Common use of Power to Declare Clause in Contracts

Power to Declare. Dividends upon the capital stock of the Company, subject to the provisions of the Company’s Certificate of Incorporation, if any, may be declared by the Board of Directors at any regular or special meeting, pursuant to law. Dividends may be paid in cash, in property, or in shares of the capital stock, subject to the provisions of the Company’s Certificate of Incorporation and the laws of Delaware.

Appears in 4 contracts

Samples: Business Combination Agreement (Minority Equality Opportunities Acquisition Inc.), Business Combination Agreement (Digerati Technologies, Inc.), Joinder Agreement (LMF Acquisition Opportunities Inc)

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Power to Declare. Dividends upon the capital stock of the CompanyCorporation, subject to the provisions of the CompanyCorporation’s Certificate of Incorporation, if any, may be declared by the Board of Directors at any regular or special meeting, pursuant to law. Dividends may be paid in cash, in property, or in shares of the capital stock, subject to the provisions of the CompanyCorporation’s Certificate of Incorporation and the laws of Delaware.

Appears in 1 contract

Samples: Business Combination Agreement (Concord Acquisition Corp III)

Power to Declare. Dividends upon the capital stock of the Companycorporation, subject to the provisions of the Company’s Certificate certificate of Incorporationincorporation, if any, may be declared by the Board board of Directors directors at any regular or special meeting, pursuant to law. Dividends may be paid in cash, in property, or in shares of the capital stock, subject to the provisions of the Company’s Certificate certificate of Incorporation incorporation and the laws of Delaware.

Appears in 1 contract

Samples: Brooks Pharmacy, Inc.

Power to Declare. Dividends upon the capital stock of the Company, subject to the provisions of the Company’s 's Certificate of Incorporation, if any, may be declared by the Board of Directors at any regular or special meeting, pursuant to law. Dividends may be paid in cash, in property, or in shares of the capital stock, subject to the provisions of the Company’s 's Certificate of Incorporation and the laws of Delaware.

Appears in 1 contract

Samples: investors.ribboncommunications.com

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Power to Declare. Dividends upon the capital stock of the Company, subject to the provisions of the Company’s Certificate of Incorporation, if any, may be declared by the Board of Directors at any regular or special meeting, pursuant to law. Dividends may be paid in cash, in property, or in shares of the capital stock, subject to the provisions of the Company’s Certificate of Incorporation and the laws of DelawareGeneral Corporation Law.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sonus Networks Inc)

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