Interim Dividend definition
Examples of Interim Dividend in a sentence
A portion of each Attached Warrant entitling the holder to purchase 6.1033% of the Common Stock for which the entire Attached Warrant is exercisable (an "Interim Dividend Warrant") has been allocated to provide for future accrued and unpaid dividends on the Preferred Shares.
In the event of a shortfall in either or both of the foregoing amounts, the Interim Dividend shall be reduced euro-for-euro to match such shortfall.
The Co-operation Agreement also includes an acknowledgement from Fairfax that each of the 2014 Final Dividend, the First Interim Dividend and the Second Interim Dividend shall be permitted on the terms of this announcement.
In such circumstances, Company and Parent shall calculate the amount (such amount, the “Hypothetical Permitted REIT Dividend Amount”) that such Permitted REIT Dividend would have been had to be declared if the First Interim Dividend had been equal to (i) $0.225 per share of Company Common Stock and (ii) $0.25 per share of Company Class A Common Stock.
The Purchaser shall pay the Second Interim Dividend Amount to holders of Second Interim Dividend Ranking Bovis Homes Shares (the “Second Interim Dividend”).