Agreed Dividend definition

Agreed Dividend means dividend payments made by the Company to the Sellers at any time between 1 March 2012 and the Completion Date, provided that (a) such payments are made in accordance with law and the Company’s articles of association and (b) such payments do not exceed £50,000 per calendar month (or pro rata portion thereof);
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Agreed Dividend means the debt repayment of £12,919,903 or of such other amount as the Buyer may agree to be paid by the Company to the Seller’s Group prior to Completion;
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Agreed Dividend has the meaning given in Clause 9.1 (Agreed Dividends); Agreed Switch has the meaning given to it in Clause 7.1 (Switching to an Offer);
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Examples of Agreed Dividend in a sentence

  • Agreed "Dividend Shares" to the transfer agency records for each class.

  • Holdco and the Company agree and acknowledge that 10.5% of all dividends received by Holdco pursuant to this Agreed Dividend Policy shall be allocated for the sole purpose of satisfying obligations to employees under the Management Plan Documents.

  • This Agreed Dividend Policy is subject to compliance with the DGCL and the terms of the Financing Agreements.

  • If any such dividend or distribution occurs save for the Agreed Dividend, any reference in this Announcement to the Offer Price shall be deemed to be a reference to the Offer Price as so reduced.

  • Recalculated for each class "Adjusted Total Assets" by multiplying "Prior Day NAV Per Share" by "Current Shares Outstanding." Recalculated "Percentage Assets-Class A/Front End" by dividing "Adjusted Total Assets-Class A/Front End" by "Adjusted Total Assets Composite." Recalculated "Percentage Assets-Class B/Back End" by dividing "Adjusted Total Assets-Class B/Back End" by "Adjusted Total Assets Composite." Agreed "Dividend Shares Beginning of Day" to the Supersheet for each class.

  • If, after the date of this Announcement and save for the Agreed Dividend, any other dividend or other distribution is declared, paid or made payable by HellermannTyton, Delphi reserves the right (without prejudice to any right of Delphi, with the consent of the Panel, to invoke Condition 2(l)(ii) of Part A above) to reduce the consideration payable under the Offer in respect of a HellermannTyton Share (the “ Offer Price”) by the aggregate amount of such dividend or distribution.

  • Between the Effective Date and the Amalgamation becoming effective, the Companies may not declare or pay a dividend to their shareholders or agree to do so other than for such amounts as are agreed to in writing by DRD (IoM) and OML ( Agreed Dividend).

  • Term Meaning Agreed Dividend the final dividend of Excel for the year ended 30 June 2006 of no more than the amount determined in accordance with Excel’s dividend policy as at the date of this agreement of paying out 50% of net profits after tax.

  • For the purposes of the calculation of the Completion Cash Component, the Agreed Dividend is the amount of any Agreed Dividend payable to OML under clause 5.5.


More Definitions of Agreed Dividend

Agreed Dividend means either the Permitted Dividend or the Additional Dividend).
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Agreed Dividend means the dividend of EUR1,350,000 expected to be approved by the Company on 2 June 2012;
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Agreed Dividend as defined in Section 6.3(d).
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Related to Agreed Dividend

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Dividend means any dividend (whether interim or final) resolved to be paid on Shares pursuant to the Articles.

  • Special Dividend means any special or abnormal dividend or distribution in respect of securities (including a distribution of income or capital) and includes a dividend or distribution described by the entity declaring that dividend or distribution as:

  • Accrued Dividends means, with respect to any share of Preferred Stock, as of any date, the accrued and unpaid dividends on such share from and including the most recent Dividend Payment Date (or the Issue Date, if such date is prior to the first Dividend Payment Date) to but not including such date.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Extraordinary Dividend means any cash dividend or distribution (or portion thereof) that the Calculation Agent determines, in its sole discretion, is extraordinary or special; and