Common use of Capitalization of Surplus Clause in Contracts

Capitalization of Surplus. Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any 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 surplus or any part of the surplus.

Appears in 27 contracts

Samples: Business Combination Agreement (Plum Acquisition Corp. III), Business Combination Agreement (Screaming Eagle Acquisition Corp.), Business Combination Agreement (Jupiter Acquisition Corp)

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Capitalization of Surplus. β€Œ Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any 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 surplus or any part of the surplus.

Appears in 1 contract

Samples: Amalgamation Agreement

Capitalization of Surplus. Notwithstanding anything contained in these Articles, the directors may from time to time capitalize any 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 surplus or any part of the surplus.

Appears in 1 contract

Samples: Arrangement Agreement (Bayswater Uranium CORP)

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Capitalization of 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 all or part of such retained earnings or surplus or any part of the retained earnings or surplus.

Appears in 1 contract

Samples: Business Combination Agreement (Acreage Holdings, Inc.)

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