Common use of Dividends or Distributions Payable in Cash or Other Property Clause in Contracts

Dividends or Distributions Payable in Cash or Other Property. The Voting Trustee shall, from time to time, pay or cause to be paid to Holder, his pro rata share of any dividends or distributions payable in cash or property, other than voting stock of the BVI Company and(or) the Shell Company, collected by the Voting Trustee upon the Trust Shares. For the purpose of making any such payment, or for any other purpose, the Voting Trustee may, in his discretion, fix such date as they may reasonably determine as a record date for the determination of persons entitled to any payments or other benefits hereunder, or order their transfer books closed for such period or periods of time as they shall deem proper.

Appears in 19 contracts

Samples: Voting Trust Agreement (GC China Turbine Corp.), Voting Trust Agreement (GC China Turbine Corp.), Voting Trust Agreement (GC China Turbine Corp.)

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Dividends or Distributions Payable in Cash or Other Property. The Voting Trustee shall, from time to time, pay or cause to be paid to Holder, his pro rata share of any dividends or distributions payable in cash or property, other than voting stock of the BVI Company and(or) the Shell CompanyCorporation, collected by the Voting Trustee upon the Trust SharesShares deposited hereunder. For the purpose of making any such payment, or for any other purpose, the Voting Trustee may, in his discretion, fix such date as they may reasonably determine as a record date for the determination of persons entitled to any payments or other benefits hereunder, or order their transfer books closed for such period or periods of time as they shall deem proper.

Appears in 6 contracts

Samples: Voting Trust Agreement (Buyonate Inc.), Voting Trust Agreement (CHINA INFRASTRUCTURE CONSTRUCTION Corp), Voting Trust Agreement (Li Tao)

Dividends or Distributions Payable in Cash or Other Property. The Voting Trustee Trustees shall, from time to time, pay or cause to be paid to HolderHolders, his their pro rata share of any dividends or distributions payable in cash or property, other than voting stock of the BVI Company and(or) the Shell CompanyCorporation, collected by the Voting Trustee Trustees upon the Trust SharesShares deposited hereunder. For the purpose of making any such payment, or for any other purpose, the Voting Trustee Trustees may, in his their discretion, fix such date as they may reasonably determine as a record date for the determination of persons entitled to any payments or other benefits hereunder, or order their transfer books closed for such period or periods of time as they shall deem proper.

Appears in 5 contracts

Samples: Voting Trust and Escrow Agreement (Entech Environmental Technologies Inc), Voting Trust and Escrow Agreement (Entech Environmental Technologies Inc), Voting Trust and Escrow Agreement (China Power Equipment, Inc.)

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Dividends or Distributions Payable in Cash or Other Property. The Voting Trustee shall, from time to time, pay or cause to be paid to Holder, his pro rata share of any dividends or distributions payable in cash or property, other than voting stock of the BVI Company and(or) the Shell CompanyCorporation, collected by the Voting Trustee upon the Trust Shares. Shares deposited hereunder, For the purpose of making any such payment, or for any other purpose, the Voting Trustee may, in his discretion, fix such date as they may reasonably determine as a record date for the determination of persons entitled to any payments or other benefits hereunder, or order their transfer books closed for such period or periods of time as they shall deem proper.,

Appears in 2 contracts

Samples: Voting Trust Agreement (China Electronics Holdings, Inc.), Voting Trust Agreement (China Electronics Holdings, Inc.)

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