Common use of Method of Payment of Dividends Clause in Contracts

Method of Payment of Dividends. (a) Subject to the limitations described below, any declared dividend (or any portion of any declared dividend) on the Mandatory Convertible Preferred Stock, whether or not for a current Dividend Period or any prior Dividend Period, including in connection with the payment of declared and unpaid dividends pursuant to Sections 5, 6 and 7, may be paid by the Corporation, as determined in good faith by the Corporation:

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Kansas City Power & Light Co)

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Method of Payment of Dividends. (a) Subject to the limitations described below, any declared dividend (or any portion of any declared dividend) on the Mandatory Convertible Series A-1 Preferred Stock, whether or not for a current Dividend Period or any prior Dividend Period, including in connection with the payment of declared and unpaid dividends pursuant to Sections 5, 6 and 7dividends, may be paid by the Corporation, as determined in good faith by the Corporation’s sole discretion:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Envision Healthcare Holdings, Inc.), Agreement and Plan of Merger (Amsurg Corp)

Method of Payment of Dividends. (ai) Subject to the limitations described below, any declared dividend (or any portion of any declared dividend) on the shares of Mandatory Convertible Preferred Stock, whether or not for a current Dividend Period or any prior Dividend Period, Period (including in connection with the payment of declared and unpaid dividends pursuant to Sections 5, 6 Section 7 and 7Section 9 hereof), may be paid by the Corporation, as determined in good faith by the Corporation’s sole discretion:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Crown Castle International Corp)

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Method of Payment of Dividends. (ai) Subject to the limitations described below, any declared dividend (or any portion of any declared dividend) on the Mandatory Convertible Preferred Stock, whether or not for a current Dividend Period or any prior Dividend Period, including in connection with the payment of declared and unpaid dividends pursuant to Sections 5, 6 and 7, may be paid by the Corporation, as determined in good faith by the Corporation’s sole discretion:

Appears in 1 contract

Samples: Deposit Agreement (Alcoa Inc)

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