Future Dividends or Distributions Sample Clauses
The 'Future Dividends or Distributions' clause defines how any dividends or other financial distributions declared after the agreement date will be handled between the parties. Typically, this clause specifies whether the recipient of shares or interests is entitled to receive future payouts, or if such benefits remain with the original holder up to a certain date or event. By clarifying entitlement to future financial benefits, this clause prevents disputes and ensures both parties understand their rights regarding income generated after the transaction.
Future Dividends or Distributions. No dividends or other distributions with respect to capital stock of the Surviving Corporation with a record date on or after the Effective Time will be paid to the holder of any unsurrendered Certificates or Uncertificated Shares.