Dividends, Distributions, and Other Payments. 2. (a) Bancshares shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the "Director") of the Board of Governors.
Dividends, Distributions, and Other Payments. Until the termination of this Agreement, the Shareholders shall be entitled to receive promptly from the Voting Trustee payments equal to the amount of dividends (other than stock dividends, which shall be subject to Section 6 hereof), if any, or other distributions, if any, collected by the Voting Trustee upon the Shares standing in the name of such Shareholder, represented by the Voting Trust Certificates held by him, subject, however, to the terms and conditions of this Agreement.
Dividends, Distributions, and Other Payments. 2. (a) Viking shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation of the Board of Governors (the "Director").
Dividends, Distributions, and Other Payments. 2. (a) BCC shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the “Director”) of the Board of Governors.
Dividends, Distributions, and Other Payments. None of Sellers shall, and none of Partners shall cause or permit any Seller to, declare or make any dividends, distributions or other payments (whether of loans or otherwise) to any shareholder or partner of any of Sellers or to any Affiliate of any shareholder or partner of Sellers; provided, however, that TCLP shall be permitted
Dividends, Distributions, and Other Payments. Seller shall not declare or make any dividends, distributions or other payments (whether of loans or otherwise) to any partner of Seller or to any Affiliate of any partner of Seller.
Dividends, Distributions, and Other Payments. 2. (a) Plumas shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the “Director”) of the Board of Governors.
Dividends, Distributions, and Other Payments. Borrower shall not pay any dividend, distribution, management fee, salary increase in excess of 10% of the prior year's salary; loan repayment or any payment whatsoever to any stockholder, member, investor, creditor, independent contractor or any Person or entity whatsoever without the prior, written consent of the Bank.
Dividends, Distributions, and Other Payments. 2. (a) NBI shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the "Director") of the Board of Governors.
Dividends, Distributions, and Other Payments. 2. (a) BBI shall not declare or pay any dividends without the prior written approval of the Reserve Bank and the Director of the Division of Banking Supervision and Regulation (the “Director”) of the Board of Governors of the Federal Reserve System.
