Dividend Payment. Seller shall pay to Buyer on the Business Day following the payment of any Extraordinary Cash Dividend (each, a "Dividend Payment Date") with respect to the Common Stock an amount in cash equal to the product (the "Dividend Payment Amount" with respect to such Dividend Payment Date) of (i) the per share amount of such dividend and (ii) the Base Amount on the ex-dividend date for such dividend.
Appears in 2 contracts
Samples: Mandatorily Exchangeable Securities Contract (Mafco Holdings Inc), Mandatorily Exchangeable Securities Contract (Mafco Holdings Inc)
Dividend Payment. Seller shall pay to Buyer (or an affiliate of Buyer designated by Buyer) on the Business Day following the payment of any Extraordinary Cash Dividend (each, a "Dividend Payment Date") with respect to the Common Stock an amount in cash equal to the product (the "Dividend Payment Amount" with respect to such Dividend Payment Date) of (i) the per share amount of such dividend and (ii) the Base Amount on the ex-ex- dividend date for such dividend.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Mafco Holdings Inc), Stock Purchase Agreement (Mafco Holdings Inc)
