Notice of Dividends. FIXING OF RECORD DATE FOR HOLDERS OF RECEIPTS. Whenever any cash dividend or other cash distribution shall become payable, any distribution other than cash shall be made, or any rights, preferences or privileges shall at any time be offered, with respect to the deposited Preferred Shares, or whenever the Depositary shall receive notice of (i) any meeting at which holders of such Preferred Shares are entitled to vote or of which holders of such Preferred Shares are entitled to notice or (ii) any election on the part of the Company to redeem any such Preferred Shares, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Preferred Shares) for the determination of the holders of Receipts who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, to give instructions for the exercise of voting rights at any such meeting or to receive notice of such meeting or whose Depositary Shares are to be so redeemed.
Appears in 5 contracts
Samples: Deposit Agreement (Duke Realty Investments Inc), Deposit Agreement (Felcor Suite Hotels Inc), Deposit Agreement (Duke Weeks Realty Corp)
Notice of Dividends. FIXING OF RECORD DATE FOR HOLDERS OF RECEIPTSFixing of Record Date for Holders of Receipts. Whenever (i) any cash dividend or other cash distribution shall become payable, or any distribution other than cash shall be made, or any rights, preferences or privileges shall at any time be offered, with respect to the deposited Preferred SharesStock, or whenever (ii) the Depositary shall receive notice of (i) any meeting at which holders of such Preferred Shares Stock are entitled to vote or of which holders of such Preferred Shares Stock are entitled to notice notice, or (ii) of any mandatory conversion of, or any election on the part of the Company to redeem call for the redemption or exchange of, any such Preferred Sharesshares of Stock, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Preferred SharesStock) for the determination of the holders of Receipts (x) who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or (y) who shall be entitled to give instructions for the exercise of voting rights at any such meeting or to receive notice of such meeting or whose Depositary Shares are to be so redeemedof such conversion, exchange or redemption.
Appears in 3 contracts
Samples: Deposit Agreement (Masco Corp /De/), Deposit Agreement (Masco Corp /De/), Deposit Agreement (Masco Corp /De/)
Notice of Dividends. FIXING OF RECORD DATE FOR HOLDERS OF RECEIPTS. Whenever any cash dividend or other cash distribution shall become payable, or any distribution other than cash shall be made, or any rights, preferences or privileges shall at any time be offered, with respect to the deposited Preferred SharesStock, or whenever the Depositary shall receive notice of (i) any meeting at which holders of such Preferred Shares Stock are entitled to vote or of which holders of such Preferred Shares Stock are entitled to notice or (ii) any election on the part of the Company to redeem call for redemption any such shares of Preferred SharesStock, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Preferred SharesStock) for the determination of the holders of Receipts (i) who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or to give instructions for the exercise of voting rights at any such meeting or to receive notice of such meeting or (ii) whose Depositary Shares are to be so redeemed.
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Samples: Deposit Agreement (Ferro Corp)