Entitlement to Dividends. Subject to these Articles, all dividends and interest shall belong (subject to any lien of the Company) to those members whose names are on the Register at the date at which such dividend or bonus is declared, or at the date on which such interest is payable respectively, or at such other date as the Directors may determine and shall be paid in the manner set forth in these Articles, notwithstanding any subsequent transfer or transmission of shares.
Entitlement to Dividends. Buyer is entitled to any dividends paid out as of today's date on the sold shares.
Entitlement to Dividends. In accordance with the provisions set forth in Article 2.4 of the SSEA and to the extent WII waived its rights to receive dividends on the common shares of VimpelCom (the “VimpelCom Common Shares”) as further specified in the above-mentioned Article, Dxxxxxxx hereby undertakes to irrevocably direct VimpelCom not to make payment to Dxxxxxxx of dividends declared by VimpelCom during or in respect to the 2010 financial year on the VIP Shares received at Closing pursuant to this Article 3, with the understanding that any such waived dividends shall be retained by VimpelCom rather than being distributed to the other shareholders. Such waiver (i) shall not give rise to Dxxxxxxx receiving shares of a class, or with rights, different from the currently-outstanding VimpelCom Common Shares and (ii) is limited to the first $850,000,000 in dividends declared and paid out by VimpelCom as dividends with respect to the 2010 financial year, including interim and year-end dividends. Further to Closing, Dxxxxxxx, in its capacity as shareholder of VIP Shares on the relevant record date for receiving dividends, shall be entitled to receive its proportionate share of any such dividend amounts paid out above $850,000,000 with respect to the 2010 financial year. If necessary to effect the waiver set forth in this Article 3.3, Dxxxxxxx covenants to pay over to VimpelCom, net of Taxes imposed, any amounts actually received subject to such waiver.
Entitlement to Dividends. Weather II and the Weather I Shareholders, as the case may be, hereby irrevocably direct VimpelCom not to make payment to them of dividends declared by VimpelCom during or with respect to the 2010 financial year on the VimpelCom Common Shares received at Closing pursuant to this Article II, with the understanding that any such waived dividends shall be retained by VimpelCom rather than being distributed to the other shareholders. Such waiver (i) shall not give rise to Weather II or the Weather I Shareholders receiving shares of a class, or with rights, different from the currently-outstanding VimpelCom Common Shares and (ii) is limited to the first $850,000,000 in dividends declared and paid out by VimpelCom as dividends with respect to the 2010 financial year, including interim and year-end dividends. Weather I and Weather II, in their respective capacities as shareholders of VimpelCom Common Shares on the relevant record date for receiving dividends, shall be entitled to receive their proportionate share of any such dividend amounts paid out above $850,000,000 with respect to the 2010 financial year. If necessary to effect the waiver set forth in this Section 2.4(a), each of Weather II and the Weather I Shareholders covenant to pay over to VimpelCom, net of Taxes imposed, any amounts actually received subject to such waiver. VimpelCom shall declare and pay $850,000,000 in interim dividends on the VimpelCom Common Shares in respect of the 2010 financial year prior to the Closing Date. Other than with respect to the $850,000,000 in interim dividends on the VimpelCom Common Shares described in the immediately preceding sentence, VimpelCom shall not set as a record date for dividends to holders of Common Shares any date occurring prior to June 1, 2011. (b) VimpelCom agrees that the net cash amount of any dividend received by Orascom from MobiNil or ECMS between Closing and completion of the spin-off of MobiNil and ECMS pursuant to Spin-Off Plan A shall be capitalized in the entity that is demerged from Orascom in connection with the spin-off of the Orascom Spin-Off Assets pursuant to Spin-Off Plan A. ARTICLE III REPRESENTATIONS AND WARRANTIES OF WEATHER I AND WEATHER II RELATING TO THE WEATHER GROUP As of the date of the Original Agreement, the representations and warranties in this Article III regarding to Orascom’s Algerian Subsidiaries, operations, assets, or any direct or indirect benefits or liabilities derived from Algeria, including any action by a Go...
Entitlement to Dividends. The Series A Holders shall be entitled to receive, in respect of the Series A Shares, non-cumulative dividends if, as and when declared by the Board of Directors out of the monies of the Corporation properly applicable to the payment of dividends, the amount of which the directors, in their absolute discretion, may from time to time or at any time determine. Any declared but unpaid dividend shall be paid immediately upon the conversion of a Series A Share, if not previously paid.
Entitlement to Dividends. The Series B Holders shall be entitled to receive, in respect of the Series B Shares, non-cumulative dividends if, as and when declared by the Board of Directors out of the monies of the Corporation properly applicable to the payment of dividends, the amount of which the directors, in their absolute discretion, may from time to time or at any time determine. Any declared but unpaid dividend shall be paid immediately upon the conversion of a Series B Share, if not previously paid.
Entitlement to Dividends. The PartnerRe Shares which PARIS RE’s shareholders will receive upon effectiveness of the Merger are entitled to dividends as from the effectiveness of the Merger; it being un-derstood and agreed that PartnerRe Shares which PARIS RE’s shareholders will receive upon effectiveness of the Merger shall not receive any dividend or distribution having a re-cord date prior to the effectiveness of the Merger.
Entitlement to Dividends. The Seller is entitled to receive dividends and other distributions as and to the extent provided under the organizational documents of IHOP Property Leasing (subject to Applicable Law) payable from time to time and such right and entitlement is not subject to any prior Lien (other than Permitted Liens).
Entitlement to Dividends. MFC will be entitled to receive and retain any dividends or distributions paid in respect of the Securities and any such dividends or distributions shall be held as Collateral hereunder.
Entitlement to Dividends. Each Series A Holder on the record date for any dividend declared payable on the Series A Shares shall be entitled to such dividend notwithstanding that any Series A Share owned by him is converted after such record date and before the payment date of such dividend. The registered holder of any Common Share resulting from any conversion effected pursuant to this section 3 shall be entitled to rank equally with the registered holders of all other Common Shares in respect of all dividends declared payable to holders of Common Shares of record on or after the date of conversion. Except as provided in clauses 3.5 and 3.7, no adjustment will be made on account of any dividend declared or accrued prior to the date of conversion, on the Series A Shares converted or the Common Shares resulting from any conversion.
