Additional Dividend means, in respect of each Preference Share, the dividends (over and above the Scheduled Dividend in respect of that Preference Share) envisaged in clause 9.3.10 of this Memorandum of Association;
Additional Dividend has the meaning set forth in paragraph 3(k) of this Part I.
Additional Dividend has the meaning set forth in paragraph 3(k) of this Part I of Section 12.1.
Examples of Additional Dividend in a sentence
In accordance with clause 4.1 of the Offer Document,the consideration payable by WSP to each accepting Opus shareholder will then reduce by an amount equal to the Additional Dividend (i.e. from $1.85 to $1.78).
On 13 September 2017, WSP agreed to vary its Offer pursuant to Rule 27 of the Takeovers Code to increase the Offer price to $1.85 per Share and to allow Opus to declare an additional cash dividend of $0.07 per Share (plus any available imputation credits) (the Additional Dividend).
Any payment of an Additional Dividend will first be credited against the earliest accumulated but unpaid Additional Dividend due with respect to each share that remains payable.
Such Trust Claimants shall then be entitled to any Additional Dividend payable from the T&N Hercules Fund at the same time as any Additional Dividend is payable to them from the T&N Fund (or would be payable if there were sufficient funds available in the T&N Fund to pay an Additional Dividend).
The Company may redeem all or some of the Preference Shares, in an aggregate amount equal to the issue price of the preference share of HK$100 each plus any unpaid dividends (including any Arrears of Dividend or any Additional Dividend Amount).
More Definitions of Additional Dividend
Additional Dividend. The term "Additional Dividend" shall mean (A) with respect to the first Additional Dividend Period, the Base Additional Dividend, (B) with respect to the second Additional Dividend Period, the Base Additional Dividend multiplied by two, (C) with respect to the third Additional Dividend Period, the Base Additional Dividend multiplied by three, (D) with respect to the fourth Additional Dividend Period, the Base Additional Dividend multiplied by four and (E) with respect to the fifth Additional Dividend Period and all such subsequent Additional Dividend Periods, the Base Additional Dividend multiplied by five, which amount shall be the maximum Additional Dividend. Upon the cure of a Registration Default, the Additional Dividend shall be reset at the Base Additional Dividend for the first subsequent Additional Dividend Period.
Additional Dividend means the sum of any dividends which may be declared by Company with a record date after March 4, 2024 but prior to the Effective Time, other than regularly quarterly dividends not exceeding $0.065 per Company Common Share;
Additional Dividend in respect of any Paragraph 3(a) Dividend means payment to a present or former Holder of a share of RP of an amount which, giving effect to the Retroactive Taxable Allocation made with respect to such Paragraph 3(a) Dividend, would cause such Holder's after-tax return (taking into account both the Paragraph 3(a) Dividend and the Additional Dividend and assuming such Holder is taxable at the Gross-Up Tax Rate) to be equal to the after-tax return which the Holder would have realized if the retroactive allocation of taxable income had not been made. Such Additional Dividend shall be calculated (i) without consideration being given to the time value of money; (ii) assuming that no Holder or former Holder of shares of RP is subject to the Federal alternative minimum tax with respect to dividends received from the Trust; and (iii) assuming that the Holder of the share of RP in respect of which a Retroactive Taxable Allocation was made is taxable at the Gross-Up Tax Rate. An Additional Dividend will not include an amount to compensate for the fact that the Additional Dividend or the retroactive allocation of taxable income may be subject to state and local taxes. The Gross-Up Tax Rate shall be equal to the sum of (i) the percentage of the taxable income included in the Paragraph 3(a) Dividend that is taxable for Federal income tax purposes as ordinary income, multiplied by the greater of (A) the highest marginal Federal corporate income tax rate (without regard to the phase-out of graduated rates) applicable to ordinary income and (B) the highest marginal Federal individual income tax rate applicable to ordinary income (including any surtax but without regard to any phase-out of personal exemptions or any limitation on itemized deductions), and (ii) the percentage of the taxable income included in the Paragraph 3(a) Dividend that is taxable for Federal income tax purposes as long-term capital gain, multiplied by the greater of (A) the highest marginal Federal corporate income tax rate (without regard to the phase-out of graduated rates) applicable to long-term capital gain and (B) the highest marginal Federal individual income tax rate applicable to long-term capital gain (including any surtax, but without regard to any phase-out of personal exemptions or any limitation on itemized deductions).
Additional Dividend means, in relation to each CP Share, an additional
Additional Dividend means part of the Organization’s profit approved by the Committee when reviewing the Report on the Fulfillment of the Finance Plan for the last fiscal year and distributable to the Signatories of the Organization in proportion to their Shares in the Share Capital.
Additional Dividend has the meaning set forth in paragraph 3(k) of this Part I. “Agent Member” means a designated member of the Securities Depository that will maintain records for a Beneficial Owner of one or more shares of RP that has identified such Agent Member in its Master Purchaser’s Letter and that will be authorized and instructed to disclose information to any Remarketing Agent and/or the Paying Agent with respect to such Beneficial Owner.
Additional Dividend means, in respect of each Preference Share, the dividends (over and above the Scheduled Dividend in respect of that Preference Share) envisaged in Article 10.3.10 of this Constitution;