Sale and Voting of Purchased Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it: (1) is not entitled to vote the share at a meeting of its shareholders; (2) must not pay a dividend in respect of the share; and (3) must not make any other distribution in respect of the share.
Appears in 25 contracts
Samples: Incorporation Agreement (QualTek Wireline LLC), Separation and Distribution Agreement (Inpixon), Acquisition Agreement
Sale and Voting of Purchased Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it:
(1a) is not entitled to vote the share at a meeting of its shareholders;
(2b) must not pay a dividend in respect of the share; and
(3c) must not make any other distribution in respect of the share.
Appears in 12 contracts
Samples: Business Combination Agreement (Screaming Eagle Acquisition Corp.), Business Combination Agreement (Jupiter Acquisition Corp), Incorporation Agreement (BirchBioMed Inc.)
Sale and Voting of Purchased Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it:
(1) is not entitled to vote the share at a meeting of its shareholders;
(2) must not pay a dividend in respect of the share; and
(3) must not make any other distribution in respect of the share.
Appears in 4 contracts
Samples: Business Combination Agreement (Plum Acquisition Corp. III), Business Combination Agreement (Schultze Special Purpose Acquisition Corp.), Amending Agreement (Hawthorne Gold Corp.)
Sale and Voting of Purchased Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it:
(1) is not entitled to vote the share at a meeting of its shareholders;
(2) must not pay a dividend in respect of the share; and
(3) must not make any other distribution in respect of the share.
Appears in 4 contracts
Samples: Community Forest Agreement, Community Forest Agreement, Business Combination Agreement
Sale and Voting of Purchased Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it:
(1) . is not entitled to vote the share at a meeting of its shareholders;
(2) . must not pay a dividend in respect of the share; and
(3) . must not make any other distribution in respect of the share.
Appears in 3 contracts
Samples: Amalgamation Agreement, Amalgamation Agreement, Amalgamation Agreement
Sale and Voting of Purchased Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it:
(1) is not entitled to vote the share at a meeting of its shareholders;
(2) must not pay a dividend in respect of the share; and
(3) must not make any other distribution in respect of the share.share.
Appears in 2 contracts
Samples: Amalgamation Agreement, Business Combination Agreement
Sale and Voting of Purchased Shares. If the Company retains a share which it has redeemed, purchased or otherwise acquired by itacquired, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it:
(1) is not entitled to vote the share at a meeting of its shareholders;
(2) must not pay a dividend in respect of the share; and
(3) must not make any other distribution in respect of the share.
Appears in 2 contracts
Samples: Amalgamation Agreement, Amalgamation Agreement
Sale and Voting of Purchased Shares. If the Company retains a share redeemedpurchased, purchased redeemed or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it:
(1a) is not entitled to vote the share at a meeting of its shareholders;
(2b) must not pay a dividend in respect of the share; and
(3c) must not make any other distribution in respect of the share.
Appears in 1 contract
Samples: Business Combination Agreement
