Reference Dividend Amount definition

Reference Dividend Amount means, as of any date of determination, an amount equal to the gross cash dividend proceeds that would have been received by a Reference Holder during the period from and excluding the prior Coupon Valuation Date through such date of determination; provided, that in the event that no prior Coupon Valuation Date has occurred as of such date of determination, the applicable period will begin as of the Pricing Date. Any non-cash dividends that would be received by a Reference Holder during any period of determination will be converted into cash by the Calculation Agent and will be included in the gross cash dividend proceeds for purposes of this calculation.
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Reference Dividend Amount means, as of any Coupon Payment Date, an amount equal to the gross cash dividends that would have been received by a Reference Holder in respect of a quantity of Index Components held by such Reference Holder on an “ex-dividend date” with respect to any Index Component, which “ex-dividend date” occurred during the period from and including the first Index Business Day following the Initial Measurement Period to and excluding the immediately preceding Coupon Valuation Date. Any non-cash dividends that would be received by a Reference Holder during any period of determination will be valued in cash by the Calculation Agent and will be included in the gross cash dividend proceeds for purposes of this calculation.
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Reference Dividend Amount has the meaning set forth in Section 2.17(f).
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Examples of Reference Dividend Amount in a sentence

  • Notwithstanding the foregoing, if an adjustment is required to be made under this paragraph as a result of a distribution that is not a quarterly dividend, the Reference Dividend Amount will be deemed to be zero.

  • The Reference Dividend amount is subject to adjustment in a manner inversely proportional to adjustments to the Exchange Rate; provided that no adjustment will be made to the Reference Dividend Amount for any adjustment made to the Exchange Rate under this paragraph (d).

  • Notwithstanding anything to the contrary in this Section 8.06(d), if an adjustment to the Conversion Rate is required to be made as a result of a distribution that is not a regular quarterly dividend either in whole or in part, the Reference Dividend Amount shall be deemed to be zero for purposes of determining the adjustment to the Conversion Rate as a result of such distribution.

  • Notwithstanding anything to the contrary in this Section 8.06(d), if an adjustment to the Conversion Rate is required to be made as a result of a distribution that is not a Regular Quarterly Cash Dividend either in whole or in part, the Reference Dividend Amount shall be deemed to be zero for purposes of determining the adjustment to the Conversion Rate as a result of such distribution.

  • The Reference Dividend Amount is subject to adjustment in a manner inversely proportional to adjustments to the Exchange Rate; provided that no adjustment will be made to the Reference Dividend Amount for any adjustment made to the Exchange Rate under this paragraph (d).


More Definitions of Reference Dividend Amount

Reference Dividend Amount has the meaning set forth in Section 10.05(vi).
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Reference Dividend Amount has the meaning specified in Section 15.05(d).
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