Dividend Account. The Transfer Agent will maintain a Dividend Account for the Fund. This account shall be established and operated so as to satisfy the following criteria:
Dividend Account. (a) No later than the Closing Date, on behalf of the Trust Fund, the Servicer shall establish and maintain, or cause to be established and maintained, the Dividend Account which shall be an Eligible Account. The investment of funds in the Dividend Account shall be as provided in Section 3.12.
Dividend Account. (a) No later than the Closing Date, on behalf of the Trust Fund, the Servicer shall establish and maintain, or cause to be established and maintained, a separate, segregated account which shall be entitled "Xxxxx Fargo Bank Minnesota, National Association, as Trustee, in trust for the registered holder of the Dividend Account Certificate issued by First Franklin Mortgage Loan Trust 2002-FF4" and which shall be an Eligible Account. The investment of funds in the Dividend Account shall be as provided in Section 3.12.
Dividend Account. The Dividend Account shall only hold deposits in an amount sufficient for CatchMark Timber to make dividends, distributions or other payments to its shareholders permitted under Section 7.2.6(x) or (y) which have been declared but not made.
Dividend Account. 82 ARTICLE IV FLOW OF FUNDS SECTION 4.01. Distributions..................................................................................85 SECTION 4.02. Reserved.......................................................................................90 SECTION 4.03. Statements.....................................................................................90 SECTION 4.04. Remittance Reports; Advances...................................................................93 SECTION 4.05. [Reserved].....................................................................................95 SECTION 4.06. [Reserved].....................................................................................95 SECTION 4.07. Distributions on the REMIC Regular Interests...................................................95 SECTION 4.08. Allocation of Realized Losses..................................................................96 ARTICLE V THE CERTIFICATES SECTION 5.01. The Certificates...............................................................................98 SECTION 5.02. Registration of Transfer and Exchange of Certificates..........................................98 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.............................................103 SECTION 5.04. Persons Deemed Owners.........................................................................104 SECTION 5.05. Appointment of Paying Agent...................................................................104
Dividend Account. Springs will establish a dividend account in respect of the stock portion of Participant's Award that is deferred as Deferred Stock under this ss.8. The dividend account will be credited with dividend equivalents and interest in accordance with the following procedures:
Dividend Account. The Committee shall establish and maintain, for the Participant, a separate Dividend Account to record the undistributed Dividend Amounts of the Participant.
Dividend Account. The Participant shall have a vested (non-forfeitable) right to the amount credited to his Dividend Account equal to: (1) the product of (a) the total of all Dividend Amounts to which the Participant has become entitled (including portions of such Dividend Amounts which have been distributed to the Participant), multiplied by (b) the Participant's Vesting Percentage (as determinedunder Section 6.1(A); less
Dividend Account. The Corporation shall cause an account (the “Dividend Account”) to be established and maintained as part of the records of the Corporation to evidence the aggregate cash dividend equivalents accrued by the Employee from time to time under this Section. If the Corporation pays a cash dividend on the Corporation Stock, the Employee shall accrue in his or her Dividend Account a cash dividend equivalent with respect to the Restricted Stock Units covered by this Award as of the record date for the dividend, with each Restricted Stock Unit being equivalent to one share of Corporation Stock. No interest shall accrue on any amounts reflected in the Dividend Account. Subject to, and as promptly as practicable following, the vesting of the Restricted Stock Units, the Corporation shall pay an amount in cash (without interest and subject to applicable withholding taxes) to the Employee equal to the aggregate cash dividend equivalents accrued in the Employee’s Dividend Account. In the event that the Employee forfeits Employee’s rights to the Restricted Stock Units, the Employee also shall be deemed to have forfeited Employee’s rights to any cash dividend equivalents accrued in the Employee’s Dividend Account.
Dividend Account. (a) At least 30 days prior to the declaration of any Dividends arising from or out of the Must Have Limited Shares, the Borrower shall open the Dividend Account and shall provide notice in writing to the Security Trustee of all relevant details in respect of such Dividend Account.
