Dividend Access Shares definition

Dividend Access Shares means the dividend access share in Shell UK held by the Dividend Access Trustee and the dividend access share in BG proposed to be obtained by the Dividend Access Trustee in connection with the Acquisition and held by it;
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Dividend Access Shares has the meaning set out in the recitals hereto.
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Dividend Access Shares mean the Dividend Access Shares of the Corporation having the rights, privileges, restrictions and conditions set forth herein.
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Examples of Dividend Access Shares in a sentence

  • To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes hereof as having been paid to the holder of Dividend Access Shares in respect of which such deduction and withholding was made, provided that such withheld amounts are actually remitted to the appropriate taxing authority.

  • Any dividend which should have been declared on the Dividend Access Shares pursuant to this Section 3.1 but was not so declared due to the provisions of applicable law shall be declared and paid by the Corporation on a subsequent date or dates determined by the Board of Directors.

  • Promptly thereafter, the Company shall send a notice to the Canadian Subsidiary and the holders of the Dividend Access Shares to the effect that the Company will, on the Automatic Redemption Date, exercise its right to assume the Canadian Subsidiary's redemption obligations by purchasing the Dividend Access Shares directly.

  • For the purpose of determining Stockholder Votes to which a Stockholder is entitled in respect of any such CLC Meeting or CLC Vote, the number of Dividend Access Shares owned of record by the Stockholder shall be determined at the close of business on the record date established by CLC or by applicable law for purposes of determining stockholders entitled to vote at such CLC Meeting or CLC Vote.

  • To the extent that no instructions are received from a Stockholder with respect to the Voting Rights to which such Stockholder is entitled, the Trustee shall not exercise or permit the exercise of the Voting Rights relating to the Dividend Access Shares held by such Stockholder who did not provide the Trustee with instructions as aforesaid.

  • If part only of the Dividend Access Shares represented by any certificate shall be purchased, a new certificate for the balance of such shares shall be issued at the expense of the Corporation.

  • On the Automatic Redemption Date, the Company shall purchase the Dividend Access Shares by issuing one Share in exchange for each outstanding Dividend Access Share and shall purchase the Company's one outstanding share of Class B Preferred Stock by paying $1.00 to the holder thereof.

  • This agreement shall be binding upon and enure to the benefit of the parties hereto, to the holders of Dividend Access Shares and to their respective successors and assigns.

  • When not exercised for all the Dividend Access Shares held by a holder, the right of retraction provided herein may be exercised only with respect to an aggregate minimum number of Dividend Access Shares to be redeemed equal to 10,000 shares.

  • Certificates registered in the name of the registered holder of Dividend Access Shares shall be issued or transferred in respect of any stock dividends contemplated by Section 3.1(b) hereof and the sending of such a certificate to each holder of a Dividend Access Share shall satisfy the stock dividend represented thereby.


More Definitions of Dividend Access Shares

Dividend Access Shares has the meaning set forth in Section 2.4.
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Dividend Access Shares means the Dividend Access Shares in the share capital of Buyer having the rights, privileges, restrictions and conditions set forth in Exhibit A and "Dividend Access Share Provisions" means the rights, privileges, restrictions and conditions set forth in Exhibit A.
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Dividend Access Shares means the STT Dividend Access Share and the BG Dividend Access Share (and “Dividend Access Share” shall be construed accordingly); “First Amendment Date” means 15 February 2016; “Forfeited Dividend” has the meaning set out in clause 3.3; “High Court” means the High Court of Justice in England and Wales; “Income” means any interest or other income earned on any amount held in the Trust which represents a dividend paid on a Dividend Access Share; “Parties” means the parties to this Trust Deed; “RDS Dividend Equivalent Amount” has the meaning set out in clause 3.4; “RDS Group” means Royal Dutch Shell and each of its subsidiaries from time to time; “STT Dividend Access Share” means the redeemable share in the capital of STT classified as a dividend access share, issued to the Trustee pursuant to the STT Scheme; “STT Scheme” means the scheme of arrangement of STT which became effective on 20 July 2005; “Trust” means the trust subsisting and created under this Trust Deed; “Trust Deed” means this trust deed as amended from time to time; and
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Dividend Access Shares has the meaning set forth in Section 2.6.
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Dividend Access Shares means the STT Dividend Access Share and the BG Dividend Access Share (and “Dividend Access Share” shall be construed accordingly);
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Related to Dividend Access Shares

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • 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. For the avoidance of doubt, any alternative trading convention on the applicable exchange or market in respect of shares of the Common Stock under a separate ticker symbol or CUSIP number will not be considered “regular way” for this purpose.

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • Additional Common Shares means all common stock (including reissued shares) issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional Common Shares does not include, however, any common stock issued in a transaction described in Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a nonfinancing transaction to employees, officers, directors, or consultants to the Company.

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