Payment of Dividends and other Distributions. On the declaration of any dividend or other distribution on the shares of beneficial interest of any Portfolio ("Portfolio Shares") by the Board of Trustees of Fund, Fund shall deliver to Custodian instructions with respect thereto, including a copy of the Resolution of said Board of Trustees certified by the Secretary or an Assistant Secretary of Fund wherein there shall be set forth the record date as of which shareholders are entitled to receive such dividend or distribution, and the amount payable per share on such dividend or distribution. On the date specified in such Resolution for the payment of such dividend or other distribution, Custodian shall pay out of the monies held for the account of Fund, insofar as the same shall be available for such purposes, and credit to the account of the Dividend Disbursing Agent for Fund, such amount as may be necessary to pay the amount per share payable in cash on Portfolio Shares issued and outstanding on the record date established by such Resolution.
Payment of Dividends and other Distributions. On the declaration of any dividend or other distribution on the shares of Capital Stock of Fund ("Fund Shares") by the Board of Directors of Fund, Fund shall deliver to Custodian instructions with respect thereto, including a copy of the Resolution of said Board of Directors certified by the Secretary or Assistant Secretary of Fund wherein there shall be set forth the record date as of which shareholders entitled to receive such dividend or other distribution shall be determined, the date of payment of such dividend or distribution, and the amount payable per share on such dividend or distribution. Except if the ex-dividend date and the reinvestment date of any dividend are the same, in which case funds shall remain in the Custody Account, on the date specified in such Resolution for the payment of such dividend or other distribution, Custodian will pay out of the monies held for the account of Fund, insofar as the same shall be available for such purposes, and credit to the account of the Dividend Disbursing Agent for Fund, such amount as may be necessary to pay the amount per share payable in cash on Fund Shares issued and outstanding on the record date established by such Resolution.
Payment of Dividends and other Distributions. On the declaration of any dividend or other distribution on the shares of Capital Stock of any Portfolio ("Portfolio Shares") by the Board of Directors of Fund, Fund shall deliver to Custodian instructions with respect thereto, including a copy of the Resolution of said Board of Directors certified by the Secretary or an Assistant Secretary of Fund wherein there shall be set forth the record date as of which shareholders entitled to receive such dividend or other distribution shall be determined, the date of payment of such dividend or distribution, and the amount payable per share on such dividend or distribution. Except if the ex-dividend date and the reinvestment date of any dividend are the same, in which case funds shall remain in the Custody Account, on the date specified in such Resolution for the payment of such dividend or other distribution, Custodian will pay out of the monies held for the account of the applicable Portfolio of the Fund, insofar as the same shall be available for such purposes, and wire to the account of the Dividend Disbursing Agent for Fund, such amount as may be necessary to pay the amount per share payable in cash on Portfolio Shares issued and outstanding on the record date established by such Resolution.
Payment of Dividends and other Distributions. On the declaration of any dividend or other distribution on the shares of capital stock of Fund ("Fund Shares") by the Board of Directors of Fund, Fund shall deliver to Custodian instructions with respect thereto. On the date specified in such instructions for the payment of such dividend or other distribution, Custodian will pay out of the monies held for the account of Fund, insofar as the same shall be available for such purposes, and credit to the account of the Dividend Disbursing Agent for Fund, such amount as may be necessary to pay the amount per share payable in cash on Fund Shares issued and outstanding on the record date established by such resolution.
Payment of Dividends and other Distributions. On the declaration of any dividend or other distribution on the shares of the Fund ("Fund Shares") by the governing Board of the Fund, Fund shall deliver to Custodian instructions with respect thereto. On the date specified in such instructions for the payment of such dividend or other distribution, Custodian will pay out of the monies held for the account of Fund, insofar as the same shall be available for such purposes, and credit to the account of the Dividend Disbursing Agent for Fund, such amount as may be specified in such instructions.
Payment of Dividends and other Distributions. 4.1 At all times before the Vesting Date while Shares remain jointly held pursuant to this Deed, all distributions, dividends and other capital or income derived from the JSOP Shares, including on any liquidation or winding up of the Company, shall be paid to and shall belong to the Trustee who will be entitled to receive and retain such sums absolutely for its own benefit (notwithstanding any relevant beneficial interest in the JSOP Shares that the Participant may hold at the time and, for the avoidance of doubt, the Trustee may agree with the Company to waive any such dividends).
4.2 At all times on or after the Vesting Date while JSOP Shares remain jointly held pursuant to this Deed:
(a) subject to the Share Price Condition having been met on the relevant record date in respect of the Vested JSOP Shares (rounding down to the nearest whole number of JSOP Shares), all distributions, dividends and other capital or income derived from the JSOP Shares, including on any liquidation or winding up of the Company, shall be paid to the Trustee who will hold such sums for and on behalf of and upon bare trust for the Trustee and the Participant in the same proportions as the JSOP Shares are held on the relevant record date (being the Relevant Date) in accordance with clause 3.2; and
(b) in respect of the remaining Unvested JSOP Shares (or all JSOP Shares where the Share Price Condition has not been met), all distributions, dividends and other capital or income derived from the JSOP Shares, including on any liquidation or winding up of the Company, shall be paid to and shall belong to the Trustee who will be entitled to receive and retain such sums absolutely for its own benefit (notwithstanding any relevant beneficial interest in those JSOP Shares that the Participant may hold at the time and, for the avoidance of doubt, the Trustee may agree with the Company to waive any such dividends).
Payment of Dividends and other Distributions. On or before the declaration of any dividend or other distribution on the shares of any class of Capital Stock of Fund ("Shares") by the Board of Directors of Fund, Fund shall deliver to Custodian instructions with respect thereto, including a copy of the Resolution of said Board of Directors certified by the Secretary or an Assistant Secretary of Fund wherein there shall be set forth the record date as of which shareholders entitled to receive such dividend or other distribution shall be determined, the date of payment of such dividend or distribution, and the amount payable per share on such dividend or distribution. For purposes of the foregoing, it shall be sufficient for the Fund to furnish a copy of the Resolution of the Board of Directors specifying procedures by which the record date, payment date and amount of dividend or other distribution shall be determined, and authorizing officers of the Fund to act in accordance with such procedures. Except if the ex-dividend date and the reinvestment date of any dividend are the came, in which case funds shall remain in the Custody Account, on the date specified in such Resolution for the payment of such dividend or other distribution, Custodian will pay out of the monies held for the account of the Fund, insofar as the same shall be available for such purposes, and credit to the account of the Dividend Disbursing Agent for Fund, such amount as may be necessary to pay the amount per share payable in cash on the Shares issued and outstanding on the record date established by such Resolution.
Payment of Dividends and other Distributions. Upon receipt of instructions, Custodian will pay to Trust's transfer agent, as agent for the shareholders, an amount equal to the amount of dividends and distributions stated in the instructions to be distributed in cash by the transfer agent to shareholders, or, in lieu of paying Trust's transfer agent, Custodian may arrange for the direct payment of cash dividends and distributions to shareholders in accordance with procedures mutually agreed upon from time to time by and among Trust, Custodian and Trust's transfer agent.
Payment of Dividends and other Distributions. On the declaration of any dividend or other distribution on the shares of Capital Stock of Fund ("Fund Shares") by the Board of Directors of Fund, Fund shall deliver to Custodian instructions with respect thereto wherein there shall be set forth the record date as of which shareholders entitled to receive such dividend or other distribution shall be determined, the date of payment of such dividend or distribution, and the amount payable per share on such dividend or distribution. Except if the ex-dividend date and the reinvestment date of any dividend are the same, in which case funds shall remain in the Custody Account, on the date specified in such Resolution for the payment of such dividend or other distribution, Custodian will pay out of the monies held for the account of Fund, insofar as the same shall be available for such purposes, and credit to the account of the Dividend Disbursing Agent for Fund, such amount as may be necessary to pay the amount per share payable in cash on Fund Shares issued and outstanding on the record date established by such Resolution.
Payment of Dividends and other Distributions. At all times while Shares remain jointly held pursuant to this Deed, all distributions, dividends and other capital or income derived from the JSOP Shares, including on any liquidation or winding up of the Company, shall be paid to and shall belong to the Trustee who will be entitled to receive and retain such sums absolutely for its own benefit (notwithstanding any relevant beneficial interest in the JSOP Shares that the Employee may hold at the time and, for the avoidance of doubt, the Trustee may agree with the Company to waive any such dividends).
