Contingent Dividend definition

Contingent Dividend shall have the meaning ascribed to such term in the Registration Statement.
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Contingent Dividend means an amount equal to 40% of the Excess Net Income measured as of the end of the applicable fiscal quarter of the Corporation, minus (i) the aggregate amount of Contingent Dividends earned previously during the applicable Measurement Period, and (ii) the aggregate amount of Regular Quarterly Dividends earned during the applicable Measurement Period.
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Contingent Dividend means the contingent dividend declared by the Board of Directors of the Company on September 27, 2016 pursuant to the Contingent Dividend Resolution.
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Examples of Contingent Dividend in a sentence

  • The Contingent Dividend was declared, and when paid will be, in each case, in compliance with the NJBCA and, except as would not reasonably be expected to result in a material Liability to the Company or materially impair, prevent or delay the ability of the Company to consummate the Merger and the other Transactions, all other applicable Laws.

  • Contingent Dividend Payment Derivative - The Series A1, Series A2 and Series B convertible preferred stock include a contingent dividend payment feature.

  • For the avoidance of doubt, any Contingent Dividends that accrue prior to the P2 Company Acquisition Date shall be payable pursuant to this clause (ii), whether or not the Contingent Dividend Payment Date is on or after the P2 Company Acquisition Date.

  • At the time of conversion, because the Contingent Dividend will no longer be potentially payable, the Class Afiling becoming effective or being approved by the Commission, as the case may be.

  • Pursuant to Article FOURTH(b)(i) of the proposed Certificate of Incorporation, the Class A Common Stock and the Class B Common Stock will be identical in all respects and will have equal rights and privileges, except for the right to receive the Contingent Dividend (as defined below).

  • Such certificates shall be dated as of the Effective Date and, if requested by any party hereto, the closing date of the Exchange Offer and /or the Contingent Dividend.

  • Such certificates shall be dated as of the Effective Date and, if requested by any party hereto, the closing date of the Exchange Offer and / or the Contingent Dividend.

  • Such certificates shall be dated as of the Effective Date and, if requested by any party hereto, the closing date of the Exchange Offer and/or the Contingent Dividend.

  • NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed from 5.00 p.m. on 24 July 2012 (the “Books Closure Date”) for the purposes of determining the entitlements of Shareholders to the Proposed Cash Distribution, the Proposed Contingent Dividend under the Proposed Share Consolidation.

  • It is the leading port in the T-shaped waterway network composed by the Yangtze River and the Chinese coastline.

Related to Contingent Dividend

  • Contingent fee as used in this clause, means any commission, percentage, brokerage, or other fee that is contingent upon the success that a person or concern has in securing a Government contract.

  • Contingent Right means a right under this Schedule 5 which is not a Firm Right and which is subject to the fulfilment of all competing Exercised Firm Rights and any additional contingency specified in this Schedule 5;

  • Contingent Consideration has the meaning set forth in Section 1.6.

  • Contingent Payment shall have the meaning set forth in Section 2.2(a).

  • Contingent Claim means any Claim, the liability for which attaches or is dependent upon the occurrence or happening of, or is triggered by, an event, which event has not yet occurred, happened or been triggered as of the date on which such Claim is sought to be estimated or an objection to such Claim is filed, whether or not such event is within the actual or presumed contemplation of the holder of such Claim and whether or not a relationship between the holder of such Claim and FairPoint now or hereafter exists or previously existed.

  • Accumulated Dividends means, with respect to any share of Preferred Stock, as of any date, the aggregate accumulated and unpaid dividends on such share from the Issue Date until the most recent Dividend Payment Date on or prior to such date. There shall be no Accumulated Dividends with respect to any share of Preferred Stock prior to the first Dividend Payment Date.

  • Preferred Dividends means, with respect to any Person, dividends or other distributions which are payable to holders of any Equity Interests in such Person which entitle the holders of such Equity Interests to be paid on a preferred basis prior to dividends or other distributions to the holders of other types of Equity Interests in such Person.

  • Contingent Load means Load payable by the Unit Holder at actual basis to the extent of loss incurred by fund due to disinvestments if Units are redeemed by any major Unit Holder in such period of time that the Management Company believes may adversely affect the interest of other Unit Holder(s). Any Contingent Load received will form part of the Trust Property.

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • 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.

  • 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:

  • Dividend Payment means dividends (in cash, Property or obligations) on, or other payments or distributions on account of, or the setting apart of money for a sinking or other analogous fund for, or the purchase, redemption, retirement or other acquisition of, any shares of any class of stock of the Company or of any warrants, options or other rights to acquire the same, but excluding dividends payable solely in shares of common stock of the Company.

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

  • Regular Dividend means USD 0.20 per Share per quarter. Upon any adjustment to the “Initial Dividend Threshold” (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.

  • 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).

  • 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 Record Date has the meaning set forth in Section 3(a).

  • Dividends shall have the meaning provided in Section 10.6.

  • Permitted Dividend has the meaning provided in Section 6.1(d).

  • Contingent Interest has the meaning specified in Section 4.01.

  • Initial Dividend Threshold shall have the meaning specified in Section 14.04(d).

  • Dividend Payment Date means February 15, May 15, August 15 and November 15 of each year.

  • Dividend Date means a date specified in the Issue Resolution on which a dividend in respect of that preference share is payable.

  • Dividend Payout Ratio means, at any date of determination, the ratio, expressed as a percentage, of (a) the sum of, without duplication, of all dividends paid by the Parent Guarantor on account of any common stock or preferred stock of the Parent Guarantor, except dividends payable solely in additional Equity Interests of the same class, to (b) Funds From Operations, in each case for the four consecutive fiscal quarters of the Parent Guarantor most recently ended.

  • Long Term Dividend Period means a Special Dividend Period consisting of a specified period of one whole year or more but not greater than five years.