Common use of Restrictions on Dividends and Retirement of Shares Clause in Contracts

Restrictions on Dividends and Retirement of Shares. So long as any of the Preferred Shares Series 25 are outstanding, the Bank shall not at any time, without the approval of the holders of the Preferred Shares Series 25 given as provided in Section (ix):

Appears in 2 contracts

Samples: Amending Agreement (Bank of Nova Scotia /), Amending Agreement (Sun Life Financial Inc)

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Restrictions on Dividends and Retirement of Shares. So long as any of the Preferred Shares Series 25 24 are outstanding, the Bank shall not at any time, without the approval of the holders of the Preferred Shares Series 25 24 given as provided in Section (ix):

Appears in 2 contracts

Samples: Amending Agreement (Bank of Nova Scotia /), Amending Agreement (Sun Life Financial Inc)

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