Base Quarterly Dividend means a quarterly dividend of $0.225 per share; provided that (i) if there occurs any corporate event that requires an adjustment to the Exchange Ratio as described herein or (ii) the Underlying Stock Issuer effects a change in the periodicity of its dividend payments (e.g., from quarterly payments to semi-annual payments) (a “Payment Period Adjustment”), then in each case the Calculation Agent will make an appropriate adjustment to the Base Quarterly Dividend with a view to offsetting, to the extent practical, any change in the economic position of the Holder of this Security relative to this Security that results solely from that event.
Base Quarterly Dividend means (i) with respect to the common stock of Schlumberger N.V. (Schlumberger Limited), a quarterly dividend of $0.50 per share; and (ii) with respect to the common stock of Halliburton Company, a quarterly dividend of $0.18 per share; provided that (x) if there occurs any corporate event with respect to a Basket Stock that requires an adjustment to such Basket Stock’s Exchange Ratio as described in this section “Adjustment Events” or (y) if a Basket Stock effects a change in the periodicity of its dividend payments (e.g., from quarterly payments to semi-annual payments) (a “Payment Period Adjustment”), then in each case the Calculation Agent will make an appropriate adjustment to the Base Quarterly Dividend with respect to the applicable Basket Stock with a view to offsetting, to the extent practical, any change in the Holder’s economic position relative to this Security that results solely from that event, and references in this section to a quarter or a quarterly dividend shall be deemed to refer instead to such other period or periodic dividend, as appropriate. In the event of a spin-off with respect to any Basket Stock, the Base Quarterly Dividend for such Basket Stock will remain unchanged and the Base Quarterly Dividend with respect to the spin-off stock will be $0.00 per share.
Base Quarterly Dividend means a quarterly dividend of $0.41 per share; provided that (i) if there occurs any corporate event with respect to the Underlying Stock that requires an adjustment to the Share Ratio as described in this section “Adjustment Events” or (ii) if the Underlying Stock Issuer effects a change in the periodicity of its dividend payments (e.g., from quarterly payments to semi-annual payments) (a “Payment Period Adjustment”), then in each case the Calculation Agent will make an appropriate adjustment to the Base Quarterly Dividend with a view to offsetting, to the extent practical, any change in the Holder’s economic position relative to this Security that results solely from that event, and references in this section to a quarter or a quarterly dividend shall be deemed to refer instead to such other period or periodic dividend, as appropriate. In the event of a spin-off with respect to the Underlying Stock, the Base Quarterly Dividend for the original Underlying Stock will remain unchanged and the Base Quarterly Dividend with respect to the spin-off stock will be $0.00 per share.
Examples of Base Quarterly Dividend in a sentence
In the event of any increase or decrease on or after April 6, 2005 in the regular quarterly cash dividend payable to holders of Nuveen Stock relative to the Base Quarterly Dividend (as defined below), the Exchange Ratio shall be adjusted as of the related ex-dividend date for such quarterly cash dividend.
The "Base Quarterly Dividend" means (i) with respect to Anadarko Petroleum Corporation, a quarterly dividend of $.14 per share and (ii) with respect to Diamond Offshore Drilling, Inc., a quarterly dividend of $.0625 per share.
In addition to any adjustments to the Exchange Ratio described elsewhere in this section, the Exchange Ratio will be adjusted for changes (whether positive or negative) in the regular quarterly cash dividend payable to holders of such Basket Stock relative to its Base Quarterly Dividend (as defined below).
The "Ordinary Dividend Adjustment Amount" will equal a fraction, the numerator of which is (x) the new regular quarterly cash dividend minus the Base Quarterly Dividend times (y) the prior Exchange Ratio, and the denominator of which is the Base Closing Price.
The “Ordinary Dividend Adjustment Amount” will equal a fraction, the numerator of which is (x) the new regular quarterly cash dividend minus the Base Quarterly Dividend times (y) the prior Exchange Ratio, and the denominator of which is the Base Closing Price.
More Definitions of Base Quarterly Dividend
Base Quarterly Dividend means a quarterly dividend of $2.65 per share; provided that (i) if there occurs any corporate event that requires an adjustment to the Exchange Ratio as described herein or (ii) the Underlying Stock Issuer effects a change in the periodicity of its dividend payments (e.g., from quarterly payments to semi-annual payments) (a “Payment Period Adjustment”), then in each case the Calculation Agent will make an appropriate adjustment to the
Base Quarterly Dividend means shall mean US$0.058 per Tricon Common Share per calendar quarter, increased by US$0.005 each calendar year beginning on January 1, 2022; provided that, in each case, such amounts shall be equitably adjusted to account for any subsequent share split, share consolidation or similar transaction in respect of the Tricon Common Shares.
Base Quarterly Dividend means (i) with respect to Danaher Corporation, a quarterly dividend of $0.02 per share; (ii) with respect to Textron Inc., a quarterly dividend of $0.02 per share; and with respect to Ingersoll-Rand plc, a quarterly dividend of $0.07 per share.
Base Quarterly Dividend means a quarterly dividend of $0.00 per share. In the event of a spin-off with respect to the Underlying Stock, the Base Quarterly Dividend for the Underlying Stock will remain unchanged and the Base Quarterly Dividend with respect to the Spin-Off Stock will be $0.00 per share.
Base Quarterly Dividend means (i) with respect to the common stock of Mylan Inc. (and any Spin-Off Stock with respect to the common stock of Mylan Inc.), a quarterly dividend of $0.00 per share; and (ii) with respect to the common stock of American Airlines Group Inc. (and any Spin-Off Stock with respect to the common stock of American Airlines Group Inc.), a quarterly dividend of $0.00 per share.
Base Quarterly Dividend means, with respect to each expected Ex-Dividend Date specified below, the corresponding declared or forecast dividend per share, as applicable, of the Underlying Stock as reported by Bloomberg Financial Markets as of the Pricing Date:
Base Quarterly Dividend means a quarterly dividend of $0.18 per share. The amount of the Base Quarterly Dividend is subject to adjustment by the Calculation Agent in its sole discretion in a manner inversely proportional to any adjustment to the Exchange Ratio in the case of any stock split or reverse stock split described in paragraph 1 or any stock dividend or distribution described in paragraph 2.