Common use of Share Dividends or Distributions Clause in Contracts

Share Dividends or Distributions. The Voting Trustees shall receive and hold, subject to the terms of this Agreement, any voting stock of the Corporation issued in respect of the Shares by reason of any recapitalization, share dividend, split, combination or the like and shall issue and deliver Voting Trust Certificates therefor to the Holders in proportion to their respective interests therein as shown on the books of the Voting Trustees.

Appears in 4 contracts

Samples: Voting Trust and Escrow Agreement (China Power Equipment, Inc.), Voting Trust and Escrow Agreement (Entech Environmental Technologies Inc), Voting Trust and Escrow Agreement (Entech Environmental Technologies Inc)

AutoNDA by SimpleDocs

Share Dividends or Distributions. The Voting Trustees Trustee shall receive and hold, subject to the terms of this Agreement, any voting stock of the Corporation issued in respect of the Shares by reason of any recapitalization, share dividend, split, combination or the like and shall issue and deliver Voting Trust Certificates therefor to the Holders in proportion to their respective interests therein as shown on the books of the Voting Trusteeslike.

Appears in 3 contracts

Samples: Voting Trust Agreement (China Electronics Holdings, Inc.), Voting Trust Agreement (China Electronics Holdings, Inc.), Voting Trust Agreement (Buyonate Inc.)

Share Dividends or Distributions. The Voting Trustees shall receive and hold, hold subject to the terms of this Agreement, any voting stock of the Corporation issued in respect of the Shares by reason of any recapitalization, recapitalization share dividend, split, split combination or the like and shall issue and deliver Voting Trust Certificates therefor to the Holders in proportion to their respective interests therein as shown on the books of the Voting Trustees.

Appears in 1 contract

Samples: Voting Trust and Escrow Agreement (China Agri-Business, Inc.)

AutoNDA by SimpleDocs

Share Dividends or Distributions. The Voting Trustees shall receive and hold, subject to the terms of this Agreement, any voting stock of the Corporation issued in respect of the Shares by reason of any recapitalization, share dividend, split, combination or the like and shall issue and deliver Voting Trust Certificates therefor to the Holders holders in proportion to their respective interests therein as shown on the books of the Voting Trustees.

Appears in 1 contract

Samples: Voting Trust Agreement (Elmers Restaurants Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!