Final Determinations by the Board |
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The determination by the AFT Board, made in good faith, on the following matters will be considered final and binding upon AFT and each
stockholder: The amount
of net income and assets available for dividends, stock redemption or other distributions
The amount of paid-in surplus, net assets, other surplus,
annual or other cash flow, net profit, net assets in excess of capital, undivided profits or excess of profits over losses on sales of assets
The amount, purpose, time of creation, increase or decrease, alteration or cancellation of any
reserves or charges and the propriety thereof
The interpretation or resolution of any ambiguity with respect to any provision of the AFT Charter
or AFT Bylaws, including terms, preferences, conversion or other rights, voting powers, restrictions, limitations |
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The determination by the AIF Board, made in good faith, on the following matters will be considered final and binding upon AIF and each
stockholder: The amount
of net income and assets available for dividends, stock redemption or other distributions
The amount of paid-in surplus, net assets, other surplus,
annual or other cash flow, net profit, net assets in excess of capital, undivided profits, or excess of profits over losses on sales of assets
The amount, purpose, time of creation, increase or decrease, alteration or cancellation of any
reserves or charges and the propriety thereof
The interpretation or resolution of any ambiguity with respect to any provision of the AIF Charter
or AIF Bylaws, including terms, preferences, conversion or other rights, voting powers, restrictions, limitations |
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The determination by the MFIC Board, made in good faith and absent receipt of improper benefits or deliberate dishonesty, on the following
matters will be considered final and binding upon MFIC and each stockholder:
The amount of net income and assets available for dividends, stock redemption or other
distributions The amount
of paid-in surplus, net assets, other surplus, annual or other net profit, net assets in excess of capital, undivided profits or excess of profits over losses on sales of assets
The amount, purpose, time of
creation, increase or decrease, alteration or cancellation of any reserves or charges and the propriety thereof.
The fair value, sale, bid or asked price to be applied in determining the fair value of any
asset Any matter relating
to the acquisition, holding |