Dividend Disbursing Agent definition

Dividend Disbursing Agent shall have the meaning designated in Section 5.2(e) hereof.

Dividend Disbursing Agent means, with respect to the Series A Preferred Shares, American Stock Transfer & Trust Company and its successors or any other dividend disbursing agent appointed by the Trust and, with respect to any other class or series of Preferred Shares, the Person appointed by the Trust as dividend disbursing or paying agent with respect to such class or series.

Dividend Disbursing Agent means the Depositary or any bank or trust company appointed to receive dividends on the deposited Preference Shares and disburse the same to the holders of Receipts, as herein provided.

Examples of Dividend Disbursing Agent in a sentence

• As the Dividend Disbursing Agent, the Company shall, on or before the payment date of any such distribution, notify the Custodian of the estimated amount required to pay any portion of said distribution which is payable in cash and request the Custodian to make available sufficient funds for the cash amount to be paid out.

• As the Dividend Disbursing Agent, the Transfer Agent shall, on or before the Distribution Payment Date, notify the Custodian of the estimated amount required to pay any portion of said distribution that is payable in cash and instruct the Custodian to make sufficient funds available to pay such amounts.

• Subject to the conditions set forth in this Agreement, Fund hereby employs and appoints Service Company as Transfer Agent and Dividend Disbursing Agent effective the date hereof.

• An agreement with an agent to maintain records of the ownership of outstanding Shares, the issuance and redemption and the transfer thereof (any such agent being herein referred to as a "Transfer Agent"), and to disburse any dividends declared by the Trustees and in accordance with the policies of the Trustees and/or the instructions of any particular Shareholder to reinvest any such dividends (any such agent being herein referred to as a "Dividend Disbursing Agent").

• In consideration for the services provided hereunder by Service Company as Transfer Agent and Dividend Disbursing Agent, Fund will pay to Service Company from time to time compensation as agreed upon for all services rendered as Agent, and also all its reasonable out-of-pocket expenses and other disbursements incurred in connection with the agency.

More Definitions of Dividend Disbursing Agent

Dividend Disbursing Agent means, with respect to the Series J Preferred Shares, Computershare Trust Company, N.A. and its successors or any other dividend-disbursing agent appointed by the Fund and, with respect to any other class or series of Preferred Shares, the Person appointed by the Fund as dividend-disbursing or paying agent with respect to such class or series.

Dividend Disbursing Agent means Computershare or any bank or trust company appointed to receive dividends on the deposited Preference Shares and disburse the same to the holders of the Receipts, as herein provided.

Dividend Disbursing Agent means Computershare or any bank or trust company appointed to register ownership and transfers of Receipts and the deposited Preference Shares, as herein provided.

Dividend Disbursing Agent means Equiniti Trust Company, the Corporation’s duly appointed dividend disbursing agent for the Series A Preferred Stock, and any successor appointed under Section 8.

Dividend Disbursing Agent shall have the meaning designated in Section 5.2.(e) hereof.

Dividend Disbursing Agent means, with respect to the Series N Preferred Stock, Computershare Trust Company, N.A. and its successors or any other dividend-disbursing agent appointed by the Corporation and, with respect to any other class or series of Preferred Stock, the2Person appointed by the Corporation as dividend-disbursing or paying agent with respect to such class or series.

Dividend Disbursing Agent means Equiniti Trust Company d/b/a EQ Shareowner Services, the Corporation’s duly appointed dividend disbursing agent for the Series C Preferred Stock, or any successor appointed under Section 9.