Common use of Assignment of Dividends and Other Distributions Clause in Contracts

Assignment of Dividends and Other Distributions. Each Shareholder hereby assigns to Acquisition Sub any and all dividends and other distributions that may be declared, set aside or paid by the Company with respect to such Shareholder's Shares during the term of this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Guardian Fiberglass Inc), Tender and Option Agreement (Guardian Fiberglass Inc), Tender and Option Agreement (Cameron Ashley Building Products Inc)

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Assignment of Dividends and Other Distributions. Each The Shareholder hereby assigns shall be entitled to Acquisition Sub receive any and all dividends and other distributions that may be declared, set aside or paid by the Company with respect to such Shareholder's the Shares during the term of this Agreement.

Appears in 2 contracts

Samples: Shareholder Agreement (BMG North America LTD), Shareholder Agreement (Oxford Automotive Inc)

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