Cash Distribution definition

Cash Distribution means the distribution by the Company to all holders of its Common Stock of cash, other than any cash that is distributed upon a merger or consolidation to which Section 2(h) applies or as part of a distribution referred to in paragraph (4) of Section 2(b).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Cash Distribution has the meaning set forth in Section 2.2(a).

Cash Distribution means any dividend or distribution in respect of the Ordinary Shares that is to be paid or made to Shareholders as a class in cash (in whatever currency) and however described and whether payable out of share premium account, profits, retained earnings or any other capital or revenue reserve or account, and including any cash distribution or payment to Shareholders upon or in connection with a reduction of capital. For the avoidance of doubt, the term "Cash Distribution" does not include consideration paid or any other payments made by UBS Group AG or any of its affiliates in connection with the repurchase of Ordinary Shares in connection with any share buyback programme.

Examples of Cash Distribution in a sentence

• The cash received from such sale will then be distributed to those Registered Owners who as of the Record Date held Unbalanced Certificates, allocated between the Dividend Certificates and the Asset Certificates based on the VWAP Fractions, in cash or Stablecoins, as applicable, as a Cash Distribution.

• Any cash that the Subject Corporation distributes to the Trust in lieu of fractional Spin-Off Securities that otherwise would have been distributed to the Trust in the Spin-Off will be distributed to holders of Dividend Certificates and Asset Certificates, allocated between the Dividend Certificates and the Asset Certificates based on the VWAP Fractions, in cash or Stablecoins, as applicable, as a Cash Distribution.

• Any cash that the Subject Corporation distributes to the Trust in lieu of fractional Underlying Shares that otherwise would have been distributed to the Trust in the Stock Dividend will be distributed to holders of Dividend Certificates as a Cash Distribution.

• Any cash that the Subject Corporation distributes to the Trust in lieu of fractional Property that otherwise would have been distributed to the Trust in the Other Dividend will be distributed to holders of Dividend Certificates in cash or Stablecoins, as applicable, as a Cash Distribution.

More Definitions of Cash Distribution

Cash Distribution has the meaning provided such term in the recitals of this Agreement.

Cash Distribution has the meaning set forth in Section 7.01(f).

Cash Distribution means a cash entitlement accruing to a Security on Loan and consisting of a dividend, interest or other payment paid by an issuer of a Security on Loan.

Cash Distribution means any dividend or distribution in respect of the Ordinary Shares which is to be paid or made to Shareholders as a class in cash (whatever the currency) and however described and whether payable out of share premium account, profits, retained earnings or any other capital or revenue reserve or account, and including a distribution or payment to Shareholders upon or in connection with a reduction of capital.

Cash Distribution means the distribution by the Corporation to holders of its Common Stock of cash, as an ordinary or extraordinary dividend, other than any cash that is distributed upon a merger or consolidation to which Section 7(l) applies or as part of a distribution referred to in paragraph (4) of Section 7(f).

Cash Distribution shall have the meaning set forth in the Recitals.

Cash Distribution means the distribution by the Company to all holders of its Common Stock of cash (excluding any cash that is part of a distribution referred to in subparagraph (j)(v)(E) or cash distributed upon a merger or consolidation described in subparagraph (j)(xii)).