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. The Borrower may not make Shareholder Distributions at a time when an Event of Default has then occurred and is continuing or would result therefrom. 7.10
Shareholder Distributions. Between the execution of this Agreement and the Closing Date, Parent will not pay any dividends or distributions on its common stock other than customary quarterly dividends in like kind and amounts, and stock buybacks consistent with past practice.
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. None of StarCare, APAC or Pinnacle has made any distribution to the Shareholder of assets shown on the October Interim Financial Statements except:
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. 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.
