Capitalization of Retained Earnings or Surplus. Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any retained earnings or surplus of the Company and may from time to time issue, as fully paid, shares or any bonds, debentures or other securities of the Company as a dividend representing the retained earnings or surplus so capitalized or any part thereof.
Appears in 39 contracts
Samples: Rights Agreement, Incorporation Agreement (QualTek Wireline LLC), Business Combination Agreement
Capitalization of Retained Earnings or Surplus. Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any retained earnings or surplus on hand of the Company and may from time to time issue, issue as fully paidpaid and non-assessable any unissued shares, shares or any bonds, debentures or other securities debt obligations of the Company as a dividend representing the part or all of such retained earnings or surplus so capitalized or any part thereof.
Appears in 3 contracts
Samples: Class a Preferred Share Purchase Agreement (Mechanical Technology Inc), Business Combination Agreement (Acreage Holdings, Inc.), Business Combination Agreement
Capitalization of Retained Earnings or Surplus. Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any retained earnings or surplus of the Company and may from time to time issue, as fully paid, shares or any bonds, debentures debentures, or other securities of the Company as a dividend representing the retained earnings or surplus so capitalized or any part thereof.
Appears in 1 contract
Samples: Incorporation Agreement
Capitalization of Retained Earnings or Surplus. β Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any retained earnings or surplus of the Company and may from time to time issue, as fully paid, shares or any bonds, debentures or other securities of the Company as a dividend representing the retained earnings or surplus so capitalized or any part thereof.
Appears in 1 contract
Samples: Business Combination Agreement
Capitalization of Retained Earnings or Surplus. Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any retained earnings or surplus of the Company and may from time to time issue, as fully paid, shares or any bonds, debentures or other securities of the Company as a dividend representing the retained earnings or surplus so capitalized or any part thereof.
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