Common use of Declaration of Dividends Clause in Contracts

Declaration of Dividends. Subject to the rights, if any, of shareholders holding shares with special rights as to dividends, the directors may from time to time declare and authorize payment of any dividends the directors consider appropriate.

Appears in 8 contracts

Sources: Amalgamation Agreement (Asep Medical Holdings Inc.), Amalgamation Agreement (Asep Medical Holdings Inc.), Amalgamation Agreement

Declaration of Dividends. Subject to the rights, if any, of shareholders holding shares with special rights as to dividends, the directors may from time to time declare and authorize payment of any dividends the directors such dividends, if any, as they may consider appropriate.

Appears in 3 contracts

Sources: Class a Preferred Share Purchase Agreement (Mechanical Technology Inc), Business Combination Agreement (Acreage Holdings, Inc.), Business Combination Agreement