Common use of Unclaimed Dividends Clause in Contracts

Unclaimed Dividends. Any dividend unclaimed after a period of six years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 6 contracts

Samples: Merger Agreement (Flexible Solutions International Inc), Amalgamation Agreement, Amalgamation Agreement

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Unclaimed Dividends. Any dividend unclaimed after a period of six years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the CorporationCompany. The Company shall not be liable to any person in respect of any dividend which is forfeited to the Company or delivered to any public official pursuant to any applicable abandoned property, escheat or similar law.

Appears in 2 contracts

Samples: Arrangement Agreement (Foremost Clean Energy Ltd.), Arrangement Agreement (Foremost Clean Energy Ltd.)

Unclaimed Dividends. Any dividend unclaimed after a period of six 6 years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 2 contracts

Samples: Share Purchase Agreement (Mascoma Corp), Option to Purchase and Governance Agreement (Allis Chalmers Energy Inc.)

Unclaimed Dividends. Any dividend unclaimed after a period of six three years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the CorporationCompany. The Company shall not be liable to any person in respect of any dividend which is forfeited to the Company, or delivered to any public official pursuant to any applicable abandoned property, escheat or similar law.

Appears in 2 contracts

Samples: Arrangement Agreement (Bausch Health Companies Inc.), Arrangement Agreement (Bausch & Lomb Corp)

Unclaimed Dividends. Any dividend unclaimed after a period of six 6 years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 2 contracts

Samples: Amalgamation Agreement (Jenex CORP), Amalgamation Agreement (Jenex CORP)

Unclaimed Dividends. Any dividend unclaimed after a period of six two years from the date on which the same dividend has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 2 contracts

Samples: By Law (Milestone Pharmaceuticals Inc.), By Law (Milestone Pharmaceuticals Inc.)

Unclaimed Dividends. Any dividend unclaimed after a period of six (6) years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 1 contract

Samples: Mortgage Agreement (Stratcomm Media LTD)

Unclaimed Dividends. Any To the extent permitted by law, any dividend or other distribution that remains unclaimed after a period of six years from the date on which the same dividend has been declared to be payable shall be is forfeited and shall will revert to the Corporation.

Appears in 1 contract

Samples: Business Combination Agreement (Prospector Capital Corp.)

Unclaimed Dividends. Any dividend unclaimed after a period of six two years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 1 contract

Samples: Arrangement Agreement (Firstservice Corp)

Unclaimed Dividends. Any dividend unclaimed after a period of ------------------- six (6) years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 1 contract

Samples: By Law (Storage Access Technologies Inc)

Unclaimed Dividends. Any dividend unclaimed after a period of six 15 years from the date on which the same has been declared to be payable shall will be forfeited and shall will revert to the Corporation.

Appears in 1 contract

Samples: Business Combination Agreement

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Unclaimed Dividends. Any dividend unclaimed after a period of six three years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 1 contract

Samples: Amalgamation Agreement

Unclaimed Dividends. Any dividend unclaimed after a period of six three years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the CorporationCompany. The Company shall not be liable to any person in respect of any dividend which is forfeited to the Company or delivered to any public official pursuant to any applicable abandoned property, escheat or similar law.

Appears in 1 contract

Samples: Business Combination Agreement (Forbion European Acquisition Corp.)

Unclaimed Dividends. Any dividend dividend, whether declared before or after the enactment of this By-law No. 1, unclaimed after a period of six years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 1 contract

Samples: By Law

Unclaimed Dividends. Any Subject to the Act and other applicable laws, any dividend unclaimed after a period of six 6 years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vasogen Inc)

Unclaimed Dividends. Any dividend To the extent permitted by applicable law, any dividends unclaimed after a period of six years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.

Appears in 1 contract

Samples: By Law

Unclaimed Dividends. Any dividend unclaimed after a period of six 6 years from the date on which the same has been declared to be payable shall be forfeited and shall revert to the Corporation.. SECTION TEN

Appears in 1 contract

Samples: Amalgamation Agreement

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