Common use of Dividend and Shareholder Loan Repayment Policy Clause in Contracts

Dividend and Shareholder Loan Repayment Policy. The Shareholders agree on behalf of themselves and the Company to take, and to procure that its nominated Directors take, all necessary steps to distribute dividends to the Shareholders and make payments and repayments on Subordinated Shareholder Loans to the fullest extent possible, consistent with the dividend and shareholder loan repayment policy of the Company (the “Dividend Policy”).

Appears in 2 contracts

Samples: Shareholder Agreement (Dow Chemical Co /De/), Shareholder Agreement (Dow Chemical Co /De/)

AutoNDA by SimpleDocs

Dividend and Shareholder Loan Repayment Policy. The Shareholders agree on behalf of themselves and the Company to take, and to procure that its nominated Directors take, all necessary steps to distribute dividends to the Shareholders and make payments and repayments on Subordinated Shareholder Loans to the fullest extent possible, consistent with the dividend and shareholder loan repayment policy of the Company (the “Dividend Policy”).. - 76 -

Appears in 1 contract

Samples: Shareholders' Agreement

AutoNDA by SimpleDocs

Dividend and Shareholder Loan Repayment Policy. The Shareholders agree on behalf of themselves and the Company to take, and to procure that its nominated Directors Managers take, all necessary steps to distribute dividends to the Shareholders and make payments and repayments on Subordinated Shareholder Loans to the fullest extent possible, consistent with the dividend and shareholder loan repayment policy of the Company (the “Dividend Policy”).

Appears in 1 contract

Samples: Shareholders Agreement (Dow Chemical Co /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!