Common use of Dividends and Other Cash Distributions Clause in Contracts

Dividends and Other Cash Distributions. Whenever the Depositary shall receive any cash dividend or other cash distribution on the Series B Preferred Stock, the Depositary shall, subject to Section 3.1 and Section 3.2, distribute to Record Holders of Receipts on the record date fixed pursuant to Section 4.4 such amounts of such dividend or distribution as are, as nearly as practicable, in proportion to the respective numbers of Depositary Shares evidenced by the Receipts held by such Record Holders; provided, however, that in case the Corporation or the Depositary shall be required to withhold and shall withhold from any cash dividend or other cash distribution in respect of the Series B Preferred Stock an amount on account of taxes or other governmental charges, the amount made available for distribution or distributed in respect of Depositary Shares shall be reduced accordingly. In the event that the calculation of any such cash dividend or other cash distribution to be paid to any Record Holder on the aggregate number of Depositary Shares held by such Record Holder results in an amount that is a fraction of a cent and that fraction of a cent is equal to or greater than $0.005, the amount the Depositary shall distribute to such Record Holder shall be rounded up to the next highest whole cent; otherwise, such fractional amount shall be disregarded by the Depositary; provided, however, upon the Depositary’s request, the Corporation shall pay the otherwise disregarded amount to the Depositary for distribution. Each Record Holder of a Receipt shall provide the Depositary with its certified tax identification number on a properly completed Form W-8 or W-9, as may be applicable. Each Record Holder of a Receipt acknowledges that, in the event of non-compliance with the preceding sentence, the Internal Revenue Code of 1986, as amended, may require withholding by the Depositary of a portion of any of the distributions to be made to such Record Holder hereunder.

Dividends and Other Cash Distributions. Whenever the Depositary Computershare shall receive any cash dividend or other cash distribution distributions on the Series B deposited Preferred StockShares, the Depositary Computershare shall, subject to Section 3.1 Sections 3.01 and Section 3.23.02 hereof, distribute to Record Holders holders of Receipts on the record date fixed pursuant to Section 4.4 Record Date such amounts of such dividend or distribution proceeds as are, as nearly as practicable, in proportion to the respective numbers of Depositary Shares evidenced by the Receipts held by such Record Holdersholders; provided, however, that that, in case the Corporation Company or the Depositary Computershare shall be required by law to withhold and shall withhold from any cash dividend or other cash distribution in respect of the Series B Preferred Stock Shares an amount on account of taxes or other governmental chargesas otherwise required by law, regulation or court process, the amount made available for distribution or distributed in respect of Depositary Shares shall be reduced accordingly. In the event that the calculation of any such cash dividend or other cash distribution to be paid to any Record Holder holder on the aggregate number of Depositary Shares held by such Record Holder holder results in an amount that is a fraction of a cent and that fraction of a cent is equal to or greater than $0.005, the amount the Depositary Computershare shall distribute to such Record Holder holder shall be rounded up to the next highest whole cent; otherwise, such fractional amount shall be disregarded by the DepositaryComputershare; provided, however, upon the DepositaryComputershare’s request, the Corporation Company shall pay the otherwise disregarded additional amount to the Depositary Computershare for distribution. Each Record Holder holder of a Receipt shall provide the Depositary to Computershare with its certified tax identification number on a properly completed Form W-8 or W-9, as may be applicable. Each Record Holder holder of a Receipt acknowledges that, in the event of non-compliance with the preceding sentence, the Internal Revenue Code of 1986, as amended, may require withholding by the Depositary Computershare of a portion of any of the distributions to be made hereunder. All funds received by Computershare under this Deposit Agreement that are to be distributed or applied by Computershare in the performance of Services (the “Funds”) shall be held by Computershare as agent for the Company and deposited in one or more bank accounts to be maintained by Computershare in its name as agent for the Company. Until paid pursuant to this Deposit Agreement, Computershare may hold or invest the Funds through such Record Holder hereunderaccounts in: (i) obligations of, or guaranteed by, the United States of America, (ii) commercial paper obligations rated A-1 or P-1 or better by Standard & Poor’s Corporation (“S&P”) or Xxxxx’x Investors Service, Inc. (“Moody’s”), respectively, (iii) money market funds that comply with Rule 2a-7 of the Investment Company Act of 1940, or (iv) demand deposit accounts, short term certificates of deposit, bank repurchase agreements or bankers’ acceptances, of commercial banks with Tier 1 capital exceeding $1 billion or with an average rating above investment grade by S&P (LT Local Issuer Credit Rating), Moody’s (Long Term Rating) and Fitch Ratings, Inc. (LT Issuer Default Rating) (each as reported by Bloomberg Finance L.P.). Computershare shall have no responsibility or liability for any diminution of the Funds that may result from any deposit or investment made by Computershare in accordance with this paragraph, including any losses resulting from a default by any bank, financial institution or other third party. Computershare may from time to time receive interest, dividends or other earnings in connection with such deposits or investments. Computershare shall not be obligated to pay such interest, dividends or earnings to the Company, any holder or any other party.

Dividends and Other Cash Distributions. Whenever the Depositary Computershare shall receive any cash dividend or other cash distribution distributions on the Series B deposited Preferred Stock, the Depositary including any cash received upon redemption of any shares of Preferred Stock pursuant to Section 2.03, Computershare shall, subject to Section 3.1 and Section 3.23.02, distribute to Record Holders record holders of Receipts on the record date fixed pursuant to Section 4.4 4.04 such amounts of such dividend or distribution sum as are, as nearly as practicable, in proportion to the respective numbers of Depositary Shares evidenced by the Receipts held by such Record Holdersholders; provided, however, that that, in case the Corporation Company or the Depositary Computershare shall be required by law to withhold and shall withhold from any cash dividend or other cash distribution in respect of the Series B Preferred Stock an amount on account of taxes or other governmental chargesas otherwise required by law, regulation or court process, the amount made available for distribution or distributed in respect of Depositary Shares shall be reduced accordingly. In Computershare shall distribute or make available for distribution, as the event that the calculation of any case may be, only such cash dividend or other cash distribution to amount, however, as can be paid distributed without attributing to any Record Holder on the aggregate number holder of Depositary Shares held by such Record Holder results in an amount that is Receipts a fraction of one cent, and any balance not so distributable shall be held by Computershare (without liability for interest thereon) and shall be added to and be treated as part of the next sum received by Computershare for distribution to record holders of Receipts then outstanding. Prior to any such distribution, to the extent the Depositary does not have the requisite tax form from a cent and that fraction of a cent is equal to or greater than $0.005holder, the amount the Depositary shall distribute may require such holder to such Record Holder shall be rounded up to the next highest whole cent; otherwise, such fractional amount shall be disregarded by the Depositary; provided, however, upon the Depositary’s request, the Corporation shall pay the otherwise disregarded amount to the Depositary for distribution. Each Record Holder of a Receipt shall provide the Depositary with its certified tax identification number on a properly completed Form W-8 (i.e., Form W-8BEN, Form W-8EXP, Form W-8IMY, Form W8ECI or W-9another applicable Form W-8) or Form W-9 (which form shall set forth such holder’s certified taxpayer identification number if requested on such form), as may be applicable. Each Record Holder holder of a Receipt acknowledges that, in the event of non-compliance with the preceding sentence, the Internal Revenue Code of 1986, as amendedamended (or any successor provision), may require withholding by the Depositary of a portion of any of the distributions distribution to be made to such Record Holder hereunder.

Dividends and Other Cash Distributions. Whenever the Depositary shall receive any cash dividend or other cash distribution distributions on the Series B deposited Preferred StockShares, including any cash received upon redemption of any Preferred Shares pursuant to Section 2.05 hereof, the Depositary shall, subject to Sections 3.01 and 3.02 hereof, and, in case of a redemption, subject to Section 3.1 and Section 3.22.05 hereof, distribute to Record Holders holders of Receipts on the record date fixed pursuant to Section 4.4 Record Date such amounts of such dividend dividend, distribution or distribution redemption proceeds as are, as nearly as practicable, in proportion to the respective numbers of Depositary Shares evidenced by the Receipts held by such Record Holdersholders; provided, however, that that, in case the Corporation Company or the Depositary shall be required by law to withhold and shall withhold from any cash dividend or other cash distribution in respect of the Series B Preferred Stock Shares an amount on account of taxes or other governmental chargesas otherwise required by law, regulation or court process, the amount made available for distribution or distributed in respect of Depositary Shares shall be reduced accordingly. In the event that the calculation of any such cash dividend or other cash distribution to be paid to any Record Holder holder on the aggregate number of Depositary Shares held by such Record Holder holder results in an amount that is a fraction of a cent and that fraction of a cent is equal to or greater than $0.005, the amount the Depositary shall distribute to such Record Holder holder shall be rounded up to the next highest whole cent; otherwise, such fractional amount shall be disregarded by the Depositary; provided, however, upon the Depositary’s request, the Corporation Company shall pay the otherwise disregarded additional amount to the Depositary for distribution. Each Record Holder holder of a Receipt shall provide the Depositary with its certified tax identification number on a properly completed Form W-8 W-8BEN, W-8IMY (with appropriate supporting documentation), W-8ECI or W-9, as may be applicable. Each Record Holder of a Receipt holder acknowledges that, in the event of non-compliance with the preceding sentence, the Internal Revenue Code of 1986, as amended, may require withholding by the Depositary of a portion of any of the distributions to be made to such Record Holder hereunder.

Dividends and Other Cash Distributions. Whenever the Depositary Computershare shall receive any cash dividend or other cash distribution on the Series B A Preferred Stock, the Depositary Computershare shall, subject to Section 3.1 and Section 3.2, distribute to Record Holders of Receipts on the record date fixed pursuant to Section 4.4 such amounts of such dividend or distribution as are, as nearly as practicable, in proportion to the respective numbers of Depositary Shares evidenced by the Receipts held by such Record Holders; provided, however, that in case the Corporation or the Depositary Computershare shall be required to withhold and shall withhold from any cash dividend or other cash distribution in respect of the Series B A Preferred Stock an amount on account of taxes or other governmental charges, the amount made available for distribution or distributed in respect of Depositary Shares shall be reduced accordingly. In the event that the calculation of any such cash dividend or other cash distribution to be paid to any Record Holder on the aggregate number of Depositary Shares held by such Record Holder results in an amount that is a fraction of a cent and that fraction of a cent is equal to or greater than $0.005, the amount the Depositary shall distribute to such Record Holder shall be rounded up to the next highest ​ whole cent; otherwise, such fractional amount shall be disregarded by the Depositary; provided, however, upon the Depositary’s request, the Corporation shall pay the otherwise disregarded amount to the Depositary for distribution. Each Record Holder of a Receipt shall provide the Depositary with its certified tax identification number on a properly completed Form W-8 or W-9, as may be applicable. Each Record Holder of a Receipt acknowledges that, in the event of non-compliance with the preceding sentence, the Internal Revenue Code of 1986, as amended, may require withholding by the Depositary Computershare of a portion of any of the distributions to be made to such Record Holder hereunder.

Dividends and Other Cash Distributions. Whenever the Depositary Depository shall receive any cash dividend or other cash distribution distributions on the Series B deposited Preferred Stock, including any cash received upon redemption of any shares of Preferred Stock pursuant to Section 2.04, the Depositary Depository shall, subject to Sections 3.01 and 3.02, and, in case of a redemption, subject to Section 3.1 and Section 3.22.04, distribute to Record Holders holders of Receipts on the record date fixed pursuant Record Date to Section 4.4 such amounts of such dividend or distribution sum as are, as nearly as practicable, in proportion to the respective numbers of Depositary Shares evidenced by the Receipts held by such Record Holdersholders; provided, however, that that, in case the Corporation Company or the Depositary Depository shall be required by law to withhold and shall withhold from any cash dividend or other cash distribution in respect of the Series B Preferred Stock an amount on account of taxes or other governmental chargesas otherwise required by law, regulation or court process, the amount made available for distribution or distributed in respect of Depositary Shares shall be reduced accordingly. In the event that the calculation of any such cash dividend or other cash distribution to be paid to any Record Holder holder on the aggregate number of Depositary Shares held by such Record Holder holder results in an amount that is a fraction of a cent and that fraction of a cent is equal to or greater than $0.005, the amount the Depositary Depository shall distribute to such Record Holder holder shall be rounded up to the next highest whole cent; otherwise, such fractional amount shall be disregarded by the DepositaryDepository; provided, however, upon the DepositaryDepository’s request, the Corporation Company shall pay the otherwise disregarded additional amount to the Depositary Depository for distribution. Each Record Holder holder of a Receipt shall provide the Depositary Depository with its certified tax identification number on a properly completed Form W-8 or W-9, as may be applicable. Each Record Holder of a Receipt holder acknowledges that, in the event of non-compliance with the preceding sentence, the Internal Revenue Code of 1986, as amended, may require withholding by the Depositary Depository of a portion of any of the distributions to be made to such Record Holder hereunder.