Eligible Dividend definition

Eligible Dividend means all declared dividend payments (or any part thereof) (other than any Extraordinary Dividend) in respect of one Share for which the Ex-Dividend Date falls during the Reference Period, and if specified in the applicable Issue Terms, shall include declared dividends in cash only;

Eligible Dividend means “eligible dividend” as defined in subsection 89(1) of the Tax Act (or the provisions of any corresponding applicable provincial tax legislation).

Eligible Dividend means a dividend declared or determined by the Directors to be payable wholly in cash in respect of Shares (whether or not in respect of shares in every class) which the Directors declare or determine to be an Eligible Dividend for the purposes of the DRP.

Examples of Eligible Dividend in a sentence

• The DRP applies only in respect of DRP Shares of a DRP Participant on which an Eligible Dividend is payable.

• Where the Eligible Dividend for the Participating Shares is dealt with by the Company under rule 5.2(b), it constitutes full and final payment by the Company of the Eligible Dividend for the Participating Shares to the relevant Shareholder.

• Unless indicated otherwise by the Company at or before the time the dividend is paid, the dividend will be considered an Eligible Dividend for the purposes of the “Enhanced Dividend Tax Credit System”.

• DRP Participants’ elections as to participation in the DRP cease to be effective during the period of suspension under this Rule 9, and all Shares are taken not to be DRP Shares for the purpose of any Eligible Dividend declared while the DRP is suspended.

• Subject to a decision by the directors under rule 14.1(b), Election Forms received after 5pm (local time) on the trading day following the Record Date for the relevant Eligible Dividend are not effective for that dividend but are effective for any subsequent Record Date.

More Definitions of Eligible Dividend

Eligible Dividend has the meaning attributed to such term in Subsection 89(1) of the Tax Act;

Eligible Dividend means an amount, in respect of a person resident in canada, that is deemed to be a taxable dividend received by the person under section 603.1 or 663.4, or a portion of a taxable dividend that is paid by a corporation resident in canada, that is received by a person resident in canada and that

Eligible Dividend means a Dividend for which the Directors determine the DRP will apply. “Eligible Shareholder” has the meaning in Rule 2.3.

Eligible Dividend means each cash dividend determined by the Board in respect of Shares and (at the discretion of the Board) includes any special dividends.

Eligible Dividend has the meaning attributed to that tenn in subsection 89(1) of the Income Tax Act (Canada);

Eligible Dividend has the meaning attributed to that term in subsection 89(1) of the Income Tax Act (Canada);

Eligible Dividend means a dividend declared by the directors to be payable wholly in cash for Shares (whether or not for Shares in every class) which the directors declare to be an Eligible Dividend for the purposes of the Plan. Full Participation has the meaning set out in rule 4.2(a).