DRIP definition

DRIP means the distribution reinvestment plan of the Trust.
DRIP shall have the meaning set forth in Section 5.8.

Examples of DRIP in a sentence

  • The DRIP Shares will be issued and sold to shareholders of the Fund at a purchase price equal to the most recent available NAV per share for such shares at the time the distribution is payable.


More Definitions of DRIP

DRIP has the meaning set forth in Section 5.9.
DRIP irrigation means any non-spray low volume irrigation system utilizing emission devices with a flow rate measured in gallons per hour. Low volume irrigation systems are specifically designed to apply small volumes of water slowly at or near the root zone of plants.
DRIP means the Company’s Distribution Reinvestment Plan, attached hereto as Schedule B, as amended, modified, revised or restated from time to time.
DRIP means the distribution reinvestment plan of the REIT.
DRIP means the distribution reinvestment plan of the REIT, as amended and restated, as described under “Distribution Reinvestment Plan” in the AIF;
DRIP means a distribution reinvestment plan established by the Trustees for the purposes of allowing Unitholders to reinvest distributions on the Units in additional Units.
DRIP means the Premium DividendTM and Dividend Reinvestment Plan of the Corporation.