Liquidating Dividend definition

Liquidating Dividend means any dividend or other distribution in respect of any Common Stock or Class B Stock paid in connection with the liquidation, dissolution, bankruptcy or winding up of the Company, any merger of the Company or any sale or other conveyance of all or substantially all the assets of the Company.

Liquidating Dividend has the meaning set forth in Section 4 hereof.

Liquidating Dividend is defined in Section 9.9.

Examples of Liquidating Dividend in a sentence

• This sort of model has a strong intuitive appeal, but it does not seem capable of explaining the experimental data reviewed above.

• Liquidating Dividend (Return Of Original Capital) Advantages of Paying Dividends Investor Preference for DividendsThe investors are more interested in a company that pays stable dividends.

• The final distribution to holders of Limited Shares as part of the liquidation of Limited is referred to herein as the "Liquidating Dividend".

• The Base Dividend will be reduced in the same proportion that the Liquidating Dividend had to the fair market value of the Class A Common Shares prior to the payment of the dividend.

• Limited has received an opinion of DLJ, to the effect that, as of the date of this Agreement, the amount of the proceeds to be received by the holders of the Limited Shares from a Liquidating Dividend or other distribution in the amount of not more than $14.00 per Limited Share is fair to Limited's shareholders from a financial point of view, and a complete and correct signed copy of such opinion has been delivered to Parent.

More Definitions of Liquidating Dividend

Liquidating Dividend shall have the meaning set forth in Section 10(c).

Liquidating Dividend means a dividend upon the Common Stock payable otherwise than in cash out of earnings or earned surplus (determined in accordance with generally accepted accounting principles, consistently applied) except for a stock dividend payable in shares of Common Stock.

Liquidating Dividend means a dividend upon the Common Stock payable otherwise than in cash out of legally available funds (determined in accordance with generally accepted accounting principles, consistently applied) except for a stock dividend payable in shares of Common Stock.

Liquidating Dividend shall have the meaning set forth in paragraph 3B.

Liquidating Dividend has the meaning set forth in Section 6F. --------------------

Liquidating Dividend means any dividend or other distribution in respect of any Common Shares paid in connection with the liquidation, dissolution, bankruptcy or winding up of the Company, any merger of the Company or any sale or other conveyance of all or substantially all the assets of the Company. “Losses” means losses, expenses, costs, liabilities and damages, excluding lost profits and consequential damages, but including interest charges, penalties, fines and monetary sanctions. “Management Services” means, collectively, the Technical Services, the Administrative Services and the Strategic Services. “Management Services Fee” has the meaning ascribed to such term in Section 8.1. “Manager” means Teekay Tankers Management Services Ltd. or any successor thereof permitted in accordance with this Agreement.

Liquidating Dividend shall have the meaning set forth in Section 6. -------------------- "Maximum Foreign Pledge" shall mean, in respect of any Foreign ---------------------- Subsidiary or Foreign Joint Venture Vehicle: (i) prior to the occurrence of a Change in Tax Law Event, the number of Securities representing 66% (or such other threshold amount as may become relevant after the date hereof in determining whether a pledge under a pledge agreement would result in the undistributed earnings of such Foreign Subsidiary or Foreign Joint Venture Vehicle, as relevant, as determined for Federal income tax purposes being treated as a deemed dividend to the Pledgor) of the total combined voting power of all classes of Securities of such Foreign Subsidiary or Foreign Joint Venture Vehicle entitled to vote; and (ii) on and following the occurrence of a Change in Tax Law Event, the number of Securities representing the maximum total combined voting power of all classes of Securities of such Foreign Subsidiary or Foreign Joint Venture Vehicle entitled to vote that may be pledged without creating a deemed dividend to the Pledgor.