Examples of Dividend Limitation in a sentence
The Dividend Limitation Notice shall include, if applicable and appropriate, a statement to the effect that the Company does not propose or intend to pay and will not pay its next normal dividend (whether interim or final) on its ordinary shares and identify the specific dividend on the ordinary shares that will not be paid.
Each Dividend Limitation Notice shall be given in writing by mail to each Class A Cumulative Preference Shareholder except that where the Class A Cumulative Preference Shares are listed on one or more stock exchanges, the Company may, in lieu of giving notice in writing by mail to such shareholder, determine to publish such notice on such stock exchange(s).
In addition, for so long as the Class A Cumulative Preference Shares are listed on the SGX-ST and the rules of the SGX-ST so require, each Dividend Limitation Notice shall be published in accordance with Article 8(C)(9)(ii) below.
In addition, for so long as the Class A Cumulative Preference Shares are listed on the SGX-ST and the rules of the SGX-ST so require, each Dividend Limitation Notice shall be published in accordance with [Article 8]Regulation 12(C)(9)(ii) below.
In the event that the Company receives a Dividend Limitation Notice, the Company shall either indicate in the applicable Dividend Notice that it is electing to pay at least the portion of the applicable Dividend attributable to the Dividend Excess Shares in cash or that the portion of the applicable Dividend attributable to the Dividend Excess Shares shall be included as part of the next succeeding Dividend.
The Dividend Limitation Notice shall include, if applicable and appropriate, a statement to the effect that the Company does not propose or intend to pay and will not pay its next normal dividend (whether interim or final) on its Shares and identify the specific dividend on the Shares that will not be paid.
Subordinate to the claims of all depositors, term loanborrowings, all capital instruments qualifying as tier II capital and all perpetual debt instruments4ListingUnlisted.5TenorThe PNCPS shall be perpetual i.e. there is no maturity date and there are no step-ups or any other incentives to redeem thePNCPS.6Dividend Payment FrequencySubject to Dividend Limitation and Loss Absorption, dividend will be payable as per the discretion of the Bank’s Board.
All local share used to match FTA awards must come from non-US DOT sources, except for Federal Lands Highway Program funds.
So long as no Event of Default exists and is continuing, the Company may (i) pay cash dividends on its - 68 - 00 xxxxxxx xxxxx, xx (xx) xxxe purchases and redemptions of its capital stock pursuant to existing plans, provided that the aggregate of all such cash dividends, purchases and redemptions referred to in clauses (i) and (ii) made after the Closing Date does not at the time of any payment exceed the Dividend Limitation after giving effect to such payment.
Each Dividend Limitation Notice shall be given in writing by mail to each CCPS Holder.