Company: BIPC
Filing Date: 2025-03-24
Form Type: 20-F
Source: 0001628280-25-014377
Chunk: 306

Company: Brookfield Infrastructure Corp
Filing Date: 2025-03-24
Form: 20-F
Item: Item 10
Chunk 306
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 Officers, Continued      Our company will not indemnify any present or former director or officer of our company for acts of bad faith, fraud, willful misfeasance, gross negligence, knowing violation of law or reckless...      Under the partnership’s general partner’s bye-laws, the partnership’s general partner is required to indemnify, to the fullest extent permitted by law, its affiliates, directors, officers, resi...  
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234 Brookfield Infrastructure Corporation

                                   EXCHANGEABLE SHARES                                                                                                                                                                                       UNITS                                                                                                                                                                                                 
  Dividends and Distributions      Pursuant to the articles and subject to the prior rights of holders of all classes at the time outstanding having prior rights as to dividends, each exchangeable share will entitle its holder t...      Distributions to partners of the partnership will be made only as determined by the general partner in its sole discretion. However, the general partner will not be permitted to cause the partn...  
                                                                                                                                                                                                                                                                                                                                                                                                                                                   
                                   If the full amount of an exchangeable dividend is not declared and paid concurrent with a distribution on the units, then the undeclared or unpaid amount of such exchangeable dividend shall acc...      Subject to the terms of any preferred units outstanding, the general partner has sole authority to determine whether the partnership will make distributions and the amount and timing of these d...  
                                                                                                                                                                                                                                                                                                                                                                                                                                                   
                                   All exchangeable dividends shall be paid prior and in preference to any dividends or distributions on the class B shares. Share dividends, if any, paid on the exchangeable shares and class B sh...      The partnership has a distribution reinvestment plan for holders of its units who are resident in Canada, the United States and Australia. Unitholders who are not resident in Canada, the United...  
                                                                                                                                                                                                                                                                                                                                                                                                                                                   
                                   The shareholders shall not be entitled to any dividends from our company other than the exchangeable dividends.                                                                                                                                                                                                                                                                                                 
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Brookfield Infrastructure Corporation 235