Dividend Distribution definition

Dividend Distribution means the distribution by the Borrower to Xxxxxxx Water Products of a dividend of not less than $400,000,000, and the further distribution thereof by Xxxxxxx Water Products to New Holdco, collectively.
Dividend Distribution shall have the meaning assigned to it in Section 7.7.
Dividend Distribution means the distribution to SCB Partners by BD LLC of the cash and Buyer Units received by BD LLC from Buyer in exchange for the Equity of ADV LLC.

Examples of Dividend Distribution in a sentence

  • Dividend Distribution ProcedureIn accordance with SEBI Circular no.

  • RELEVANT SHORT COURSES ATTENDED DateAwardSubjectInstitution OTHER PROFESSIONAL QUALIFICATIONS DateAwardSubjectInstitution Section 2: TherapyPlease give the name and professional body of current and previous therapists, with dates of commencement and ending, and details of the frequency of sessions.Please list current therapist first.

  • No Dividend Distribution tax on the amount of dividend/income distribution declared to be paid by domestic Co or Mutual fund will be applicable.

  • SEBI/IMD/Cir No. 1/64057/06 dated April 4, 2006, the procedure for Dividend Distribution would be as under:1.

  • Vide these Regulations, SEBI has inserted Regulation 43A after Regulation 43 of SEBI (LODR) Regulations, 2015, which requires the Company to frame and adopt a Dividend Distribution Policy, which shall be disclosed in its Annual Report and on its website.

  • Section 115-O Tax rate on distributed profits of domestic companies (Dividend Distribution Tax) is 15%, the surcharge on Income tax is at 5%, and the Education Cess 2% and Higher Education Cess is at 1%.

  • If any tax liability arising post redemption on account of change in tax treatment with respect to Dividend Distribution Tax/Capital Gain Tax, by the tax authorities, shall be solely borne by the investors and not by the AMC or Trustee Company.For further details on taxation please refer the clause on taxation in SAI.

  • Until 31 March 2020, the Mutual Fund was charged with the incidence of Dividend Distribution Tax at the point of distribution of income in the form of Dividend to its investors.

  • With effect from 01 April 2020, the incidence of tax has been shifted from the Mutual Fund to the investors whereby any income in the form of Dividend distributed by the Mutual Fund to its investors will not be subject to Dividend Distribution Tax, rather the same would be taxable in the hands of the investor.

  • Accordingly, this Dividend Distribution Policy has been adopted by the Company.


More Definitions of Dividend Distribution

Dividend Distribution means, for each Common Member, the product of (1) the number of Common Units held by such Member and (2) the per share cash dividend, if any, to be paid on such date by Lazard Ltd as declared by the Board of Directors of Lazard Ltd.
Dividend Distribution means the distribution by Tetra of the 15,550,000 Common Shares of the Corporation to its shareholders as a dividend in kind on a pro rata basis concurrently with the Listing;
Dividend Distribution means the Special Distribution to Interpublic due pursuant to Section 5.3(b)(i)(B), 5.3(b)(ii)(B) or 5.3(b)(iii)(A) of the Operating Agreement.
Dividend Distribution. The Seller will distribute all or portion of the remaining Twelve and Five-Tenths Percent (12.5%) to the shareholders of Record of the Seller after the Closing of this Agreement. It is understood that the dividend will be pro-rata pursuant to the ownership of shares in the Seller on the Record Date. It shall be the financial responsibility of the Seller to provide for the costs related to the Dividend Distribution. The Dividend Distribution shall begin no later than ninety days after the Closing Date.
Dividend Distribution has the meaning given to such term in paragraph 2.3(c) of Schedule 2;
Dividend Distribution means a distribution made by the Corporation of cash or other property.

Related to Dividend Distribution

  • In-Kind Distribution Date means , .

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • Deferred Issuance and Distribution has the meaning assigned to such term in the Partnership Agreement.

  • Dividend Record Date has the meaning set forth in Section 3(a).

  • Dividend Date means, in respect of a Preference Share, a date specified in the Issue Resolution on which a Dividend in respect of that Preference Share is payable.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • 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.

  • Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

  • Dividend Disbursing Agent shall have the meaning designated in Section 5.2(e) hereof.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a Wholly Owned 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.

  • Dividend means any dividend (whether interim or final) resolved to be paid on Shares pursuant to the Articles.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Dividends shall have the meaning provided in Section 10.6.

  • Regular Dividend means USD 0.20 per Share per quarter. Upon any adjustment to the “Initial Dividend Threshold” (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.

  • Dividend Payment means dividends (in cash, Property or obligations) on, or other payments or distributions on account of, or the setting apart of money for a sinking or other analogous fund for, or the purchase, redemption, retirement or other acquisition of, any shares of any class of stock of the Company or of any warrants, options or other rights to acquire the same, but excluding dividends payable solely in shares of common stock of the Company.

  • Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.

  • Dividend Rate has the meaning set forth in the Statement.

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Disqualified Stock Dividends means all dividends with respect to Disqualified Stock of the Company held by Persons other than a Wholly Owned 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 tax rate (expressed as a decimal number between 1 and 0) then applicable to the Company.

  • Initial Dividend Rate means, with respect to a series of APS, the rate per annum applicable to the Initial Dividend Period for such series of APS.

  • Distributions means amounts payable in respect of the Trust Securities as provided in Section 4.1.

  • Dividend Payment Date means February 15, May 15, August 15 and November 15 of each year.

  • Non-Cash Dividend means any Dividend which is not a Cash Dividend, and shall include a Spin-Off.