Dividend Amount Payment Date definition
Dividend Amount Payment Date means the day that is five Business Days following the day on which Equity Amount Payer receives in full the relevant cash dividend. In the event of the declaration of any extraordinary dividend or other payment by the Issuer, then either the terms of this Swap may be amended accordingly to reflect such extraordinary dividend or other payment or such extraordinary dividend or other payment shall be treated in the same way as other cash dividends, as set out above.
Dividend Amount Payment Date means five banking days after the
Examples of Dividend Amount Payment Date in a sentence
Dividend Amount Payment Date: The date falling two (2) Currency Business Days following each Dividend Payment Date (unless such day is not a Business Day in which case it shall be the following Business Day).
On each Dividend Amount Payment Date for the relevant Individual Tranche, Party A will pay to Party B an amount equal to the Dividend Amount.
Actual Dividend: 100% of the net cash ordinary dividend per Share (after deduction for or on account of withholding tax at the rate applicable to Party A) declared by the Issuer to holders of record of a Share and payable on a particular Dividend Payment Date and converted into the Settlement Currency at the spot rate on the relevant Dividend Amount Payment Date (if necessary).