Cumulative Dividends definition

Cumulative Dividends means the sum of all cash dividends paid on a share of common stock during the July 2011 – December 2013 Performance Cycle. The Participant shall not be entitled to receive any dividend payments in conjunction with this award of Performance Units.

Cumulative Dividends means all accumulated, accrued and unpaid dividends.

Cumulative Dividends means the sum of all cash dividends paid on a share of Common Stock during the Performance Cycle.

Examples of Cumulative Dividends in a sentence

• Upon liquidation or dissolution of the Company, any assets remaining after payment of all amounts payable in respect of indebtedness and other obligations of the Company shall be paid to the holders of the Preferred Shares in priority to the holders of the ordinary shares, in the amount equivalent to the par value of Preferred Share per each share held by such holder of the Preferred Shares plus any Cumulative Dividends in Arrears.

• Provided always that ordinary shares resulting from conversion shall have no right to receive any Cumulative Dividends in Arrears during the time they were Preference Shares.

• Such Cumulative Dividends shall be fully cumulative (whether or not earned or declared) and shall be deemed to constitute accrued and unpaid dividends for all purposes hereof even if such additional dividends are not specifically mentioned in any particular context.

• Upon surrender in accordance with the aforesaid provisions of the certificate for any shares so converted (duly endorsed or accompanied by appropriate instruments of transfer), the holder of record of such shares shall be entitled to receive the applicable number of shares of Common Stock (calculated to the nearest 1/1,000,000th of a share) (and cash representing fractional share settlements in respect thereof) at the applicable Exchange Rate plus Full Cumulative Dividends thereon, without interest.

• After the 8th anniversary of the issuance of the Preferred Shares and onwards, the rights conferred to the Preferred Shares shall be as follows: (1) The holders of the Preferred Shares shall be entitled to receive dividends in priority to the holders of the ordinary shares at a rate of THB 0.01 per share per fiscal year (plus any Cumulative Dividends in Arrears).

More Definitions of Cumulative Dividends

Cumulative Dividends shall have the meaning set forth in Section 3.10.

Cumulative Dividends means the aggregate amount of dividends and other distributions paid on a share of Common Stock during the applicable Performance Period, assuming that such dividends and other distributions were reinvested in the Company as of the applicable ex-dividend dates during the applicable Performance Period.

Cumulative Dividends shall have the meaning set forth in Section 2(a).

Cumulative Dividends means the sum of (i) all cash dividends and (ii) the Fair Market Value of all Common Stock dividends as of the payment date for such Common Stock dividends paid on a share of Common Stock during the 2004-2006 Performance Cycle.

Cumulative Dividends means that if no preferred dividends are paid in one year, they accrue to the next so that the preferred shareholders must be paid accrued and current dividends before anything can be paid on the common.

Cumulative Dividends means the aggregate of any dividend paid by a relevant entity from Completion to 31 December 2014. In the event that the Company decides to exercise the Call Option, the Company shall obtain Shareholders’ approval, if required, pursuant to the rules of the Catalist Rules. 2.3.6.Put Option Pursuant to the terms of the Investment Agreement, in the event that:

Cumulative Dividends means and include the Series C Cumulative Dividend, the Series D Cumulative Dividend, the Series E Cumulative Dividend, the Series F Cumulative Dividend, and the Series I Cumulative Dividend.