Shareholder Distributions. Declare or pay any Shareholder Distributions without the prior written consent of RBL, which consent shall be exercised in RBL's sole discretion, except upon notice to RBL when necessary for shareholders to pay income taxes.
Shareholder Distributions. An amount equal to the Shareholders' accrued income tax liability arising from CMB's earnings from January 1, 1995 through the Effective Date (which is estimated by CMB to be $200,000 by such date) and an amount equal to CMB's Accumulated Adjustments Accounts account as defined in Section 1368(e)(i) of the Internal Revenue Code of 1986, as amended, (which is estimated by CMB to be $500,000) will be distributed by CMB to the Shareholders prior to the Closing; provided, however, that such accrued income tax liability shall be determined by CMB on a basis consistent with prior periods.
Shareholder Distributions. Related Manager shall be entitled to receive distributions from the Trust or its subsidiaries in respect of any Shares it holds.
Shareholder Distributions. For as long as Xfone controls Story, Shareholder Distributions shall take place after each accounting year in which Story reported profits, it shall be made on a pro rata basis to all Shareholders, shall be made in compliance with all applicable legal requirements; and must be approved by unanimous vote of the Board of Directors of Story, such approval shall not be unreasonably withheld.
Shareholder Distributions. Sellers will have provided Buyer with evidence of the payment by the Company of all shareholder distributions accrued or otherwise owed to the Sellers.
Shareholder Distributions. You will not (a) declare or pay any dividends on your capital stock, make any distribution in respect thereof or purchase, redeem or otherwise acquire any of your shares of stock, (b) make any other payments to shareholders, whether as commissions, salaries, bonuses, loan payments or otherwise, or (c) make any payments to affiliates or members of the immediate family of any shareholder, whether as commissions, salaries, bonuses, loan payments, payments for goods or services or otherwise, in each case without our prior written consent. Nothing herein shall prohibit you from selling inventory in the ordinary course of business to Capital Video Corporation.
Shareholder Distributions. Except for distributions made to or for the benefit of Seller's shareholders to cover shareholder Tax Liabilities consistent with past practices and consented to by Buyer in advance in a signed writing, which consent shall not be unreasonably withheld, Seller has not made and will not make any distributions to Seller's shareholders since December 31, 2004 other than distributions to Seller's shareholders to cover Tax Liabilities made in June 2005 in the aggregate amount of Six Hundred Seven Thousand Six Hundred Dollars ($607,600).
Shareholder Distributions. Shareholder distributions will be made in accordance with the Monthly Profit Distribution Agreement a copy of which is appended hereto as Exhibit "A". 13. New Jersey Law to Govern. This Agreement shall be governed as to its validity, interpretation and effect by the laws of the State of New Jersey. 14.
Shareholder Distributions. Shareholder distributions will be made monthly and be based on percentages owned.
Shareholder Distributions. The Company shall not pay any dividends or distributions to any of the Shareholders from the date of this Agreement through the Merger Date, except as otherwise provided in Section 2.13. Notwithstanding the foregoing, if the Merger Date occurs after August 15, 1998, then an amount equal to 100% of the after-tax income of the Company for the period from August 15, 1998 through the Merger Date shall be added to the cash portion of the Merger Consideration.
