Common use of Advantages Clause in Contracts

Advantages. The Plan offers eligible Shareholders the opportunity, at their option, to reinvest Dividends payable in respect of their Preferred Shares without paying any commissions, service charges or brokerage fees. Full reinvestment of Dividends is possible because the Plan permits a fractional interest in a whole Preferred Share (to four decimal places) for any amount that cannot be reinvested as a whole Preferred Share.

Appears in 7 contracts

Samples: www.morrisonlaurier.ca, www.morrisonlaurier.ca, www.morrisonlaurier.ca

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