DIVIDENDS AND RESERVES. 109. The Company in general meeting may declare dividends, but no dividend shall exceed the amount recommended by the Directors.
DIVIDENDS AND RESERVES. 110. Declaration of dividends
DIVIDENDS AND RESERVES. Except as otherwise provided by law or the certificate of incorporation, the board of directors may declare dividends upon stock of the corporation at any regular or special meeting. Dividends may be paid in cash, in property, in shares of stock or otherwise in the form, and to the extent, permitted by law. The board of directors may set apart, out of any funds of the corporation available for dividends, a reserve or reserves for working capital or for any other lawful purpose, and also may abolish any such reserve in the manner in which it was created.
DIVIDENDS AND RESERVES. .................................... 21 XXVIII. CAPITALIZATION.............................................. 22 XXIX. AUDIT....................................................... 22 XXX. NOTICES..................................................... 22 XXXI. LIMITATION OF LIABILITY AND INDEMNITY....................... 23 XXXII.
DIVIDENDS AND RESERVES. 27.1 Subject to the Statute and any rights and restrictions for the time being attached to any class or series of shares, the Board of Directors may from time to time declare dividends (including interim dividends) on the shares issued and authorize payment of the same out of the funds of the Company lawfully available therefor.
DIVIDENDS AND RESERVES. The Board of Directors may, from time to time, determine whether any, and if any, what part, of the net profits of the Company or of its surplus, available therefor pursuant to law and to the certificate of incorporation, shall be declared as dividends on the stock of the Company. The Board of Directors may, in its discretion, set apart out of any of such net profits or surplus a reserve or reserves for any proper purpose and may abolish any such reserve.
DIVIDENDS AND RESERVES. 25.1 Subject to the Statute, the Board of Directors may from time to time declare dividends on shares of the Company outstanding and authorize payment of the same out of the profits of the Company (realized or unrealized), share premium account, or any other account permitted by the Statute, and may from time to time pay to the Shareholders such interim dividends, as appears to the Board of Directors to be appropriate.
DIVIDENDS AND RESERVES. 137. Subject to the provisions of the Shareholders’ Agreement, the Company in general meeting may declare dividends, but no dividend shall exceed the amount recommended by the Directors.
DIVIDENDS AND RESERVES. Dividends upon the capital stock of the corporation may be declared as permitted by law by the Board at any regular or special meeting. Before payment of any dividend or making any distribution of profits, there may be set aside out of the surplus or net profits of the corporation such sum or sums as the Board, from time to time, in its absolute discretion, think proper as a reserve fund to meet contingencies, or for such other purposes as the Board shall think conducive to the interests of the corporation, and any reserve so established may be abolished and restored to the surplus account by like action of the Board.
DIVIDENDS AND RESERVES. 138. Subject to the Law and as hereinafter set out, the Company in general meeting may declare dividends, in any currency, to be paid to the members according to their rights and privileges in the profits available for distribution but no dividend shall exceed the amount recommended by the Board.
