Income and Capital. The Trustees shall have full discretion to determine which items shall be treated as income and which items as capital; and each such determination and allocation shall be conclusive and binding upon the Shareholders.
Income and Capital. (a) The Trustees may acquire:
Income and Capital. Subject to paragraph 2 below, the Deferred Shares shall not confer on the holders thereof any entitlement to any participation in the profits or the assets of Ultramast.
Income and Capital. 3.1 Holders of Preference Shares shall be entitled to receive an amount equal to the Preference Share Entitlement in preference and priority to any assets of the Company being distributed or paid to any holders of Ordinary Shares. Additionally, if any distribution is declared and paid on any Ordinary Shares, at the same time a distribution in an equal amount per Share shall also be declared and paid on all Preference Shares on an "as converted" basis. The right to such distributions on Preference Shares shall not be cumulative and no rights shall accrue to holders of Preference Shares by reason of the fact that distributions on Ordinary Shares are not declared in any year.
Income and Capital. 9 9.1 Funding 9 9.2 Determination as to Application of Funds 9
Income and Capital. 7.1 All monies received by the Trust shall be applied by it in making the following payments in the order set out in this clause 7.
Income and Capital. 1.6.1 The Trustees are not required to maintain a balance between income and capital.
Income and Capital. (a) The Trustees are under no duty to procure distributions from a company in which they are interested.
Income and Capital. LPMI agrees to pay PPI its standard fees for providing cGMP processes and systems for drug development and formulation to PPI including management of facility improvements and hiring of required personnel. · BWII to provide $5 million in new capital required for the intended purchase.
Income and Capital
