DIVIDENDS, DISTRIBUTIONS. Declare or pay any dividend or distribution either in cash, stock or any other property on Borrower's stock now or hereafter outstanding, nor redeem, retire, repurchase or otherwise acquire any shares of any class of Borrower's stock now or hereafter outstanding.
DIVIDENDS, DISTRIBUTIONS. Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, no Subsidiary is currently prohibited, directly or indirectly, from paying any dividends or distributions to the Company to the extent permitted by applicable law, from making any other distribution on such Subsidiary’s issued and outstanding capital stock or other equity interests, from repaying to the Company any loans or advances to such Subsidiary from the Company or from transferring any of the property or assets of such Subsidiary to the Company.
DIVIDENDS, DISTRIBUTIONS. Declare or pay any dividend or distribution either in cash, stock or any other property on NAI's stock now or hereafter outstanding, nor redeem, retire, repurchase or otherwise acquire any shares of any class of NAI's stock now or hereafter outstanding.
DIVIDENDS, DISTRIBUTIONS. Subject to review and approval of the Fund’s Treasurer/Principal Financial Officer, Mellon will perform the following functions:
1. Provide the Fund’s transfer agent, dividend disbursing agent and custodian with such information as is required for such parties to effect the payment of dividends and distributions and to implement the Fund’s dividend reinvestment plan, if any.
2. Calculate income projections and provide such projections to the Fund for completion of the Section 19(a) notices and respond to any questions or issues raised by such projections.
3. Periodically calculate and report each Portfolio’s “investment company taxable income,” “net capital gain” distributions, and realized and unrealized capital gains, and calculate amount of distribution to avoid application of excise tax, in accordance with IRS Subchapter M requirements and the Portfolio’s distribution policies as disclosed in the Portfolio’s prospectus and established by resolution of the Fund’s board of directors/trustees.
DIVIDENDS, DISTRIBUTIONS. The Company shall pay to the Employee any dividends or other distributions payable with respect to the Restricted Stock, notwithstanding the Restrictions, beginning on the date hereof but not beyond the date of any forfeiture thereof pursuant to the provisions of paragraph 3.
DIVIDENDS, DISTRIBUTIONS. Declare or pay any dividend or distribution either in cash, stock or any other property on Borrower's stock now or hereafter outstanding, nor redeem, retire, repurchase or otherwise acquire any shares of any class of Borrower's stock now or hereafter outstanding, except Borrower is permitted to repurchase common stock up to a maximum amount of $200,000.00 in any fiscal year.
DIVIDENDS, DISTRIBUTIONS. No dividends or other distributions with respect to Bidder Common Stock with a record date after the Effective Time shall be paid to the holder of any unsurrendered Certificate with respect to the shares of Bidder Common Stock represented thereby, and no cash payment in lieu of fractional shares shall be paid to any such holder pursuant to Section 2.2(h), and all such dividends, other distributions and cash in lieu of fractional shares of Bidder Common Stock shall be paid by the Bidder to the Exchange Agent and shall be included in the Exchange Fund, in each case until the surrender of such Certificate in accordance with this Article II. Subject to the effect of applicable abandoned property, escheat or similar laws, following surrender of any such Certificate there shall be paid to the holder of a Bidder Certificate representing whole shares of Bidder Common Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the amount of dividends or other distributions with a record date after the Effective Time theretofore paid with respect to such whole shares of Bidder Common Stock and the amount of any cash payable in lieu of a fractional share of Bidder Common Stock to which such holder is entitled pursuant to Section 2.2(h), and (ii) at the appropriate payment date, the amount of dividends or other distributions with a record date after the Effective Time but prior to such surrender and with a payment date subsequent to such surrender payable with respect to such whole shares of Bidder Common Stock. The Bidder shall make available to the Exchange Agent cash for these purposes, if necessary.
DIVIDENDS, DISTRIBUTIONS. Any cash dividends or other distributions in cash received by the Trustee on Trust Shares shall be distributed by the Trustee to the Beneficiary in the same proportion as the number of Beneficiary Shares owned by such Beneficiary bears to the total number of Trust Shares held by the Trustee upon which the dividend or other distribution is made. Stock dividends or other distributions "in kind" shall be held by the Trustee as Trust Shares and shall thereafter be distributed to the Beneficiary as Beneficiary Shares in accordance with the Distribution Schedule.
DIVIDENDS, DISTRIBUTIONS and Other Corporate Actions 9 8.
DIVIDENDS, DISTRIBUTIONS. Except as disclosed in the Registration Statement, General Disclosure Package and Prospectus, or as would not reasonably be expected to result in a Material Adverse Effect, no Subsidiary or Joint Venture is currently prohibited, directly or indirectly, from paying any dividends or distributions to the Company to the extent permitted by applicable law, from making any other distribution on such Subsidiary’s or Joint Venture’s issued and outstanding capital stock or other equity interests, from repaying to the Company any loans or advances to such Subsidiary or Joint Venture from the Company or from transferring any of the property or assets of such Subsidiary or Joint Venture to the Company.
