Dividends and Income Sample Clauses

Dividends and Income. 16.1 The Custodian will collect income (including dividends and distributions of any kind) and principal (including the proceeds of any disposal) in respect of any Investments, and unless instructed otherwise, will hold your funds in trust for your benefit in the name of FNZ Custodians Limited, a sub-custodian appointed by the Custodian.
Sample 1Sample 2See All (5)
AutoNDA by SimpleDocs
Dividends and Income. Dividends (whether in cash or in property) and other income received by the Custodian in respect of Company Stock will be reinvested in Company Stock and will constitute income and be recognized on an accrual basis for the Accounting Period in which occurs the record date with respect to such dividend; provided that, with respect to any dividend which is reflected in the market price of the underlying stock, the Administrator will direct the Custodian during such trading period to trade such stock the regular way to reflect the value of the dividend, and all transfers and cash distributions will be transacted accordingly with no accrual of such dividend, other than as reflected in such market price.
Sample 1Sample 2Sample 3See All (4)
Dividends and Income. 7.1 Where accounts are held in New Zealand and Australia and instructions are given, we will arrange for income (including dividends, interest and other distributions of any kind) and principal repayments to be direct credited by the company registrar to your nominated account. Otherwise SSP will collect income (including dividends and distribution of any kind) and principal (including the proceeds of any disposal) in respect of any Custody Investments, and unless instructed otherwise, shall treat all monies received by it in accordance with NZX Rules governing the segregation of client money.
Sample 1Sample 2Sample 3See All (4)
Dividends and Income. 3A.1.1 The company shall, in priority to any payment of dividend to the holders of all other shares in the capital of the company, pay to the holders of the Convertible Preference Shares out of the profits available for distribution in respect of each financial year of the company to 31 March 2004 a fixed cumulative preferential dividend ("CONVERTIBLE PREFERENCE DIVIDEND") at the rate of 4 per cent. per annum on the nominal amount of each Convertible Preference Share together with any premium from time to time paid up thereon together with a certificate for any related tax credit.
Sample 1
Dividends and Income. All cash dividends, stock dividends, stock splits received by the Trustee with respect to Benchmark Electronics, Inc. Common Stock previously credited to a Participant's Account shall be credited to that Account upon receipt by the Trustee. All cash dividends will be used to purchase shares of Benchmark Electronics, Inc. Common Stock.
Sample 1
Dividends and Income. All cash dividends, stock dividends, and stock splits received by the Trustee with respect to Horizon Health Corporation Common Stock shall be credited to Participant accounts in accordance with Section 9.11 of the Plan. All cash dividends will be used to purchase shares of Horizon Health Corporation Common Stock.
Sample 1

Related to Dividends and Income

  • Dividends and Distributions (A) Subject to the rights of the holders of any shares of any series of Preferred Stock (or any similar stock) ranking prior and superior to the Series A Preferred Stock with respect to dividends, the holders of shares of Series A Preferred Stock, in preference to the holders of Common Stock, par value $.01 per share (the "Common Stock"), of the Corporation, and of any other junior stock, shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, quarterly dividends payable in cash on the first day of March, June, September and December in each year (each such date being referred to herein as a "Quarterly Dividend Payment Date"), commencing on the first Quarterly Dividend Payment Date after the first issuance of a share or fraction of a share of Series A Preferred Stock, in an amount per share (rounded to the nearest cent) equal to the greater of (a) $1 or (b) subject to the provision for adjustment hereinafter set forth, 100 times the aggregate per share amount of all cash dividends, and 100 times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions, other than a dividend payable in shares of Common Stock or a subdivision of the outstanding shares of Common Stock (by reclassification or otherwise), declared on the Common Stock since the immediately preceding Quarterly Dividend Payment Date or, with respect to the first Quarterly Dividend Payment Date, since the first issuance of any share or fraction of a share of Series A Preferred Stock. In the event the Corporation shall at any time declare or pay any dividend on the Common Stock payable in shares of Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock (by reclassification or otherwise than by payment of a dividend in shares of Common Stock) into a greater or lesser number of shares of Common Stock, then in each such case the amount to which holders of shares of Series A Preferred Stock were entitled immediately prior to such event under clause (b) of the preceding sentence shall be adjusted by multiplying such amount by a fraction, the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

Time is Money Join Law Insider Premium to draft better contracts faster.