Common use of Notice of Dividends; Fixing of Record Date for Holders of Receipts Clause in Contracts

Notice of Dividends; Fixing of Record Date for Holders of Receipts. Whenever any cash dividend or other cash distribution shall become payable or any distribution other than cash shall be made, or if rights, preferences or privileges shall at any time be offered, with respect to Stock, or whenever the Depositary shall receive notice of any meeting of which holders of Stock are entitled to vote or any meeting of which holders of Stock are entitled to notice, or whenever the Depositary and the Company shall decide it is appropriate, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Stock) for the determination of the holders of Receipts who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or to give instructions for the exercise of voting rights at any such meeting, or who shall be entitled to notice of such meeting or for any other appropriate reason.

Appears in 8 contracts

Samples: Deposit Agreement (Southern Union Co), Deposit Agreement (Household International Inc), Deposit Agreement (HSBC Finance CORP)

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Notice of Dividends; Fixing of Record Date for Holders of Receipts. Whenever (i) any cash dividend or other cash distribution shall become payable payable, or any distribution other than cash shall be made, made or if any rights, preferences or privileges shall at any time be offered, with respect to the Stock, or whenever (ii) the Depositary shall receive notice of any meeting of at which holders of Stock are entitled to vote or any meeting of which holders of Stock are entitled to notice, or whenever the Depositary and the Company shall decide it is appropriate, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Stock) for the determination of the holders of Receipts (x) who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or (y) who shall be entitled to give instructions for the exercise of voting rights at any such meeting, meeting or who shall be entitled to receive notice of such meeting or for any other appropriate reasonmeeting.

Appears in 3 contracts

Samples: Deposit Agreement (Apache Corp), Deposit Agreement (Apache Corp), Deposit Agreement (Apache Corp)

Notice of Dividends; Fixing of Record Date for Holders of Receipts. Whenever any cash dividend or other cash distribution shall become payable or payable, any distribution other than cash shall be made, or if any rights, preferences or privileges shall at any time be offered, with respect to the Preferred Stock, or whenever the Depositary shall receive notice of (i) any meeting of at which holders of Preferred Stock are entitled to vote or any meeting of which holders of Preferred Stock are entitled to notice, notice or whenever (ii) any election on the Depositary and part of the Company shall decide it is appropriateto redeem any shares of Preferred Stock, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Preferred Stock) for the determination of the holders of Receipts who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or to give instructions for the exercise of voting rights at any such meeting, meeting or who shall be entitled to receive notice of such meeting or for any other appropriate reasonwhose Depositary Shares are to be so redeemed.

Appears in 2 contracts

Samples: Deposit Agreement (Level 3 Communications Inc), Deposit Agreement (Ventas Inc)

Notice of Dividends; Fixing of Record Date for Holders of Receipts. Whenever (i) any cash dividend or other cash distribution shall become payable or any distribution other than cash shall be made, or if rights, preferences or privileges shall at any time be offered, with respect to the Stock, or whenever (ii) the Depositary shall receive notice of any meeting of at which holders of Stock are entitled to vote or any meeting of which holders of Stock are entitled to notice, or whenever the Depositary and the Company shall decide it is appropriate, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Stock) for the determination of the holders of Receipts Depositary Shares (x) who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or (y) who shall be entitled to give instructions for the exercise of voting rights at any such meeting, in connection with such written consent or who shall be entitled to receive notice of such meeting or for any other appropriate reasonreasons. The Company shall advise the Depositary of all such record dates.

Appears in 1 contract

Samples: Amendment and Ratification Agreement (Ico Inc)

Notice of Dividends; Fixing of Record Date for Holders of Receipts. Whenever any cash dividend or other cash distribution shall become payable or payable, any distribution other than cash shall is proposed to be made, or if any rights, preferences or privileges shall at any time be offered, with respect to Stockthe deposited Preferred Shares, or whenever the Depositary shall receive notice of (i) any meeting of at which holders of Stock such Preferred Shares are entitled to vote or any meeting of which holders of Stock such Preferred Shares are entitled to notice, notice or whenever (ii) any election on the Depositary and part of the Company shall decide it is appropriateto redeem any such Preferred Shares, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the StockPreferred Shares) for the determination of the holders of Receipts who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereofprivileges, or to give instructions for the exercise of voting rights at any such meeting, meeting or who shall be entitled to receive notice of such meeting or for any other appropriate reasonof the determination of which Depositary Shares are to be so redeemed.

Appears in 1 contract

Samples: Deposit Agreement (Boykin Lodging Co)

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Notice of Dividends; Fixing of Record Date for Holders of Receipts. Whenever any cash dividend or other cash distribution shall become payable or any distribution other than cash shall be made, or if rights, preferences or privileges shall at any time be offered, with respect to the Stock, or whenever the Depositary shall receive notice of any meeting of at which holders of the Stock are entitled to vote or any meeting of which holders of the Stock are entitled to notice, or whenever wherever the Depositary and the Company shall decide it is appropriate, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the Stock) for the determination of the holders of Receipts who shall be entitled to receive such dividend, distribution, rights, preferences or privileges or the net proceeds of the sale thereof, or to give instructions for the exercise of voting rights at any such meeting, or who shall be entitled to notice of such meeting or for any other appropriate reasonreasons. The Company shall give the Depositary not less than 10 days' notice prior to fixing any record date with respect to the Stock for any of the aforementioned purposes.

Appears in 1 contract

Samples: Deposit Agreement (Nationsbank Corp)

Notice of Dividends; Fixing of Record Date for Holders of Receipts. Whenever any cash dividend or other cash distribution shall become payable or payable, any distribution other than cash shall be made, or if rightsany powers, preferences or privileges rights shall at any time be offered, with respect to Stockthe deposited Shares, or whenever the Depositary shall receive notice of (i) any meeting of at which holders of Stock such Shares are entitled to vote or any meeting of which holders of Stock such Shares are entitled to notice, notice or whenever (ii) any election on the Depositary and part of the Company shall decide it is appropriateto redeem any such Shares, the Depositary shall in each such instance fix a record date (which shall be the same date as the record date fixed by the Company with respect to the StockShares) for the determination of the holders of Receipts who shall be entitled to receive such dividend, distribution, rightspowers, preferences or privileges rights or the net proceeds of the sale thereof, or ; to give instructions for the exercise of voting rights at any such meeting, meeting or who shall be entitled to receive notice of such meeting or for any other appropriate reasonwhose Depositary Shares are to be so redeemed.

Appears in 1 contract

Samples: Deposit Agreement (AXIS Specialty Finance LLC)

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