Common use of Payment of Dividends and Reduction of Junior Capital Clause in Contracts

Payment of Dividends and Reduction of Junior Capital. 7. So long as any of the Exchange Preferred Shares, Series 2016-A are outstanding the Corporation shall not, without the approval of the holders of the Exchange Preferred Shares, Series 2016-A:

Appears in 2 contracts

Samples: Share Exchange Agreement (TransCanada Trust), Share Exchange Agreement (Transcanada Pipelines LTD)

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Payment of Dividends and Reduction of Junior Capital. 7. So long as any of the Exchange Preferred Shares, Series 20162019-A are outstanding the Corporation shall not, without the approval of the holders of the Exchange Preferred Shares, Series 20162019-A:

Appears in 2 contracts

Samples: Share Exchange Agreement (TransCanada Trust), Share Exchange Agreement (Transcanada Pipelines LTD)

Payment of Dividends and Reduction of Junior Capital. 7. So long as any of the Exchange Preferred Shares, Series 20162015-A are outstanding the Corporation shall not, without the approval of the holders of the Exchange Preferred Shares, Series 20162015-A:

Appears in 1 contract

Samples: Share Exchange Agreement (TransCanada Trust)

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Payment of Dividends and Reduction of Junior Capital. 7. So long as any of the Exchange Preferred Shares, Series 20162017-A are outstanding the Corporation shall not, without the approval of the holders of the Exchange Preferred Shares, Series 20162017-A:

Appears in 1 contract

Samples: Share Exchange Agreement (TransCanada Trust)

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