Distribution Per Share definition
Distribution Per Share means, with respect to any Class of Shares, an amount equal to the quotient of (i) the amount of any distribution or payment by the Fund in respect of, or allocated to, such Class of Shares that is not a Fund Fee and Expense and shall include, without limitation, any distribution of income, dividends, capital gains or principal to the Shareholders of such Class of Shares and any payment of Income Taxes allocated to such Class of Shares, and (ii) the number of Shares of such Class of Shares outstanding immediately prior to the date of such distribution or payment.
Distribution Per Share means, with respect to any Class of Shares, an amount equal to the quotient of the amount of any distribution or payment by the Fund in respect of, or allocated to, such Class of Shares that is not a Covered Expense or an Investment-Related Cost, and shall include, without limitation, any distribution of income, dividends, capital gains or principal to the Shareholders of such Class of Shares and any payment of Income Taxes allocated to such Class of Shares, divided by the number of shares of such Class of Shares outstanding on the date of such distribution or payment.
Distribution Per Share means, with respect to any Class of Shares, an amount equal to the quotient of the amount of any distribution or payment by the Fund in respect of, or allocated to, such Class of Shares that is not a Covered Expense or an Investment-Related Cost, and shall include, without limitation, any distribution of income, dividends, capital gains or principal to the Shareholders of such Class of Shares and any payment of Income Taxes allocated to such Class of Shares, divided by the number of shares of such Class of Shares outstanding on the date of such distribution or payment. For the avoidance of doubt, payments of expenses that are not Covered Expenses or Investment-Related Costs, specifically including Income Taxes and extraordinary expenses, are treated as Distributions Per Share for purposes of determining the Guarantee per Share, but such payments can not be reinvested and no Shares shall be issued in respect of such payments.
Examples of Distribution Per Share in a sentence
If any Special Distribution (or portion thereof) has a record date prior to the Effective Time and is in the form of cash, then Deltic shall be entitled to declare and pay a dividend to holders of shares of Deltic Common Stock, in an amount per share of Deltic Common Stock equal to (A) the Special Distribution Per Share declared by Potlatch with respect to each share of Potlatch Common Stock multiplied by (B) the Exchange Ratio.
Each Certificate surrendered in accordance with the provision of this Section 2.9 shall be canceled; provided that, notwithstanding the cancellation of such Certificate, the Former Holder shall remain entitled to receive, for each share of Company Stock evidenced thereby, the applicable Closing Date Payment and any applicable Distribution Per Share Amount.
Until surrendered in accordance with the provisions of this Section 2.9, each Certificate (other than Certificates canceled pursuant to Section 2.8(b) and Certificates representing Dissenting Shares) shall represent for all purposes only the right to receive the applicable Closing Date Payment and any applicable Distribution Per Share Amount (if any), in the form provided for by this Agreement, without interest.
More Definitions of Distribution Per Share
Distribution Per Share means, with respect to any PPF and any Class of Shares of such PPF, an amount equal to the quotient of the amount of any distribution or payment by the Fund or accrual by the Fund of a liability in respect of, or allocated to, such Class of Shares that is not a Covered Expense or a transaction related brokerage expense, and shall include, without limitation, any distribution of income, dividends, capital gains or principal to the PPF Shareholders of such Class of Shares and any payment or accrual of a liability in respect of income taxes or excise taxes allocated to such Class of Shares divided by the number of shares of such Class of Shares outstanding on the date of such distribution, payment or accrual of a liability. A Distribution Per Share shall be effective on the date on which such distribution, payment or accrual of a liability is made by the Fund. In order to avoid duplication, if the accrual by the Fund of a liability results in a Distribution Per Share, a payment by the Fund in the amount of such accrued liability in satisfaction of such accrued liability shall not result in an additional Distribution Per Share.
Distribution Per Share on account of any Merger Consideration Distribution shall mean, with respect to a share of any class or series of Capital Stock, (a) the amount that would have been distributed in respect of such share if the Cumulative Merger Consideration Distributions had been distributed in complete liquidation of the Company immediately prior to the Effective Time pursuant to the Company Charter (assuming all of the “in the money” Company Options were vested and exercised as of immediately prior to such liquidation), minus (b) the aggregate Distribution Per Share for such share on account of all prior Merger Consideration Distributions, if any.
Distribution Per Share means, with respect to any PPF and any Class of Shares of such PPF, an amount equal to the quotient of the amount of any distribution or payment by the Fund in respect of, or allocated to, such Class of Shares that is not a Covered Expense or a transaction related brokerage expense, and shall include, without limitation, any distribution of income, dividends, capital gains or principal to the PPF Shareholders of such Class of Shares and any payment of income taxes or excise taxes allocated to such Class of Shares divided by the number of shares of such Class of Shares outstanding on the date of such distribution or payment.
Distribution Per Share means the aggregate dividends declared and distributed during the fiscal year by the Company for the fiscal year, divided by the Deemed Shares Outstanding as of the beginning of the fiscal year.
Distribution Per Share means, with respect to any Class of Shares, an amount equal to the quotient of (x) the amount any distribution or payment by the Fund related to investment income plus capital gains plus principal plus any expense that is not a Covered Expense (for example, any payment of Income Taxes and extraordinary expenses) divided by (y) the number of Shares of such Class of Shares outstanding on the date of such distribution. For the avoidance of doubt (i) payments of expenses that are not Covered Expenses, specifically including Income Taxes and extraordinary expenses, will reduce the Guarantee per Share as if such amounts were distributed to Shareholders, but such payments cannot be reinvested and no Shares shall be issued in respect of such payments; and (ii) investment-related costs, such as interest, taxes (other than Income Taxes), brokerage commissions and transaction fees, shall not be treated as distributions or payments by the Fund for purposes of determining Distribution Per Share, but are taken into account and reduce the amount in clause (x) above in accordance with the Fund's calculation of NAV.
Distribution Per Share means the net amount available for distribution to the holders of Common Stock outstanding or deemed outstanding on a fully diluted basis, after payment of any expenses of sale which are the obligation of all of the holders of Common Stock outstanding or deemed outstanding on a fully diluted basis on account of such ownership divided by the aggregate number of shares of all classes of Common Stock outstanding or deemed outstanding on a fully diluted basis and without giving effect to any of the special allocations provided herein (other than as provided in subparagraphs (iii)(C), (iv)(D) and (x) hereof).
Distribution Per Share means, with respect to any Class of Shares, an amount equal to the quotient of the amount any distribution or payment by the Fund related to investment income plus capital gains plus principal plus any expense that is not a Covered Expense (for example, any payment of Income Taxes and extraordinary expenses) divided by the number of Shares of such Class of Shares outstanding on the date of such distribution. For the avoidance of doubt (i) payments of expenses that are not Covered Expenses, specifically including Income Taxes and extraordinary expenses, will reduce the Guarantee per Share as if such amounts were distributed to Shareholders, but such payments cannot be reinvested and no Shares shall be issued in respect of such payments; and (ii) investment-related costs, such as interest, taxes (other than Income Taxes), brokerage commissions and transaction fees, shall not be treated as distributions or payments by the Fund for purposes of determining Distributions Per Share, but are taken into account and reduce the amount in clause (x) above in accordance with the Fund's calculation of NAV.