Extraordinary Dividends definition

Extraordinary Dividends means a nonrepetitive dividend paid at an irreg- ular time from funds legally available for such distribution.

Extraordinary Dividends. Any dividend other than Regular Dividends. For the avoidance of doubt, if more than one Ex-Dividend Date occurs in a quarter, the Calculation Agent shall designate any cash dividend other than a Regular Dividend as an Extraordinary Dividend and will, in its reasonable discretion, adjust the Strike Price, the Number of Warrants, the Daily Number of Warrants, the Warrant Entitlement and any other variable it deems appropriate to preserve the fair value of the Warrant after taking into account such dividend. Method of Adjustment: Calculation Agent Adjustment Consequences of Merger Events: (a) Share-for-Share: Cancellation and Payment (subject to satisfaction by delivery of Shares as set forth in “Early Termination” below).

Extraordinary Dividends means dividends or distributions --------- declared with respect to the Common Stock that are in an amount greater than 3% of the aggregate Fair Market Value of the shares of capital stock receiving such dividends as of the trading day prior to the declaration of such dividends or distributions.

Examples of Extraordinary Dividends in a sentence

• The Parties agree that Counterparty shall be obliged to pay the cash equivalent of all and any Dividends (including Extraordinary Dividends) and/or income that shall accrue in respect of the shares pledged in terms of the pledge (“pledged Shares”) to Investec within 1 (one) Business Day of receipt thereof by Counterparty.

• Dividend/s means any distribution made by the Issuer, whether in cash or otherwise, but excludes any distribution deemed to be an Extraordinary Dividend: and Extraordinary Dividend/s means any dividend declared by the Issuer to be in addition to Dividends are defined above, and shall include (but shall not be limited to) distributions made by the Issuer to holders of the Shares.

• For the avoidance of doubt, Calculation Agent Adjustment (including, without limitation, in respect of Extraordinary Dividends) shall continue to apply until the obligations of the parties (including any obligations of Issuer pursuant to Section 8(e) below) under the Transaction have been satisfied in full.

• Dividends which are not in cash or in Company Stock (including Extraordinary Dividends, or portions thereof) shall be reduced to cash by the Trustee and reinvested in Company Stock as soon as practicable.

• If the adjustment in the immediately preceding sentence would otherwise result in an increase in the Warrant Price (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations, Extraordinary Dividends and similar events) hereunder, no adjustment shall be made.

More Definitions of Extraordinary Dividends

Extraordinary Dividends means any extraordinary or special dividends paid on Capital Interests or other capital instruments of any kind of the Credit Union in excess of dividends paid at the stated market dividend rates on share accounts and other deposit liabilities of Members and the stated interest or dividend rates payable on any other capital instruments of the Credit Union.

Extraordinary Dividends. As determined by the Calculation Agent Adjustments: Method of Adjustment: Calculation Agent Adjustment Extraordinary Events: Consequences of Merger Events: Share-for-Share: Calculation Agent Adjustment Share-for-Other: Calculation Agent Adjustment Share-for-Combined: Calculation Agent Adjustment Tender Offer: Applicable Consequences of Tender Offers: Share-for-Share: Calculation Agent Adjustment Share-for-Other: Calculation Agent Adjustment Share-for-Combined: Calculation Agent Adjustment Composition of Combined Consideration: Not Applicable Nationalization, Insolvency or Delisting: Negotiated Close-Out Non-Reliance: Applicable Agreements and Acknowledgments Regarding Hedging Activities: Applicable Additional Acknowledgments: Applicable

Extraordinary Dividends has the meaning assigned in Section 5.01(e).

Extraordinary Dividends. For purposes of this Transaction and the definition of a "Potential Adjustment Event" (without limiting the generality of clause (iii) of Section 9.1(e) of the Equity Definitions), an "Extraordinary Dividend" shall mean, as calculated by the Calculation Agent, (i) any cash dividend or distribution declared with respect to the Shares at a time when the Issuer has not previously declared or paid dividends or distributions on such Shares for the prior four quarterly periods; (ii) any increase or decrease by more than 5% (determined on an annualized basis) in the then current quarterly dividend or (iii) any other "special" cash or non-cash dividend on or distribution with respect to the Shares which is, by its terms or declared intent, declared and paid outside the normal operations or normal dividend procedures of the Issuer. EXTRAORDINARY EVENTS: Consequences of Merger Events:

Extraordinary Dividends means any dividends that are defined as Extraordinary Dividends pursuant to Section 991.1405 of the Pennsylvania Insurance Statutes.

Extraordinary Dividends means so much of any dividends received or accrued within the period of two years contemplated in subparagraph (1), as 50

Extraordinary Dividends means any dividend paid by BRND, together with all other dividends payable by BRND in the same calendar year, that has an aggregate absolute dollar value which is greater than $0.25 per share, with the adjustment to the applicable price, if applicable, being a reduction equal to the amount of the excess;