Common use of Rights to Dividends and Other Distributions Clause in Contracts

Rights to Dividends and Other Distributions. Each holder of Class A Shares shall be entitled to receive distributions, whether in the form of dividends, return of capital on a winding up or any other means (a “Distribution”) in proportion to the number of Class A Shares held by them and pro rata with all other shares in the capital of the Company which are entitled to Distributions (so that all such shares which are entitled to receive such Distributions receive the same amount per share, subject to any differences in such amount as a result of rights to receive Distributions attaching to the Class B Share and the Class D Share).

Appears in 2 contracts

Samples: Shareholders Agreement (ReNew Energy Global PLC), Shareholders Agreement (ReNew Energy Global PLC)

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Rights to Dividends and Other Distributions. Each holder of Class A C Shares shall be entitled to receive distributions, whether in the form of dividends, return of capital on a winding up or any other means (a “Distribution”) Distributions in proportion to the number of Class A C Shares held by them and pro rata with all other shares in the capital of the Company which are entitled to receive Distributions (so that all such shares which are entitled to receive such Distributions receive the same amount per share, subject to any differences in such amount as a result of rights to receive Distributions attaching to the Class B Share and the Class D Share).

Appears in 2 contracts

Samples: Shareholders Agreement (ReNew Energy Global PLC), Shareholders Agreement (ReNew Energy Global PLC)

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