Declared Dividends definition

Declared Dividends has the meaning set forth in Section 3.4(a).

Declared Dividends shall have the meaning assigned to such term in clause (xii) of the definition of “Adjusted Consolidated EBITDA”.

Declared Dividends shall have the meaning assigned to such term in the definition of “Adjusted Consolidated EBITDA”.

Examples of Declared Dividends in a sentence

• Dividends Declared Dividends declared per common share during 1995 and 1994 were: 1995 1994 ---- ---- June 26 $ .11 June 11 $ .10 December 18 .11 December 19 .11 The Board of Directors considers payment of cash dividends on a semi- annual basis subject to the availability of earnings, the financial condition of the Company and other relevant factors.

• The aggregate distribution made pursuant to Clauses 8.10(a) and (b) of the Second Amended and Restated Shareholders Agreement shall not exceed the amount of Declared Dividends minus Rmb 7,040,000.

• After the holders of Series A Preferred Shares have been paid in full the Purchase Price and any Declared Dividends, the remaining assets of the Company available for distribution among the Members shall be distributed ratably among the holders of Ordinary Shares.

• If and only if the quick ratio of the Company as of 31 December in each year equals or exceeds 100%, the Company may distribute, as part of the Declared Dividends, up to an amount by which the amount of cash shown on the consolidated balance sheet of the Company as of 31 December of such year exceeds the amount of cash required to make the quick ratio as of 31 December of such year equal to 100%.

• Other than the Declared Dividends, the Founder shall procure that no more dividends shall be declared or paid by the Domestic Companies without the consent of the Parties.

• The holder of each share of Class B Common Stock shall be entitled to a liquidation payment of the Class B Liquidation Value (as defined below) plus all declared but unpaid dividends ("Declared Dividends") upon the voluntary or involuntary liquidation, dissolution, distribution of assets or winding up of the Corporation (the "Liquidation").

• Declared Dividends The Company has not declared or paid any dividends to date.

More Definitions of Declared Dividends

Declared Dividends has the meaning set forth in the definition of “Consolidated EBITDA”.

Declared Dividends means ordinary and extraordinary cash dividends declared by the applicable company during the applicable Interim Period or Performance Period, as applicable with regard to whether the dividends are paid in such periods; provided, however, that dividends that are declared by any company during the period commencing immediately following the date an agreement contemplating a CIC is executed and ending on the date the CIC is consummated shall be disregarded for purposes of the calculation of TSR. For clarity, TSR shall be calculated as follows for the Interim Periods and Performance Period:

Declared Dividends in the case of xxxx.xxxxx, the final dividend of 1.89 xxxxx per xxxx.xxxxx Share for the financial year ended 31 December 2014 paid on 27 May 2015 and, in the case of GVC, the interim dividend declared on 12 January 2015, the final dividend and special final dividend both declared on 23 March 2015 and the interim dividend of €0.14 announced on 8 July 2015 with a record date of 23 July 2015 and paid on 17 August 2015;

Declared Dividends has the meaning given to that term in Clause 9.1; Encumbrance means any interest of any person (including any right to acquire, option or right of pre-emption or conversion) or any mortgage, charge, pledge, lien, assignment, hypothecation, security interest, title retention or any other security agreement or arrangement or encumbrance of any kind, or any agreement to create any of the above; Five-Week Period means the five-week period immediately following the date of the Special Resolution (or of any Subsequent Special Resolution, as the case may be);

Declared Dividends means ordinary and extraordinary cash dividends declared by the applicable company during the applicable Interim Period or Performance Period, as applicable with regard to whether the dividends are paid in such periods; provided , however , that dividends that are declared by any company during the period commencing immediately following the date an agreement contemplating a CIC is executed and ending on the date the CIC is consummated shall be disregarded for purposes of the calculation of TSR.