Maximum Dividend Payout Ratio. The Dividend Payout Ratio is % [and immediately following the Transaction, will be %], which is equal to or less than the applicable maximum Dividend Payout Ratio required by Section 5.04(a)(vi) of the Credit Agreement.
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Samples: Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.)
Maximum Dividend Payout Ratio. The Dividend Payout Ratio is % [and immediately following the Transaction, will be _____ %], which is equal to or less than the applicable maximum Dividend Payout Ratio required by Section 5.04(a)(vi) of the Credit Agreement.
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Maximum Dividend Payout Ratio. The Dividend Payout Ratio is ___% [and immediately following the Transaction, will be ___%], which is equal to or less than the applicable maximum Dividend Payout Ratio required by Section 5.04(a)(vi5.04(a)(v) of the Credit Agreement.
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Samples: Security Agreement (Campus Crest Communities, Inc.)
Maximum Dividend Payout Ratio. The Dividend Payout Ratio is % [and immediately following the Transaction, will be 0.00%], which is equal to or less than the applicable maximum Dividend Payout Ratio required by Section 5.04(a)(vi5.04(a)(v) of the Credit Agreement.
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