Capital Distribution. Distributing to participants, once within the first 15 years from the date of settlement legislation, capital up to a maximum amount per participant, expressed in dollars, equal to the product of 3,541 and the quotient obtained when the latest available monthly value of the Consumer Price Index (“CPI”) at the time the distribution is made is divided by the CPI in respect of April 1991.
Capital Distribution. (i) The Board agrees, subject to the existence of lawfully available funds and consistent with the Board’s fiduciary duties, without taking into account any acquisition by the Company not currently publicly announced, to commence or implement a stock repurchase program, self tender offer, cash dividend or other transaction or series of transactions (the “Capital Distribution”) in the amount of $40 million (inclusive of any currently available funds related to the Company’s currently authorized stock repurchase program, which was announced in June 2010) to be commenced or implemented during the calendar quarter ending March 31, 2011 and completed prior to December 31, 2011.
Capital Distribution. If and whenever the Company shall pay or make any Capital Distribution to the Shareholders (except where and to the extent that the Conversion Price falls to be adjusted under sub-paragraph (ii) above), the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately prior to such Capital Distribution by the following fraction: A - B A where : A is the Current Market Price of one Share on the dealing day immediately preceding the date on which the Capital Distribution is publicly announced or (failing such announcement) the dealing date immediately preceding the date of the Capital Distribution; and B is the fair market value on the date of such announcement (or as the case may require, the dealing date falling on the date of the Capital Distribution), as determined in good faith by the Approved Investment Bank or the Auditors, acting as an expert, of the portion of the Capital Distribution attributable to one Share. Provided that if in the opinion of the Approved Investment Bank or the Auditors, the fair market value as aforesaid produces a result which is significantly inequitable, the Approved Investment Bank or the Auditors may, acting as an expert, instead determine (and in such event the above formula shall be construed accordingly) the amount which should properly be attributed to the value of the Capital Distribution. Such adjustment shall become effective on the date that such Capital Distribution is announced or (as the case may require), the dealing date falling on the date of such Capital Distribution.
Capital Distribution. If and whenever the Company shall pay or make any distribution to the Shareholders (except to the extent that the Conversion Rejection Price falls to be adjusted as described in (ii) above), the Conversion Rejection Price shall be adjusted by multiplying the Conversion Rejection Price in force immediately before such distribution by the following fraction: A – B A where: A is the Current Market Price of one Share on the Trading Day immediately prior to the first Trading Day on which such Share is traded ex-dividend or ex-distribution; and B is the fair market value on such Trading Day of the portion of the distribution attributable to one Share. Such adjustment shall become effective on the day on which the Shares are traded ex-entitlement on the Relevant Stock Exchange or if later, the first date upon which the fair market value of the distribution is capable of being determined. In making any calculation pursuant to this (iii), such adjustments (if any) shall be made as the Calculation Agent may consider appropriate to reflect (a) any consolidation or subdivision of the Shares, (b) issues of Shares by way of capitalisation of profits or reserves, or any like or similar event, (c) the modification of any rights to dividends of Shares or (d) any change in the fiscal year of the Company;
Capital Distribution. Promptly following the consummation of the PIPE Financing pursuant to Section 2.1(d), the Surviving Company shall distribute an amount of cash equal to the Capital Distribution Amount to the Company by way of a return of capital distribution under Cayman Islands law.
Capital Distribution. Subject to applicable Law, prior to the Closing, Parent shall cause Ally Credit Canada Limited to make a capital distribution, in the form of cash or securities, in an amount of at least $250,000,000 up to the paid-up capital of Ally Credit Canada Limited (the “Distribution”). Prior to the Closing, Parent shall seek in good faith to increase the amount of the Distribution to an amount that is greater than $250,000,000 but no greater than $900,000,000; provided that the Parties have mutually agreed upon a plan, satisfactory to each Party, to effect such increased Distribution (with each Party acting reasonably). Purchaser shall cooperate with Parent in planning and structuring the manner in which Ally Credit Canada Limited effects the Distribution, and Parent shall consult with Purchaser in connection with any proposed distribution of securities as part of the Distribution.
Capital Distribution. If and whenever the Issuer shall pay or make any Capital Distribution to the Shareholders (except where the Conversion Price falls to be adjusted under (2) above), the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before such Capital Distribution by the following fraction: A - B A where: A is the Current Market Price of one Share on the last Trading Day preceding (a) the date on which the Capital Distribution is publicly announced or (b) (where no such announcement is required to be made under the Listing Rules) the record date of the Capital Distribution; and B is the Fair Market Value on the date of such announcement (or, where no such announcement is required to be made under the Listing Rules, such record date) of the portion of the Capital Distribution attributable to one Share. Such adjustment shall become effective on the date that such Capital Distribution is made. For the avoidance of doubt, Capital Distribution excludes all cash distributions paid to the Shareholders.
Capital Distribution. If at any time from and after the occurrence of a Triggering Event, the Company shall pay or make any Capital Distribution to its shareholders, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before such Capital Distribution by the following fraction: A-B A where: A shall mean the Current Market Price of one Ordinary Share on the last business day preceding the date of the Capital Distribution is publicly announced; and B shall mean the Fair Market Value on the date of such announcement, immediately after the Capital Distribution, of the portion of the Capital Distribution attributable to one Ordinary Share. Such adjustment shall become effective on the date that such Capital Distribution is made.
Capital Distribution. Participation percentage of the applicant or its promoting group in the paid capital of the projected institution;
Capital Distribution. If and whenever the Issuer shall pay or make any Capital Distribution to the Shareholders (except where the Exercise Price falls to be adjusted under Condition 6.5(b) above), the Exercise Price shall be adjusted by multiplying the Exercise Price in force immediately before such Capital Distribution by the following fraction: A − B A where: A is the Current Market Price of one Share on the last Trading Day preceding the date on which the Capital Distribution is publicly announced; and B is the Fair Market Value on the date of such announcement of the portion of the Capital Distribution attributable to one Share. Such adjustment shall become effective on the date that such Capital Distribution is made.
