Effective Date Dividend definition

Effective Date Dividend has the meaning assigned to such term in the definition of “Effective Date Transactions”.

Effective Date Dividend means the distribution by the Borrower to its direct or indirect equity holders of the Capital Stock of LifeWorks UK Holding Company Limited, a private limited company incorporated under the laws of England and Wales.

Effective Date Dividend means the payment, on or after the Effective Date (but no later than the Spin-Off Date), of a cash dividend or other cash transfer in an aggregate amount not to exceed $1,500,200,000 by the Borrower, through intervening subsidiaries of Xxxxxxxxx Xxxx, to Xxxxxxxxx Xxxx with a portion of the Net Proceeds of the Term Loans and the Senior Unsecured Notes.

Examples of Effective Date Dividend in a sentence

• On and after the Effective Date, Dividend Equivalents shall be credited and paid on all Stock Units that are outstanding under the Directors’ Equity Plan on the Effective Date, on the same terms as described in this Section 3 and Section 4 below.

• The proceeds of the Loans made hereunder, and the issuance of Letters of Credit issued hereunder, will be used on and after the Restatement Effective Date, for working capital needs and other general corporate purposes of the Borrower (including, (i) on (or within twenty (20) days of) the Restatement Effective Date, to fund a portion of the Restatement Effective Date Dividend, (ii) to finance Permitted Acquisitions and (iii) other transactions not prohibited by the Loan Documents).

• The Agents shall be satisfied that the payment of the Restatement Effective Date Dividend complies with all applicable laws, rules, regulations and orders.

• The proceeds of Revolver Loans shall be used by Borrower solely (a) to satisfy existing Debt; (b) to pay a portion of the purchase price for the Pental Acquisition; (c) to pay fees and transaction expenses associated with the closing of this credit facility; (d) to pay Obligations in accordance with this Agreement; and (e(e) to pay the Second Amendment Effective Date Dividend; and (f) for other lawful corporate purposes of Borrower, including working capital and Permitted Distributions.

• The proceeds of the Revolving Credit Loans and the Swing Line Loans, and the Letters of Credit shall be used (a) to make the First Amendment Effective Date Dividend, the Additional Dividends and other dividends expressly permitted pursuant to Section 7.6 of this Agreement, (b) for working capital and general corporate purposes not in contravention of any Requirement of Law and not in violation of this Agreement, and (c) to pay costs and expenses of the transactions contemplated hereby.

More Definitions of Effective Date Dividend

Effective Date Dividend means (i) payments in an aggregate amount not to exceed $132,703,379.20 substantially concurrent with the Effective Date with a portion of the Net Proceeds of the Transactions in respect of the payment of a cash dividend by Borrower to Holdings and by Holdings to Parent and (ii) in lieu of dividends or distributions on Equity Interests in Parent (or any direct or indirect parent thereof), special bonuses, dividend equivalents, Equity Interests, adjustments to Equity Interests or other payments (in accordance with the terms of stock option, stock incentive, deferred compensation or other equity-based plans and related awards agreements) granted, paid or provided on or after the Effective Date to directors, officers, employees or consultants who hold Equity Interests in Parent (or any direct or indirect parent thereof).

Effective Date Dividend has the meaning specified in the preamble hereof.

Effective Date Dividend means a dividend from Borrower to Terex not to exceed an amount equal to (i) $50,000,000 less (ii) the amount of the TCA-ASV Net Assets payment (as such term is defined in the Stock Purchase Agreement as in effect on the date hereof), of which up to the first $40,000,000, or such lesser amount as is reflected on the final funds flow approved by the Administrative Agent for the initial funding of the Term Loans (the “Final Funds Flow”), shall be made with proceeds from the Term Loans and any remaining amount shall be made with proceeds from the of the Revolving Loans.

Effective Date Dividend means a dividend from Borrower to Terex not to exceed an amount equal to (i) $50,000,000 less (ii) the amount of the TCA-ASV Net Assets payment (as such term is defined in the Stock Purchase Agreement as in effect on the date hereof) which the dividend shall be made with proceeds from the Term Loans.

Effective Date Dividend means the dividend payment declared and made by Borrower to Parent on the Effective Date to fund a portion of the consideration (including Transaction Costs) in connection with the consummation of the Acquisition and the related Transactions.

Effective Date Dividend means a dividend by the Borrower to Holdings ----------------------- in an aggregate amount of $183,000,000.

Effective Date Dividend means the dividend or distribution paid in cash by Patriot to the owners of the shares of common stock of Patriot on or within 30 days of the Effective Date in an amount not to exceed $100,000,000.