Common use of DIVIDENDS AND RESERVES Clause in Contracts

DIVIDENDS AND RESERVES. 109. The Company in general meeting may declare dividends, but no dividend shall exceed the amount recommended by the Directors.

Appears in 2 contracts

Samples: Licence Agreement (Geron Corporation), Restructuring Agreement (Geron Corp)

AutoNDA by SimpleDocs

DIVIDENDS AND RESERVES. 109110. The Company in general meeting may declare dividends, but no dividend dividends shall exceed the amount recommended by the Directors.

Appears in 1 contract

Samples: Common Draft Terms (Flamel Technologies Sa)

DIVIDENDS AND RESERVES. 10998. The Subject to such requirements and restrictions as all members and the Company may have agreed to in writing, the company in general meeting may declare dividends, but no dividend shall exceed the amount recommended by the Directorsdirectors.

Appears in 1 contract

Samples: Shareholders’ Agreement (Orangekloud Technology Inc.)

AutoNDA by SimpleDocs

DIVIDENDS AND RESERVES. 109104. The Company in general meeting may declare dividends, but no dividend shall exceed the amount recommended by the Directorsdirectors.

Appears in 1 contract

Samples: Sangui Biotech International Inc

Time is Money Join Law Insider Premium to draft better contracts faster.