Special Dividend Amount means an amount equal to the maximum amount approved by the OCC for the declaration and payment of a dividend by the Bank or any other return of, or reduction in, the Bank’s capital in connection with the consummation of the Transactions; provided that (a) the Special Dividend Transaction shall not result in the Estimated Closing TBV being more than the Maximum Closing TBV and (b) if the Special Dividend Transaction would result in the Estimated Closing TBV being less than the Target Closing TBV, then the Special Dividend Amount shall be reduced to an amount so that the Special Dividend Transaction would result in the Estimated Closing TBV being equal to the Target Closing TBV.
Special Dividend Amount means an amount sufficient to establish CBS’s opening gross debt balance from continuing operations as of the Separation Date at $7.0 billion, as calculated pursuant to, and subject to such adjustments as are described in, Schedule 2.08(a).
Special Dividend Amount shall have the meaning set forth in Section 12.3.
Examples of Special Dividend Amount in a sentence
Company shall use commercially reasonable efforts to obtain the approval of the Connecticut Insurance Department to the Special Dividend in an amount equal to the Special Dividend Amount.
More Definitions of Special Dividend Amount
Special Dividend Amount means the amount determined by Delta after considering in good faith the estimated adjusted tax bases of the assets and liabilities of the Ultra Business; provided, however, that in no event shall the sum of the Special Dividend Amount and the Debt Exchange Amount exceed the Maximum Dividend/Exchange Amount.
Special Dividend Amount means the cash amount of any Special Dividend paid to Asciano Shareholders.
Special Dividend Amount means an amount equal to the maximum amount approved by the OCC for the declaration and payment of a dividend by the Bank or any other return of, or reduction in, the Bank’s capital in connection with the consummation of the Transactions; provided that (a) the Special Dividend Transaction shall not result in the Estimated Closing TBV being more than the Maximum Closing TBV and (b) if the Special Dividend Transaction would result in the Estimated Closing TBV being less than the Target Closing TBV, then the Special Dividend Amount shall be reduced to an amount so that the Special Dividend Transaction would result in the Estimated Closing TBV being equal to the Target Closing TBV. “Special Dividend Approval” has the meaning set forth in Schedule 3. “Special Dividend Transaction” has the meaning set forth in Section 5.15.
Special Dividend Amount means the product of (x) $12.55 multiplied by (y) the aggregate number of Company Common Shares outstanding at the close of business on the Final Condition Satisfaction Date.”
Special Dividend Amount means $2.50, unless the quotient of (a) the sum of (i) the increase in Retained Earnings for the period from January 1, 2020 to the Business Day prior to the Closing Date plus (ii) Transaction Expenses, not to exceed $50,000,000, to the extent reducing such Retained Earnings, divided by (b) the Company Common Shares issued and outstanding as of the Closing Date is less than $1.00, in which case the Special Dividend Amount shall equal the sum of (x) such quotient plus (y) $1.50; provided, however, in no event shall the Special Dividend be less than $1.50.
Special Dividend Amount means the quotient of $50,000,000 divided by the number of IFG Common Stock Equivalents as of the Effective Time.
Special Dividend Amount means an amount equal to the maximum amount approved by the OCC for the declaration and payment of a dividend by the Bank or any other return of, or reduction in, the Bank’s capital in connection with the consummation of the Transactions; provided that