Dividend Reinvestment Plans Clause Samples
Dividend Reinvestment Plans. Each of Firstbank and Mercantile shall take all requisite action to suspend its dividend reinvestment plan effective as of the date of this Plan of Merger and until the earlier of the Effective Time or the termination of this Plan of Merger pursuant to Section 7.1. Firstbank shall take all requisite action to terminate its dividend reinvestment plan effective as of the Effective Time.
Dividend Reinvestment Plans. For as long as the Exxaro Voting Interest (as defined below) is at least 7.5%, the Company may not adopt, approve or recommend to the Company’s shareholders a dividend reinvestment plan (or any plan with similar effect) without the Shareholder’s prior written approval.
Dividend Reinvestment Plans. Loaned securities are not eligible for participation in an issuer’s dividend reinvestment plan (each, a “DRIP”) and therefore must be formally excluded by the Client upon joining the Program, or recalled from a loan by the Manager by providing ten (10) Business Days’ prior written notice to NTC before the record date for an issuer distribution or dividend payment if the Client wishes to receive benefits under the DRIP.
Dividend Reinvestment Plans. The Dividend Reinvestment and Stock Purchase Plan of WeCo shall terminate as of the Effective Time, and Puget and WeCo shall send notices of termination to participants in the plan prior to the Effective Time.
Dividend Reinvestment Plans. The dividend reinvestment plan of Nevada Power shall terminate as of the Effective Time of the Second Merger and Nevada Power shall send notices of termination to participants therein prior to the Effective Time of the Second Merger. The Board of Directors of Sierra Pacific shall approve an amendment to the Sierra Pacific dividend reinvestment plan to provide for the automatic participation therein effective immediately after the Effective Time of the Second Merger by participants who participate in the Nevada Power dividend reinvestment plan immediately prior to Effective Time of the Second Merger.
Dividend Reinvestment Plans. 54 Section 7.12 No Solicitations ............................................. 55 Section 7.13 Sierra Pacific Board of Directors ............................ 56 Section 7.14 Officers ..................................................... 56 Section 7.15