Common use of Dividend Distribution Clause in Contracts

Dividend Distribution. Dividend distribution to the Company’s shareholders is recognised as a liability in the Company’s financial statements in the period in which the dividends are approved by the Company’s shareholders.

Dividend Distribution. Dividend distribution to the Company’s shareholders is shall be recognised as a liability in the Target Group Companies’ and Company’s financial statements in the period in which the dividends are shall be approved by the Company’s shareholders/directors.