the Corporation on a liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary. SCHEDULE "A" NOTICE OF RETRACTION TO: Commstar Ltd. (the "Corporation") and Applied Cellular Technology, Inc. ("Applied")

Appears in 1 contract

Sources: Combination Agreement (Applied Cellular Technology Inc)

Rights on Dissolution. The holders of the Common Shares shall be entitled, subject to the rights, privileges, restrictions and conditions attaching to any other class of shares of the Corporation, to receive the remaining property of the Corporation on a liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary. SCHEDULE "A" NOTICE OF RETRACTION TO: Commstar Ltd. (the "Corporation") and Applied Cellular Technology, Inc. ("Applied").

Appears in 1 contract

Sources: Amalgamation Agreement (Thermadyne Holdings Corp /De)