Sentence examples for event of liquidation from inspiring English sources

The point is that, in the event of liquidation, ordinary shareholders are wiped out first, then preference shareholders and only then bond-holders, depositors and so on.

These generally entitle holders to a share in the corporation's profits and, in the event of liquidation, in the remains of its net assets after other stakeholders are satisfied.

While both forms of stock represent shares of ownership in a company, preferred stock usually has priority over common stock with respect to earnings and claims on assets in the event of liquidation.

Furthermore, because the company was set up as "limited by guarantee", we do not have to submit accounts to HMRC or pay any corporation tax, and each director's liability in the event of liquidation is £1.

As these bonds are overcollateralized, the case asks students to evaluate the underlying collateral portfolio in the event of liquidation, as well as assessing the likelihood of different outcomes.

The idea is simple: through a combination of legislation (the Dodd-Frank legislation of 2010) and supportive regulation (particularly regarding how big banks would be handled in the event of "liquidation"), very large financial institutions are no longer perceived by investors to be too big to fail.

In the event of any liquidation, dissolution, or winding up of the business of the Corporation, the holders of the preferred shares of stock shall be paid in full at the par value thereof, plus all accrued dividends, before the holders of the common shares receive any payment.

In the event of a liquidation, investors (who have preferred shares) would get paid before Holmes (who owns common shares), making her stake essentially worthless, at least for now.

A still more junior lien is the subordinated debenture, which is secondary (in terms of ability to reclaim capital in the event of a business liquidation) to all other debentures and specifically to short-term bank loans.

Except as provided in subparagraph (B), a direct loan under this section shall not be subordinated to the claims of any holder of project obligations in the event of bankruptcy, insolvency, or liquidation of the obligor.

Except as provided in subparagraph (B), the secured loan shall not be subordinated to the claims of any holder of project obligations in the event of bankruptcy, insolvency, or liquidation of the obligor.