Common use of Dividends; Dividend Reinvestment Plan Clause in Contracts

Dividends; Dividend Reinvestment Plan. As described more fully in the Memorandum, the Company generally intends to distribute on a quarterly basis, out of assets legally available for distribution, substantially all of its available earnings in such amount so the Company will not have to pay corporate-level income tax, subject to the discretion of the Board. The Company has adopted a dividend reinvestment plan (as in effect from time to time, the “Dividend Reinvestment Plan”), pursuant to which, the Company shall reinvest all cash distributions declared by the Board on behalf of any Stockholder, other than any Stockholder that has affirmatively elected to opt out of the Dividend Reinvestment Plan, in exchange for such Stockholder receiving a number of newly issued Shares equal to the quotient determined by dividing the amount of cash otherwise to be distributed to such Stockholder in connection with such distribution by the NAV per Share as of the valuation date fixed by the Board for such distribution. The Subscriber may opt out of the Dividend Reinvestment Plan in the Investor Questionnaire, in which case the Subscriber will receive cash distributions. An election to opt-out or to opt-in to the Dividend Reinvestment Plan may be altered, subject to approval by the Company, by notifying the Company in writing at 200 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Investor Relations. A change in election must be received by the Company at least ten calendar days prior to any distribution date; otherwise, such election shall be effective only with respect to any subsequent distributions. The Subscriber acknowledges and agrees that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf pursuant to the Dividend Reinvestment Plan shall have no effect on the amount of the Subscriber’s Undrawn Capital Commitment.

Dividends; Dividend Reinvestment Plan. As described more fully in the Memorandum, the each Company generally intends to distribute on a quarterly basis, out of assets legally available for distribution, substantially all of its available earnings in such amount so the Company will shall not have to pay corporate-level income tax, subject to the discretion of the Board. The Each Company has adopted a dividend reinvestment plan (as in effect may be amended from time to time, the “Dividend Reinvestment Plan”), pursuant to which, prior to a Liquidity Event, the Company shall reinvest all cash distributions declared by the Board on behalf of any StockholderShareholder, other than any Stockholder Shareholder that has affirmatively elected to opt out of the Dividend Reinvestment Plan, in exchange for such Stockholder Shareholder receiving a number of newly issued Shares equal to the quotient determined by dividing the amount of cash otherwise to be distributed to such Stockholder Shareholder in connection with such distribution by the NAV per Share as of the valuation date fixed by the Board for such distribution. The Subscriber may opt out of the Dividend Reinvestment Plan in the Investor Questionnaire, in which case the Subscriber will receive cash distributions. An election to opt-out or to opt-in to the Dividend Reinvestment Plan may be altered, subject to approval by the Company, altered by notifying SS&C Technologies (“SS&C”), the Company Dividend Reinvestment Plan Administrator, in writing at 200 Xxxx 400 X 0xx Xxxxxx, 00xx Xxxxx, Xxx Xxxxx 000000 Xxxxxx Xxxx, XX 00000, Attention: Investor Relations-0000. A change in election must be received by the Company SS&C at least ten (10) calendar days prior to any distribution date; otherwise, such election shall be effective only with respect to any subsequent distributions. The Subscriber acknowledges and agrees that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf pursuant to the Dividend Reinvestment Plan shall have no effect on the amount of the Subscriber’s Undrawn Capital Commitment.

Dividends; Dividend Reinvestment Plan. As described more fully in the Memorandum, the Company generally intends to distribute on a quarterly basis, out of assets legally available for distribution, substantially all of its available earnings in such amount so the Company will not have to pay corporate-level income tax, subject to the discretion of the Board. The Company has adopted a dividend reinvestment plan plan, as may be amended (as in effect from time to time, the “Dividend Reinvestment Plan”), pursuant to which, which the Company shall reinvest all cash distributions declared by the Board on behalf of any Stockholder, other than any Stockholder that has affirmatively elected to opt out of the Dividend Reinvestment Plan, in exchange for such Stockholder receiving a number of newly issued Shares equal to the quotient determined by dividing the total dollar amount of cash otherwise to be distributed the distribution payable to such Stockholder in connection with such distribution by the NAV per Share as of the valuation last day of the fiscal quarter immediately preceding the date fixed by the Board for such distributiondistribution was declared. The Subscriber may opt out of the Dividend Reinvestment Plan in the Investor Questionnaire, in which case the Subscriber will receive cash distributions. An election to opt-out or to opt-in to the Dividend Reinvestment Plan may be altered, subject to approval by altered in accordance with the Company, by notifying the Company in writing at 200 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Investor Relations. A change in election must be received by the Company at least ten calendar days prior to any distribution date; otherwise, such election shall be effective only with respect to any subsequent distributions’s Dividend Reinvestment Plan. The Subscriber acknowledges and agrees that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf pursuant to the Dividend Reinvestment Plan shall have no effect on the amount of the Subscriber’s Undrawn Capital Commitment.

Dividends; Dividend Reinvestment Plan. As described more fully in the Memorandum, the Company generally intends to distribute on a quarterly basis, out of assets legally available for distribution, substantially all of its available earnings in such amount so the Company will not have to pay corporate-level income tax, subject to the discretion of the Board. The Company has adopted a dividend reinvestment plan (as in effect from time to time, the “Dividend Reinvestment Plan”), pursuant to which, which the Company shall reinvest all cash distributions declared by the Board on behalf of any Stockholder, other than any Stockholder that has affirmatively elected to opt out of the Dividend Reinvestment Plan, in exchange for such Stockholder receiving a number of newly issued Shares equal to the quotient determined by dividing the amount of cash otherwise to be distributed to such Stockholder in connection with such distribution by the NAV per Share as of the valuation date fixed by the Board for such distribution. The Subscriber may opt out of the Dividend Reinvestment Plan in the Investor Questionnaire, in which case the Subscriber will receive cash distributions. An election to opt-out or to opt-in to the Dividend Reinvestment Plan may be altered, subject to approval by the Company, by notifying the Company in writing at 200 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Investor Relations. A change in election must be received by the Company at least ten calendar days prior to any distribution date; otherwise, such election shall be effective only with respect to any subsequent distributions. The Subscriber acknowledges and agrees that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf pursuant to the Dividend Reinvestment Plan shall have no effect on the amount of the Subscriber’s Undrawn Capital Commitment.

Dividends; Dividend Reinvestment Plan. As described more fully in the Memorandum, the Company generally intends to distribute on a quarterly basis, out of assets legally available for distribution, substantially all of its available earnings in such amount so the Company will not have to pay corporate-level income tax, subject to the discretion of the Board. The Company has adopted a dividend reinvestment plan (as in effect from time to time, the “Dividend Reinvestment Plan”), pursuant to which, which the Company shall reinvest all cash distributions declared by the Board on behalf of any Stockholder, other than any Stockholder that has affirmatively elected to opt out of the Dividend Reinvestment Plan, in exchange for such Stockholder receiving a number of newly issued Shares equal to the quotient determined by dividing the amount of cash otherwise to be distributed to such Stockholder in connection with such distribution by the NAV per Share as of the valuation date fixed by the Board for such distribution. The Subscriber may opt out of the Dividend Reinvestment Plan in the Investor Questionnaire, in which case the Subscriber will receive cash distributions. An election to opt-out or to opt-in to the Dividend Reinvestment Plan may be altered, subject to approval by the Company, by notifying the Company in writing at 200 000 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Investor Relations. A change in election must be received by the Company at least ten calendar days prior to any distribution date; otherwise, such election shall be effective only with respect to any subsequent distributions. The Subscriber acknowledges and agrees that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf pursuant to the Dividend Reinvestment Plan shall have no effect on the amount of the Subscriber’s Undrawn Capital Commitment.

Dividends; Dividend Reinvestment Plan. As described more fully in the Memorandum, the Company generally intends to distribute on a quarterly basis, out of assets legally available for distribution, substantially all of its available earnings in such amount so the Company will not have to pay corporate-level income tax, subject to the discretion of the Board. The Company has adopted a dividend reinvestment plan plan, as may be amended (as in effect from time to time, the “Dividend Reinvestment Plan”), pursuant to which, prior to an IPO or listing, the Company shall reinvest all cash distributions declared by the Board on behalf of any Stockholder, other than any Stockholder that has affirmatively elected to opt out of the Dividend Reinvestment Plan, in exchange for such Stockholder receiving a number of newly issued Shares equal to the quotient determined by dividing the amount of cash otherwise to be distributed to such Stockholder in connection with such distribution by the NAV per Share as of the valuation date fixed by the Board for such distribution. The Subscriber may opt out of the Dividend Reinvestment Plan in the Investor Questionnaire, in which case the Subscriber will receive cash distributions. An election to opt-out or to opt-in to the Dividend Reinvestment Plan may be altered, subject to approval by the Company, by notifying the Company in writing at 200 Xxxx 600 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Investor Relations. A change in election must be received by the Company at least ten calendar days prior to any distribution date; otherwise, such election shall be effective only with respect to any subsequent distributions. The Subscriber acknowledges and agrees that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf pursuant to the Dividend Reinvestment Plan shall have no effect on the amount of the Subscriber’s Undrawn Capital Commitment.

Dividends; Dividend Reinvestment Plan. As described more fully in the Memorandum, the Company generally intends to distribute on a quarterly basis, out of assets legally available for distribution, substantially all of its available earnings in such amount so the Company will not have to pay corporate-level income tax, subject to the discretion of the Board. The Company has adopted a dividend reinvestment plan plan, as may be amended (as in effect from time to time, the “Dividend Reinvestment Plan”), pursuant to which, prior to an IPO or listing, the Company shall reinvest all cash distributions declared by the Board on behalf of any Stockholder, other than any Stockholder that has affirmatively elected to opt out of the Dividend Reinvestment Plan, in exchange for such Stockholder receiving a number of newly issued Shares equal to the quotient determined by dividing the amount of cash otherwise to be distributed to such Stockholder in connection with such distribution by the NAV per Share as of the valuation date fixed by the Board for such distribution. The Subscriber may opt out of the Dividend Reinvestment Plan in the Investor Questionnaire, in which case the Subscriber will receive cash distributions. An election to opt-out or to opt-in to the Dividend Reinvestment Plan may be altered, subject to approval by the Company, by notifying the Company in writing at 200 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Investor Relations. A change in election must be received by the Company at least ten calendar days prior to any distribution date; otherwise, such election shall be effective only with respect to any subsequent distributions. The Subscriber acknowledges and agrees that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf pursuant to the Dividend Reinvestment Plan shall have no effect on the amount of the Subscriber’s Undrawn Capital Commitment.

Dividends; Dividend Reinvestment Plan. As described more fully in the Company Memorandum, the Company generally intends to distribute on a quarterly basis, out of assets legally available for distribution, substantially all of its available earnings in such amount so the Company will not have to pay corporate-level income tax, subject to the discretion of the Board. The Company has adopted a dividend reinvestment plan plan, as may be amended (as in effect from time to time, the “Dividend Reinvestment Plan”), pursuant to which, prior to an IPO or listing, the Company shall reinvest all cash distributions declared by the Board on behalf of any Stockholder, other than any Stockholder that has affirmatively elected to opt out of the Dividend Reinvestment Plan, in exchange for such Stockholder receiving a number of newly issued Shares equal to the quotient determined by dividing the amount of cash otherwise to be distributed to such Stockholder in connection with such distribution by the NAV per Share as of the valuation date fixed by the Board for such distribution. The Subscriber may opt out of the Dividend Reinvestment Plan in the Investor Questionnaire, in which case the Subscriber will receive cash distributions. An election to opt-out or to opt-in to the Dividend Reinvestment Plan may be altered, subject to approval by the Company, by notifying the Company in writing at 200 Xxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Investor Relationswriting. A change in election must be received by the Company at least ten calendar days prior to any distribution date; otherwise, such election shall be effective only with respect to any subsequent distributions. The Subscriber acknowledges and agrees that any distributions received by the Subscriber or reinvested by the Company on the Subscriber’s behalf pursuant to the Dividend Reinvestment Plan shall have no effect on the amount of the Subscriber’s Undrawn Capital Commitment.