Closing Dividend definition

Closing Dividend has the meaning given to it in Clause 2.2;

Closing Dividend means a dividend on the common stock of the Company, to be paid as set forth in Section 5.15, in an amount equal to the estimated excess of (i) the amount of the Statutory Capital over (ii) the Statutory Capital Target.

Closing Dividend has the meaning set forth in Section 2.17.

Examples of Closing Dividend in a sentence

• However, the provision of an advocate, even where they have family or others who can facilitate the person’s involvement, may be required by the Care Act and appropriate in certain circumstances, for example where they are at risk of harm.

• In connection with the Closing Dividend, Public Company shall cause the CVR Agreement to be duly authorized, executed and delivered by Public Company and a rights agent selected by Public Company with Xxxxxx Partner’s prior approval (such approval not to be unreasonably withheld, delayed or conditioned).

• Further details about the Closing Dividend will be included in the Scheme Document.

• If the total amount reaches a defined level or limit the bus notifies the provider of these goods.

• Subject to the making or obtaining of any approvals, consents or authorizations of any Governmental Authority and applicable Law, Parent shall use its reasonable best efforts to cause the Company to pay to Parent the Closing Dividend prior to the Closing Date.

More Definitions of Closing Dividend

Closing Dividend has the meaning set forth in Section 2.03.

Closing Dividend means a special cash distribution to the Unitholders pro rata in respect of their outstanding Units that may be made by the Company, at the sole discretion of the Managers of the Company, prior to Closing from that portion, if any, of the Company's cash and cash equivalents that exceeds $2,000,000 (Two Million U.S. Dollars), after taking into account all Transaction Expenses to be paid at or prior to the Closing. Such dividend will be in addition to any distribution made by the Company with respect to taxes payable by Unitholders with respect to taxable income for 2005.

Closing Dividend means the Dividends paid (a) on the Closing Date by the Borrower to Holdings and by Holdings to the holders of its Equity Interests in an amount not to exceed $74,000,000 and (b) on or before June 30, 2009 by the Borrower to Holdings and by Holdings to the holders of its Equity Interests in an amount not to exceed Available Cash.”

Closing Dividend means dividends not exceeding $135 million in aggregate to be distributed to the shareholders of the Company within 10 Business Days following the Closing Date.

Closing Dividend shall have the meaning ascribed to it in Section 2.3(a).

Closing Dividend means a dividend that is declared and paid by Bank immediately prior to the Effective Time in respect of the quarterly period, if any, (a) that contains the Closing Date and (b) in respect of which no dividend has otherwise been accrued, declared or paid, in an aggregate amount paid to all holders of Bank Common Stock equal to (i) the sum of (x) the amount Bank was permitted to pay, in the aggregate, as dividends pursuant to Section 5.2(b)(ii)(A) plus (z) the product of (A) the number of outstanding shares of Bank Common Stock immediately prior to the Closing, (B) $0.152 per share of Bank Common Stock and (C) the fraction the numerator of which is the number of days in the period commencing on the first day of such quarterly period and ending on the Closing Date and the denominator of which is the total number of days in such quarterly period minus (ii) the aggregate amount of dividends declared and/or paid by Bank as permitted by Section 5.2(b)(ii)(A).

Closing Dividend means a one-time payment of accrued preferred dividends to holders of Greystone Logistics’ shares of preferred stock in an amount not to exceed $3,470,000.00 at, or within ten (10) days of, the date of this Agreement.