Common use of Share Dividends Clause in Contracts

Share Dividends. In the event the Company at any time or from time to time after the Series C Original Issue Date shall declare or pay any dividend on the Ordinary Shares payable in Ordinary Shares, Options or Convertible Securities, Additional Ordinary Shares shall be deemed to have been issued immediately after the close of business on the record date for the determination of holders or any class of securities entitled to receive such dividend.

Appears in 2 contracts

Samples: Series C Preference Shares Purchase Agreement (Home Inns & Hotels Management Inc.), Series C Preference Shares Purchase Agreement (Home Inns & Hotels Management Inc.)

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Share Dividends. In the event the Company at any time or from time to time after the Series C Original Issue Date shall declare or pay any dividend on the Ordinary Shares payable in Ordinary Shares, Options or Convertible Securities, Additional Ordinary Shares shall be deemed to have been issued immediately after the close of business on the record date for the determination of holders or any class of securities entitled to receive such dividend.

Appears in 2 contracts

Samples: Series B Preference Shares Purchase Agreement (Home Inns & Hotels Management Inc.), Series B Preference Shares Purchase Agreement (Home Inns & Hotels Management Inc.)

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Share Dividends. In the event the Company at any time or from time to time after the Series C Original Issue Date shall declare or pay any dividend on the Ordinary Shares payable in Ordinary Shares, Options options or Convertible Securities, Additional Ordinary Shares convertible securities additional ordinary shares shall be deemed to have been issued immediately after the close of business on the record date for the determination of holders or any class of securities entitled to receive such dividend.

Appears in 1 contract

Samples: Share Exchange Agreement (CHINA NEW BORUN Corp)

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