Common use of Other Distributions to Shareholders Clause in Contracts

Other Distributions to Shareholders. 6.04 If at any time during the continuation of this Agreement the Trustee shall receive or collect any money (other than in payment of cash dividends) through a distribution by the Company to its shareholders or shall receive any property (other than shares of voting stock of the Company) through a distribution by the Company to its shareholders, the Trustee shall distribute it to the Voting Trust Certificate Holders registered as such at the close of business on the record date determined pursuant to the provisions of Section 6.06. If applicable, the Trustee may withhold from the distribution the deductions provided for in Section 6.05.

Appears in 3 contracts

Samples: Addendum Agreement, Voting Trust Agreement (Staktek Holdings Inc), Voting Trust Agreement (Staktek Holdings Inc)

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Other Distributions to Shareholders. 6.04 If at any time during the continuation of this Agreement the Trustee shall receive or collect any money (other than in payment of cash dividends) moneys through a distribution by the Company to its shareholders shareholders, other than in payment of cash dividends, or shall receive any property (other than shares of voting stock of the Company) through a distribution by the Company to its shareholders, the Trustee shall distribute it the same to the Voting Trust Certificate Holders registered as such at the close of business on the record date determined pursuant to the provisions of Section 6.06. If applicable, 5.06; provided that the Trustee may withhold from the distribution therefrom the deductions provided for in Section 6.055.05.

Appears in 2 contracts

Samples: Voting Trust Agreement (Ontro Inc), Voting Trust Agreement (Ontro Inc)

Other Distributions to Shareholders. 6.04 If at any time during the continuation of this Agreement the Trustee shall receive or collect any money moneys (other than in payment of cash dividends) through a distribution by the Company to its shareholders or shall receive any property (other than shares of voting stock of the Company) through a distribution by the Company to its shareholders, the Trustee shall distribute it the moneys or property to the Voting Trust Certificate Holders registered as such at the close of business on the record date determined pursuant to the provisions of Section 6.065.06. If applicable, the The Trustee may withhold from the distribution the deductions provided for in Section 6.055.05.

Appears in 2 contracts

Samples: Voting Trust Agreement (Silverleaf Resorts Inc), Voting Trust Agreement (Mead Robert E)

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Other Distributions to Shareholders. 6.04 If 6.04. If, at any time during the continuation of this Agreement Agreement, the Trustee Trustees shall receive or collect any money (other than in payment of cash dividends) moneys through a distribution by the Company to its shareholders shareholders, other than in payment of cash dividends, or shall receive any property (other than shares of voting stock of the Company) through a distribution by the Company to its shareholders, the Trustee shall distribute it to the Voting Trust Certificate Holders registered Shareholders as soon as practicable after receipt of such at the close of business on the record date determined pursuant to the provisions of Section 6.06distribution. If applicable, the The Trustee may withhold from the distribution the deductions provided for in Section Paragraph 6.05.. Deductions from Distributions

Appears in 1 contract

Samples: Voting Trust Agreement (Braun Consulting Inc)

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