Dividend Distribution Date definition
Examples of Dividend Distribution Date in a sentence
In accordance with the terms of this Agreement, on the Settlement Date and each Dividend Distribution Date, if any, the Holder of a Unit, with respect to each Unit held, shall be entitled to receive an amount equal to the value of the amount paid or distributed to each Stockholder with respect to each Share, in the form of cash or, at the election of the Corporation, other property with a value equal to the property otherwise distributable or payable under the terms of this Agreement.
Any such amount or distribution to which a Holder becomes entitled shall be paid or made by the Corporation to such Holder within five (5) Business Days (as defined below) of such Settlement Date or Dividend Distribution Date.
Likewise, if on the Dividend Distribution Date, each Stockholder of the Corporation receives a Dividend Distribution Payment of $0.25 per Share in cash, then Holder will receive a cash payment equal to $0.25 times the number of Units held by the Holder.
Please provide the following information when sending the nightly NAV and Dividend Distribution Date Fax/Email.
Anything herein to the contrary notwithstanding, no portion of any Post Closing Escrow Amount shall be distributed by the Escrow Agent until the fifth (5th) day following the Pre-Closing Dividend Distribution Date.