Class B Dividends definition

Class B Dividends means the revenue to be generated through the advertisement by using the Concession Asset, and such fee, in case being paid to the Concessionaire, shall be paid to the GoS as dividends for Class B Shares; provided, that any amounts payable to the GoS by the Concessionaire hereunder as dividends for Class B Shares shall be adjusted for any adverse tax impact on the Concessionaire resulting from receipt of such fee. “Cold Storage” shallmean a refrigerated room designed specifically to place Mangoes, other Fruits and/or Vegetables and the relevant Fresh Products and/or Value Added Products, the detailed specifications of the same are described in the Schedule “L” give below (Specifications of Cold Storage).
Class B Dividends means, to the extent the Electricity Reimbursement Payment (as defined in appendix 8 of the Concession Agreement) is not reduced by element ‘V’ (if applicable), the amount by which the Electricity Reimbursement Payment would have been reduced shall be considered aas Class B Dividends;
Class B Dividends means the annual special dividend payable to holders of the Company’s Class B Common Stock, not to exceed an annual aggregate amount of $0.6 million per year plus any additional special dividends payable to the holders of the Company’s Class B Common Stock in an amount not to exceed the fees received by the Company from Worldspan in compliance with clause (13) of Section 5(g) hereof.

Examples of Class B Dividends in a sentence

  • Commencing in calendar Year 2002, Puppel shall be entitled to five (5) weeks of paid vacation.

  • Except for the Unpaid Class B Dividends, there are no accrued and unpaid dividends (whether or not declared) with respect to any outstanding shares of Common Stock.

  • The Concessionaire shall maintain complete and accurate records accounting for all transactions relating to any Relief Order, Relief Compensation, extensions of Time For Completion, Class B Dividends, Change of Scope, minutes of board meetings and shareholder meetings and other records, which records shall be subject to inspection and audit by the Agency, the Independent Engineer and the Independent Auditor/Expert.

Related to Class B Dividends

  • Preferred Dividends means, with respect to any Person, dividends or other distributions which are payable to holders of any Equity Interests in such Person which entitle the holders of such Equity Interests to be paid on a preferred basis prior to dividends or other distributions to the holders of other types of Equity Interests in such Person.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of such Preferred Stock.

  • Accumulated Dividends means, with respect to any share of Preferred Stock, as of any date, the aggregate accumulated and unpaid dividends on such share from the Issue Date until the most recent Dividend Payment Date on or prior to such date. There shall be no Accumulated Dividends with respect to any share of Preferred Stock prior to the first Dividend Payment Date.

  • Accrued Dividends means, with respect to any share of Preferred Stock, as of any date, the accrued and unpaid dividends on such share from and including the most recent Dividend Payment Date (or the Issue Date, if such date is prior to the first Dividend Payment Date) to but not including such date.

  • Cash Dividends shall have the meaning set forth in Section 3(a).