Report to Shareholders Sample Clauses

Report to Shareholders. To the extent required by applicable law, any indemnification or advance of expenses to Indemnitee in accordance with this Agreement shall be reported in writing to the shareholders with or before the notice or waiver of notice of the next shareholders meeting or with or before the next submission to shareholders of a consent to action without a meeting and, in any case, within the 12 month period immediately following the indemnification or advance.
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Report to Shareholders in relation to the preparation of reports to shareholders including annual and half-yearly reports; and
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Report to Shareholders. If the Corporation indemnifies or advances expenses to a director in connection with a proceeding by or in the right of the Corporation, the Corporation shall report the indemnification or advance, in writing, to shareholders with or before the notice of the next shareholders’ meeting.
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Report to Shareholders. Any indemnification of or advance of expenses to a director in accordance with this Article VI, if arising out of a proceeding by or on behalf of the corporation, shall be reported in writing to the shareholders with or before the notice of the next shareholders' meeting. If the next shareholder action is taken without a meeting at the instigation of the board of directors, such notice shall be given to the shareholders at or before the time the first shareholder signs a writing consenting to such action.
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Report to Shareholders. The corporation shall report in writing to shareholders any indemnity or advanced expenses paid to a director, officer, employee or agent with or before the notice of the next shareholders' meeting.
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Report to Shareholders. 18 10.11 Severability...................................................................................... 18
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Report to Shareholders. The Company shall prepare and provide to the Shareholders financial statements on a quarterly basis and management reports on a monthly basis. The Company shall also prepare year-end financial statements which shall be audited by an internationally reputable accounting firm selected by the Board.
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Report to Shareholders. The savings and loan industry experienced a number of changes in 1996, the long-term effect of which could be viewed as positive. In 1996 the industry contributed almost six billion dollars to fully fund the Savings Association Insurance Fund (SAIF). The industry also received a measure of relief with respect to the onerous tax requirement which may cause certain thrifts to recapture all or a portion of their bad debt reserves in the event of a charter change. These changes generally level the competitive playing field among thrifts and other insured financial institutions and should allow many financial institutions increased flexibility to choose the charter through which they wish to operate. The short-term effect of the SAIF recapitalization payment was a direct charge to current earnings. The Company's charge amounted to approximately $1.6 million. Despite this one-time charge, the Company recorded outstanding earnings for 1996 of $4.29 million, or $1.57 per share, which included a recovery of a $732,000 valuation allowance on a deferred tax asset. Overall for 1996 the Company achieved a 13.77% return on shareholders' equity. By comparison, publicly-traded thrifts as a whole achieved a median return on equity of 5.19%. Excluding the effects of non-recurring items, earnings for 1996 would have been $1.67 per share compared to $1.55 per share for the prior year. The Company ended 1996 with assets of $498.4 million, an increase of $45 million over the prior year. As a result of this 10% increase in assets, net interest income increased $1.57 million or over 11.5%. Despite the $45 million asset growth, the ratio of general and administrative expenses to average assets increased a modest four basis points to 1.83%, still considerably lower than most in the industry.
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Report to Shareholders. If the Company has paid indemnity or has advanced expenses to a Person under this Section, the Company shall promptly report the indemnification or advance in writing to the Shareholders.
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Related to Report to Shareholders

  • Reports to Shareholders The Trustees shall at least semi-annually submit to the Shareholders of each Series a written financial report of the transactions of the Trust and Series thereof, including financial statements which shall at least annually be certified by independent public accountants.

  • Reports to SEC and to Shareholders Promptly upon the filing or sending thereof, copies of all regular, periodic or special reports of the Parent or any Subsidiary filed with the SEC (excluding exhibits thereto, provided that the Company shall promptly deliver any such exhibit to the Administrative Agent or any Lender upon request therefor); copies of all registration statements of the Parent or any Subsidiary filed with the SEC; and copies of all proxy statements or other communications made to shareholders generally concerning material developments in the business of the Parent or any Subsidiary.

  • Reports to the SEC and to Shareholders Promptly upon the filing or sending thereof, copies of all regular, periodic or special reports of any Loan Party filed with the SEC; copies of all registration statements of any Loan Party filed with the SEC (other than on Form S-8); and copies of all proxy statements or other communications made to security holders generally.

  • Mailings to Shareholders With respect to each Parent Meeting and Parent Consent, the Trustee will mail or cause to be mailed (or otherwise communicate in the same manner as Parent utilizes in communications to holders of Parent Common Stock) to each of the Holders named in the List on the same day as the initial mailing or notice (or other communication) with respect thereto is commenced or given by Parent to its stockholders:

  • Notice to Stockholders Whenever under applicable law, the Certificate of Incorporation or these Bylaws notice is required to be given to any stockholder, such notice may be given (i) in writing and sent either by hand delivery, through the United States mail, or by a nationally recognized overnight delivery service for next day delivery, or (ii) by means of a form of electronic transmission consented to by the stockholder, to the extent permitted by, and subject to the conditions set forth in Section 232 of the DGCL. A notice to a stockholder shall be deemed given as follows: (i) if given by hand delivery, when actually received by the stockholder, (ii) if sent through the United States mail, when deposited in the United States mail, with postage and fees thereon prepaid, addressed to the stockholder at the stockholder’s address appearing on the stock ledger of the Corporation, (iii) if sent for next day delivery by a nationally recognized overnight delivery service, when deposited with such service, with fees thereon prepaid, addressed to the stockholder at the stockholder’s address appearing on the stock ledger of the Corporation, and (iv) if given by a form of electronic transmission consented to by the stockholder to whom the notice is given and otherwise meeting the requirements set forth above, (A) if by facsimile transmission, when directed to a number at which the stockholder has consented to receive notice, (B) if by electronic mail, when directed to an electronic mail address at which the stockholder has consented to receive notice, (C) if by a posting on an electronic network together with separate notice to the stockholder of such specified posting, upon the later of (1) such posting and (2) the giving of such separate notice, and (D) if by any other form of electronic transmission, when directed to the stockholder. A stockholder may revoke such stockholder’s consent to receiving notice by means of electronic communication by giving written notice of such revocation to the Corporation. Any such consent shall be deemed revoked if (1) the Corporation is unable to deliver by electronic transmission two consecutive notices given by the Corporation in accordance with such consent and (2) such inability becomes known to the Secretary or an Assistant Secretary or to the Corporation’s transfer agent, or other person responsible for the giving of notice; provided, however, the inadvertent failure to treat such inability as a revocation shall not invalidate any meeting or other action.

  • Communications to Shareholders Upon timely written instructions, PFPC shall mail all communications by the Fund to its shareholders, including:

  • Reports to Unitholders The Partnership will make generally available to its unitholders and to the Representatives an earnings statement or statements of the Partnership and its subsidiaries which will satisfy, on a timely basis, the provisions of Section 11(a) of the Act and Rule 158 under the Act.

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