Common use of the Liquidation Clause in Contracts

the Liquidation. of a Material Subsidiary followed by a Distribution of proceeds of such Liquidation to the Investors and/or (if appropriate as determined by the Board) their Qualified Transferees;

Appears in 2 contracts

Sources: Ebt Contribution Covenant (Viatel Holding Bermuda LTD), Ebt Contribution Covenant (Viatel Holding Bermuda LTD)