Ordinary Distribution definition

Ordinary Distribution means any distribution or other transfer of value from BidCo to its shareholders which does not in any financial year exceed an amount equal to 100 per cent. of the consolidated annual net profit of BidCo and its subsidiaries for the preceding financial year as shown in the audited annual financial statements of BidCo and its subsidiaries for that financial year, but:

Ordinary Distribution means any Distribution which the Company pays to the ordinary Shareholders from profits of the Company, generated in the Ordinary Course of Business;

Ordinary Distribution is defined in Section 6.1(a).

Examples of Ordinary Distribution in a sentence

• CD: The amount of Cash Distribution per Unit OD: The amount of Ordinary Distribution per Unit, provided that the Ordinary Distribution and the Cash Distribution shall have the same ex-entitlement date.

• For the avoidance of doubt, the OD shall be zero if the ex-entitlement dates of the relevant Ordinary Distribution and Cash Distribution are different In addition, the Issuer shall adjust the Exercise Price (which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Component, where the reciprocal of the Adjustment Component means one divided by the relevant Adjustment Component.

• Actualisation Date means: 1) the 15th calendar day of each calendar month or if such date is not a Valuation Date, the immediately succeeding Valuation Date; and2) each day as of which any event or corporate action which gives rise to an adjustment made by the Calculation Agent in respect of the Additional Terms and Conditions for Index Linked Warrants occurs or which is an ex date in respect of a Gross Ordinary Distribution for the Underlying.

• For avoidance of doubt, the OD shall be zero if the Ordinary Distribution and the Cash Distribution have different ex-entitlement dates In addition, the Issuer shall adjust the Exercise Price (which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Component, where the “reciprocal of the Adjustment Component” means one divided by the relevant Adjustment Component.

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Distribution and Cash Distribution are different In addition, the Issuer shall adjust the Strike Price and the Call Price (both of which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Component, where the reciprocal of the Adjustment Component means one divided by the relevant Adjustment Component.

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Distribution and Cash Distribution are different In addition, the Issuer shall adjust the Exercise Price (which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Factor, where the reciprocal of the Adjustment Factor means one divided by the relevant Adjustment Factor.

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Distribution and Cash Distribution are differentIn addition, the Issuer shall adjust the Exercise Price (which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Factor, where the reciprocal of the Adjustment Factor means one divided by the relevant Adjustment Factor.

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Distribution and Cash Distribution are different In addition, the Issuer shall adjust the Strike Price and the Call Price (each of which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Factor, where the reciprocal of the Adjustment Factor means one divided by the relevant Adjustment Factor.

• To be sure, the Rule 23(b)(2) members release only their § 1681k claims against BIG, while those receiving the larger payouts in the Automatic Payment Class agree not to bring any FCRA action against BIG arising from the time period covered in this litigation.

• At 31 December 2014 the company held 100% of the allotted equity share capital of the following:- Name of subsidiary undertaking Country of registration and incorporation Class of sharecapital held Nature of business Ross Diversified Trading Limited (formerly Sansui Electronics (UK) Limited)England and Wales Ordinary Distribution ofconsumer electronic branded products.

More Definitions of Ordinary Distribution

Ordinary Distribution means any Distribution which the Company pays to the ordinary Shareholders from profits of the Company generated in the ordinary course of business;

Ordinary Distribution means a Distribution or part of a Distribution, that is not attributable to an Adjustment Event.

Ordinary Distribution any payment or distribution to holders of issued Equity Shares in respect of such shares;

Ordinary Distribution means the Issuer's pro rata share of any distribution or other transfer of value from BidCo to its shareholders which in any financial year does not exceed an amount equal to 100 per cent. of the consolidated annual net profit of BidCo for the preceding financial year as shown in the audited annual financial statements of BidCo for that financial year but (a) excluding for these purposes any profit attributable to any Capital Gains and (b) disregarding in the establishment of any net profit any amount attributable to linear amortisation of goodwill or any other any intangible assets, net of deferred tax, resulting from any acquisition related purchase price allocation.