Guaranteed Dividend definition

Guaranteed Dividend means the percentage of the Share Capital approved by the Committee when reviewing the Organization’s Finance Plan for the next fiscal year and distributable to the Signatories of the Organization in proportion to their Shares in the Share Capital.
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Guaranteed Dividend has the meaning as set out in Preamble (G).
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Guaranteed Dividend. (hereinafter, the “Dividend”) means the dividend distributable to the Signatories of the Organization in proportion to their Shares in the Share Capital. The Dividend is calculated as a part of the Organization’s profit and is approved by the Committee when reviewing the Report on the Fulfilment of the Finance Plan of the Organization for the previous fiscal year.
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Examples of Guaranteed Dividend in a sentence

  • Likewise, all outside shareholders shall be treated equally if BorgWarner Germany, in a settlement to avert or terminate proceedings concerning the adequacy of the Guaranteed Dividend (“Spruchverfahren”) pursuant to the German Act on Appraisal Proceedings (“Spruchverfahrensgesetz”), agrees to a higher Guaranteed Dividend vis-à-vis a BERU shareholder.

  • If this agreement ends during a financial year of GSW or GSW declares a short financial year during the period in which the obligation to assume losses pursuant to Section 3(1) of this agreement is effective, the Guaranteed Dividend is reduced pro rata temporis.

  • Truck & Bus GmbH guarantees that it will pay to the outside shareholders of MAN in respect of the fiscal year 2013 of MAN a certain portion of the profit pursuant to Clause 4.3 below as adequate cash compensation ("Guaranteed Dividend") (Garantiedividende).

  • In the event that shareholders of GSW exchange their GSW shares for shares of Deutsche Wohnen before receiving a dividend and/or payment under the Guaranteed Dividend for the financial year 2014 or subsequent financial years they shall as far as practically and legally possible be granted shares in Deutsche Wohnen that participate in profit from the start of the last financial year that ended before they were created.

  • To the extent that the dividend paid by va-Q-tec for the business year 2024 (including any interim payments, but before deduction of any withholding taxes (Quellensteuern)) per no-par value registered share of va-Q-tec with a pro-rata value of EUR 1.00 in the share capital of va-Q-tec (each a "va-Q-tec Share") is less than the Guaranteed Dividend, Fahrenheit AcquiCo will pay to each outside shareholder of va-Q- tec the corresponding difference per va-Q-tec Share ("Guaranteed Payment").

  • To the extent the dividend paid by GSW for a financial year (including any part payments) for each no-par share of GSW is less than the Guaranteed Dividend, Deutsche Wohnen will pay each minority shareholder of GSW the difference for each no-par share.

  • This deduction is to be calculated only on the basis of the pro rata Guaranteed Dividend of EUR 3.19 per no-par value share, included in the gross amount, arising from profits subject to German corporate income tax plus solidarity surcharge.

  • Under this Section 6.1 in particular payments as the result of judicial appraisal proceedings (Spruchverfahren) pursuant to the German Appraisal Proceedings Act (Spruchverfahrensgesetz) in relation to the appropriateness of the amount of the Cash Consideration and/or the Guaranteed Dividend, or any settlement (Vergleich) in relation thereto, shall be excluded.

  • To the extent that the dividend paid for the fiscal year 2013 of MAN (including any payments on account) for each share of MAN falls short of the Guaranteed Dividend, Truck & Bus GmbH will pay to each outside shareholder of MAN the corresponding difference per share.

  • Similarly, all other minority shareholders will be treated in the same way if Deutsche Wohnen commits to a higher Guaranteed Dividend for a GSW shareholder in a settlement to avoid or end proceedings pursuant to Section 1 number 1 German Act on Appraisal Proceedings.