Dividends/Distributions definition

Dividends/Distributions. At the rate per annum of 15% of the liquidation preference of the Series B Preferred, payable semi-annually commencing on the six-month anniversary of the Closing Date. At the option of the Issuer, semi-annual dividends may be paid in cash or may accumulate and compound semi-annually.
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Dividends/Distributions means the means the periodic distribution of profit by the Islamic Asset issuer to holders as prescribed by the terms and conditions of the Islamic Asset and are not guaranteed by the Bank; ردصمُ لبق نم حابرلأل يرودلا عيزوتلا ينعت "تاعيزوتلا / حابرلأا تاعيزوت" ماكحأو طورش يف هيلع صوصنملا وحنلا ىلع اهيلماح ىلع ةيملاسلإا لوصلأا .كنبلا لبق نم ةنومضملا ريغو ةيملاسلإا لوصلأا “EIBOR” shall mean in relation to any Islamic Finance Facility: ليومت ةيقافتا يأب قلعتي اميف ينعت " ةيتاراملإا كونبلا نيب ضرعلا لدعم " :يملاسإ (i) the applicable EIBOR Screen Rate; or .هب لومعملاو ةشاشلا ىلع رهاظلا ةيتاراملإا كونبلا نيب ضرعلا لدعم .i
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Examples of Dividends/Distributions in a sentence

  • The covenant is defined as follows: EBITDA + non-cash restructuring expenses + cash from intercompany loans and/or advances divided by interest expense + Current Maturities of Long Term Debt (prior four quarters) + Cash Taxes + Tangible and Intangible CAPEX (net of financed CAPEX) + Dividends/Distributions + Repayment of Intercompany loans or advances.

  • The term “Debt Service Coverage Ratio” means Borrower’s Net Profits Before Taxes plus Interest Expense plus Depreciation/Amortization Expense less Dividends/Distributions all divided by Current Maturities of Long Term Debt plus Interest Expense.

  • The modified covenant is defined as follows: "EBITDA + Non-cash restructuring expenses divided by Interest expense + Current Maturities of Long Term Debt (prior four quarters) + Cash Taxes + Tangible and Intangible CAPEX (net of financed CAPEX) + Dividends/Distributions".

  • Borrower will maintain a Debt Service Coverage Ratio of at least 1.50 To 1.0: Defined As: (Net Income after Tax + Depreciation/Depletion/Amortization + Interest - Dividends/Distributions +/- Non-Recurring Items) Divided By (Required Annual Principal & Interest Payments).

  • Borrower agrees that while this Agreement is in effect, Borrower shall comply with the following: Maximum Dividends/Distributions shall not be more than 10% of Net Profit on the December 31, 1999 fiscal year end Certified Public Accountant audited statement, No additional third party debt above $160,000.00 without Lender approval.