Examples of Adjusted Available Cash in a sentence
A cumulated Adjusted Available Cash per Share for Distribution in excess of HK$2.40 will not give rise to any further entitlement.
The Grant Date is the date on which the Company’s annual report for the 2020 Financial Year is published or the cumulative Adjusted Available Cash per Share for Distribution amount since the beginning of the 2018 Financial Year reaches HK$2.40, whichever is the earlier.
Unless the Board resolves to early terminate the Co-Ownership Plan III by reason of the occurrence of an M&A Event, the minimum level of the Adjusted Available Cash per Share for Distribution required to be achieved by the Company before any RSU will be granted is an amount in excess of HK$2.10 on a cumulative basis over the 2018, 2019 and 2020 Financial Years of the Company.
See Final Results of Redetermination Pursuant to Ct. Remand, Nov.
By reference to the aspirational high-end target of an accumulated Adjusted Available Cash per Share for Distribution of HK$2.40 over the 2018, 2019 and 2020 Financial Years, the Company considers it appropriate to determine the progressive targets of Adjusted Available Cash per Share for Distribution for the 2018 Financial Year as HK$0.60 and for the 2018 and 2019 Financial Years as an accumulated amount of HK$1.40 (namely HK$0.60 + HK$0.80).