Equivalent Dividend definition

Equivalent Dividend has the meaning set forth in Section 2.1(a)(i);
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Equivalent Dividend has the meaning ascribed thereto in Section 2.1(a).
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Equivalent Dividend has the meaning as provided in §1.2;
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Examples of Equivalent Dividend in a sentence

  • Variation margin on an accrued Cash Equivalent Dividend Payment will be in contingent form.

  • The Clearing House shall not be responsible for any act or omission with regard to any Corporate Action (for example a rights issue, dividend or Cash Equivalent Dividend Payment or other corporate entitlement) relating to any EquityClear Eligible Instrument which is the subject of any EquityClear Contract, other than as set out in these Procedures.

  • The Equivalent Dividend Payment will be divided by the per share value determined by the independent appraiser to determine the number of shares of Class A Common Stock to be issued to each holder of Shares as payment of the dividends due on such Shares.

  • TOWNSHIP COMMITTEE MEETING AGENDA SEPTEMBER 22, 20217:30 P.M. MEETING CALLED TO ORDER by Mayor Copare.

  • Section 4 Dividend Equivalent Dividend Equivalents do not apply to Performance Shares.

  • The Quarterly Equivalent Dividend Amount shall be equal to 25% of the Regular Dividend divided by the Notional Exchange Ratio.

  • To the extent that such options, rights or warrants are not exercised prior to the expiry date thereof, the Equivalent Dividend Basis shall be readjusted effective immediately after such expiry date to the Equivalent Dividend Basis which would then have been in effect based upon the number of Common Shares or securities exchangeable for or convertible into Common Shares actually delivered on the exercise of such options, rights or warrants.

  • An "Equivalent Dividend," when used with reference to a dividend or distribution declared or paid on a class of Common Stock, shall mean a dividend in the same form and per share amount that is paid on another class of Common Stock, except that each class of Common Stock shall be considered to be identical to each other class in the case of dividends or distributions payable in capital stock or in debt or securities exchangeable or exercisable for, or convertible into, capital stock.

  • For the avoidance of doubt, in the case of a Capital Distribution or an Extraordinary Dividend, the Issuer shall be entitled to make such adjustments as it considers appropriate to the calculation of the "Net Declared Cash Equivalent Dividend" to take into account the tax consequences of the Capital Distribution or Extraordinary Dividend (as the case may be) on any hedging arrangements that it has entered into in connection with the Securities.

  • Declared Cash Equivalent Dividend Percentage: The Declared Cash Dividend Percentage, unless otherwise specified in the Transaction Supplement.


More Definitions of Equivalent Dividend

Equivalent Dividend means a dividend on the Exchangeable Shares, as provided for by the Exchangeable Share Provisions, that is declared and paid on the same day as any dividend declared or paid on the @Road Common Shares;
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Related to Equivalent Dividend

  • Equivalent Preferred Stock shall have the meaning set forth in Section 11(b) hereof.

  • Equivalent Preferred Shares shall have the meaning set forth in Section 11(b) hereof.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Dividend means any dividend (whether interim or final) resolved to be paid on Shares pursuant to the Articles.

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • Cash Dividend means any dividend or distribution in respect of the Ordinary Shares which is to be paid or made to Shareholders as a class in cash (in whatever currency) and however described and whether payable out of share premium account, profits, retained earnings or any other capital or revenue reserve or account, and including a distribution or payment to Shareholders upon or in connection with a reduction of capital.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • Special Dividend means any special or abnormal dividend or distribution in respect of securities (including a distribution of income or capital) and includes a dividend or distribution described by the entity declaring that dividend or distribution as:

  • Common Stock Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • Dividend Equivalent Rights means certain rights to receive cash payments as described in Section 3.5.

  • Dividend Rate has the meaning set forth in the Statement.