Examples of Dividend Waiver in a sentence
The terms of this Joinder shall be governed by, enforced and construed and interpreted in a manner consistent with the provisions of the Dividend Waiver.
Subject only to its receipt of the Special Dividend on or prior to October 31, 2011, the Investor hereby irrevocably agrees to cause the Series B Director to resign from the Company Board, effective as of the close of business on October 31, 2011, and hereby irrevocably waives, on its own behalf and on behalf of any transferee, any right to appoint a Series B Director, commencing on (and including) November 1, 2011 (such waiver, together with the Dividend Waiver and the Voting Waiver, the “Waived Terms”).
The individual conditions and the quantity of options granted to each beneficiary are described in the adhesion term signed by each one of the beneficiaries.On December 19, 2013 the Board of Directors also received the Dividend Waiver rule approved by the Board of Directors of Companhia de Bebidas das Américas – Ambev on December 22, 2010.
The Administrative Agent and the Lenders signatory hereto hereby consent to the December 2021 Dividend Waiver, the Investment Waiver and the Merger Waiver.
MHCs that meet all of these conditions may waive their right to receive dividends from a subsidiary after providing the Dividend Waiver Notice to the Board.
The Shareholders acknowledge and agree that they shall not be entitled to receive and the Company shall not be obligated to make to any Shareholder, either prior to or following the Closing, any payment for any dividends on the Series B Preferred that have accrued or that shall accrue during the Dividend Waiver Period unless the Merger Agreement shall be validly terminated pursuant to Article 9 thereof.
Except as expressly set forth in any such Company Option Dividend Waiver, the Company shall not provide any remuneration to any of the holders of Company Stock Options in exchange for the waiver contemplated by this Section 5.16.
Lender hereby grantsthe Dividend Waiver for a period through and including the New Maturity Date.
The Company will take all action necessary in accordance with applicable law and its governing documents to duly call, give notice of, and convene meetings of its holders of Preferred Stock and Company Common Stock, or to otherwise take such necessary action to consider and vote upon or consent to the approval of (i) this Agreement and the transactions contemplated hereby (including the Merger), (ii) the Merger Liquidation Exemption and (iii) the Dividend Waiver.
Journal of Political Economy, 105(6), 1121-1166.Attias-Donfut, C., Ogg, J.