Optional Cash Payments definition

Optional Cash Payments means the cash payments which Participants wish to make in order to participate in the Purchase Plan.
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Optional Cash Payments means payments which Participants wish to make, in addition to the investment of cash distributions, in order to participate in the Purchase Plan. See “Participation in Plans.”
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Optional Cash Payments means additional sums, in excess of reinvested Distributions, which a Participant opts to contribute under the Plan for the purposes of acquiring Plan Shares;
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Examples of Optional Cash Payments in a sentence

  • No interest will be paid by the Company or the Agent on Optional Cash Payments or initial investment.

  • The Discount will not apply to purchases made pursuant to Optional Cash Payments.

  • Since no interest is paid on cash held by the Plan Administrator, it normally will be in your best interest to defer Optional Cash Payments until shortly before commencement of the Pricing Period.

  • No interest will be paid by us or the Plan Administrator on Optional Cash Payments held pending investment.

  • The Administrator will invest Optional Cash Payments made by the Participant in shares of Myers Stock in accordance with the provisions of the Plan.

  • The primary purpose of the Plan is to provide eligible holders of shares of our common stock with a convenient and economical method of increasing their investment in the Company by investing cash dividends or Optional Cash Payments, or both, in additional shares of common stock without payment of any brokerage commission or service charge.

  • Purchases with Reinvested Dividends shall be made within thirty (30) days after the Dividend Payment Date; purchases with Optional Cash Payments shall be made on the Investment Date.

  • In the case of shares purchased on the open market, the Market Price will be the weighted average price paid for all of the common stock purchased by the Plan Administrator as agent for all Participants with the proceeds of reinvested cash dividends and Optional Cash Payments with respect to a particular Investment Date.

  • Optional Cash Payments received by the Plan Administrator after the 25th day of a calendar month shall be invested on the next succeeding Investment Date.

  • Optional Cash Payments will also be invested as of the Investment Date.


More Definitions of Optional Cash Payments

Optional Cash Payments. A participant's optional cash payment must be made by check or money order, payable to Registrar & Transfer Company, and may not be less than $100 nor more than $3,000 per dividend period. Optional cash payments must be received by R&T no more than 30 business days and no less than two business days prior to a dividend payment date. It is anticipated that future dividend payments will ordinarily be made on February 1, May 1, August 1, and November 1. Payments that are not received within this period will be returned to you. A participant may withdraw his or her entire optional cash payment by written notice to R& T not less than 48 hours before such payment is to be invested.
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Related to Optional Cash Payments

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Non-Cash Consideration means consideration in a form other than cash.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Net Proceeds Offer Payment Date has the meaning set forth in Section 4.16.

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Group 1 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 1 Senior Percentage of the Principal Payment Amount for Loan Group 1, (b) the Group 1 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 1 and (c) the Group 1 Senior Liquidation Amount.

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Deferred Net Cash Proceeds shall have the meaning provided such term in the definition of Net Cash Proceeds.