Examples of Special Dividends in a sentence
Profit and Loss Attribution During the Transitional Period Before the Handover Reference Date, other than the Zhongfu Carbon Fiber Special Dividends and Zhongfu Carbon Fiber’s 2020 annual profit distribution, Zhongfu Carbon Fiber will not make any other form of distribution of the accumulated undistributed profits.
For the avoidance of doubt, Effective Distributions Per Share shall be calculated based on Distributions excluding any amount that exceeds a 5% annualized (based on a 365-day year) rate of cash distributions per share exclusive of declared Special Dividends and distributions, if any, as described above.
The remaining amount of the accumulated undistributed profits of Zhongfu Carbon Fiber after the distribution of the Zhongfu Carbon Fiber Special Dividends as at the Handover Reference Date will be jointly enjoyed by all the shareholders of Zhongfu Carbon Fiber in accordance with their shareholding percentages upon the completion of the Equity Transfer after the Audit Reference Date.
Xxxxxx Title: Authorized Person Exhibit A Distribution – shall have the meaning ascribed to such term in Section 2.2 of the Operating Agreement, net of distributions reinvested pursuant to the Company’s Distribution Reinvestment Plan, provided, that Distribution shall not include Special Dividends and Distributions.