Examples of DRIP Plan in a sentence

Commencing with the November 2010 dividend, payable in December 2010, there were no shares available under the Premium DRIP Plan.
The DRIP Plan involves the acquisition of the Company's class A common stock either in the open market, directly from the Company as newly issued common stock, or in privately negotiated transactions with third parties.
In the event that eligible Shareholders elected to participate in the Premium DividendTM component of the Premium DRIP Plan, the additional common shares delivered to the designated Plan Broker were issued from treasury at a five percent discount to the Average Market Price.
Participants in the dividend reinvestment component of the Premium DRIP Plan had the ability to purchase shares with dividend proceeds at a price per share equal to 95 percent of the Average Market Price (as defined in the Premium DRIP Plan).
Participants in the dividend reinvestment component of the Premium DRIP Plan will have the ability to purchase Shares with dividend proceeds at a price per Share equal to 95 percent of the Average Market Price (as defined in the Premium DRIP Plan).

More Definitions of DRIP Plan

DRIP Plan means the Dividend Reinvestment Plan adopted by the Company;

DRIP Plan means the Trust’s premium distribution, distribution reinvestment and optional trust unit purchase plan;

DRIP Plan means the Distribution Reinvestment and Optional Trust Unit Purchase Plan adopted by the Trust;

DRIP Plan means the Direct Stock Purchase and Dividend Reinvestment Plan maintained by Oneida.

DRIP Plan means the Distribution Reinvestment and Optional Trust Unit Purchase Plan adopted by the Trust; "Exchangeable Shares" means the Series A exchangeable shares in the capital of Vermilion;

DRIP Plan means the Distribution Reinvestment and Optional Trust Unit Purchase Plan of Penn West Trust, as amended and restated as of July 30, 2007.