Rights and Obligations of Shareholders. 5.1 Each ordinary share gives the Shareholder 1 (one) vote at the General Meeting on all issues within the General Meeting’s competence.
Rights and Obligations of Shareholders. 20 SECTION 5.1 Shareholders...........................................................................20
Rights and Obligations of Shareholders. 1. Rights of Shareholders
Rights and Obligations of Shareholders. Each shareholder of the Company shall have the following rights and obligations to:
Rights and Obligations of Shareholders. (i) The Shareholders agree that no dividends shall be distributed unless the JVC has completed its obligations under the loan contract(s) at the date of such payment. Each Shareholder shall have the right to receive in the USD the dividends, which are declared to belong to each Shareholder and their amount and the payment terms agreed at any general meeting of the Shareholders of the JVC.
Rights and Obligations of Shareholders. 7.1 From the date of signing the agreement, Party A will no longer enjoy the rights of the shareholders of the target company corresponding to the transfer of shares and will no longer perform the obligations of the shareholders.
Rights and Obligations of Shareholders. 11. The shareholders have the following rights: (1) Voting rights and the rights to be voted; (2) Dividend distribution according to the percentage of the investment; (3) supervising, inquiring or censoring the daily management and business activities of the corporation; (4) Voting rights in the shareholders meetings on the important decision about the company; (5) Sharing the residual property in accordance to his investment proportion after the corporation closes the business.
Rights and Obligations of Shareholders. 5.1 All the rights and obligations of shareholders attached to the 51% Sale Interests in Shanghai Huaqing shall be transferred to the Purchaser since the execution date of this Agreement.
Rights and Obligations of Shareholders. 23 6.1 Limitation of Liability 23 6.2 Lack of Authority 23 6.3 No Right of Partition 23 6.4 Indemnification 24 6.5 Members Right to Act 24 6.6 Investment Opportunities and Conflicts of Interest 25 6.7 Confidentiality 25 ARTICLE VII BOOKS, RECORDS, ACCOUNTING AND REPORTS 26 7.1 Records and Accounting 26 7.2 Fiscal Year 26 7.3 Reports 26 7.4 Transmission of Communications 27 ARTICLE VIII TAX MATTERS 27 8.1 Preparation of Tax Returns 27 8.2 Tax Elections 27 8.3 Tax Controversies 27 ARTICLE IX TRANSFER OF SHARES 27
Rights and Obligations of Shareholders. 7.1 From the date when Party B pays all of the share transfer price, Party A will no longer enjoy the rights of the shareholders of the target company corresponding to the transfer of shares and will no longer perform the obligations of the shareholders.
