Capitalization of Surplus. Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any retained earnings or surplus of the Company and may from time to time issue, as fully paid, shares or any bonds, debentures or other securities of the Company as a dividend representing all or part of such retained earnings or surplus or any part of the retained earnings or surplus.
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Sources: Business Combination Agreement (Acreage Holdings, Inc.)
Capitalization of Surplus. β Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any retained earnings or surplus of the Company and may from time to time issue, as fully paid, shares or any bonds, debentures or other securities of the Company as a dividend representing all or part of such retained earnings or the surplus or any part of the retained earnings or surplus.
Appears in 1 contract
Sources: Amalgamation Agreement
Capitalization of Surplus. Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any retained earnings or surplus of the Company and may from time to time issue, as fully paid, shares or any bonds, debentures debentures, or other securities of the Company as a dividend representing all or part of such retained earnings or the surplus or any part of the retained earnings or surplus.
Appears in 1 contract