Common use of FUNDING OF REPURCHASES Clause in Contracts

FUNDING OF REPURCHASES. In repurchasing Shares, the Company may only apply funds legally available for such purpose in accordance with its Articles and the applicable laws of the Cayman Islands. Such funds include profits available for distribution.

Appears in 5 contracts

Samples: Proposal for Re Election of Retiring Directors, Proposal for Re Election of Retiring Directors, Proposal for Re Election of Retiring Directors

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FUNDING OF REPURCHASES. In repurchasing Shares, the Company may only apply funds legally available for such purpose in accordance with its Articles of Association and the applicable laws of the Cayman Islands. Such funds include profits available for distribution.

Appears in 1 contract

Samples: Circular

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