in this memorandum of asssociation and the attached articles of association, if not inconsistent with the subject or context
"Act" means the BVI business companies act,2004 (no.16 of 2004) and includes the regulations made under the act;
"Article" means the attached Articles of association of the company;
"Chairman of the Board" has the meaning specified in regulation 12;
"Distribution" in relation to a distribution by the company to a shareholder means the director or indirect transfer of an asset, other than shares, to or for the benefit of the shareholder, or the incurring of a debt to or for the benefit of a shareholder, in relation to shares held by a shareholder, and whether by means of a purchase of an asset, the purchase, redemption or other acquisition of shares, a distribution of indebtedness or otherwise, and inculdes a dividend
in this memorandum of asssociation and the attached articles of association, if not inconsistent with the subject or context
"Act" means the BVI business companies act,2004 (no.16 of 2004) and includes the regulations made under the act;
"Article" means the attached Articles of association of the company;
"Chairman of the Board" has the meaning specified in regulation 12;
"Distribution" in relation to a distribution by the company to a shareholder means the director or indirect transfer of an asset, other than shares, to or for the benefit of the shareholder, or the incurring of a debt to or for the benefit of a shareholder, in relation to shares held by a shareholder, and whether by means of a purchase of an asset, the purchase, redemption or other acquisition of shares, a distribution of indebtedness or otherwise, and inculdes a dividend
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