Dividend Distribution definition

Dividend Distribution means the distribution by ▇▇▇▇▇▇▇ Group to ▇▇▇▇▇▇▇ Water Products, and the further distribution by ▇▇▇▇▇▇▇ Water Products to New Holdco of a dividend on or prior to the Closing Date of not less than $400,000,000.

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Dividend Distribution shall have the meaning assigned to it in Section 7.7.

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.

Examples of Dividend Distribution in a sentence

Unless and until a Default shall occur and is continuing and the Agent (acting on the instructions of the Majority Lenders) shall direct to the contrary, the Borrower may withdraw moneys from the Dividend Distribution Account for any purpose.
Repayment of developer’s fee loaned is treated as a Limited Dividend Distribution and is subject to the limitations set forth herein.
In accordance with the terms of this Agreement, on the Settlement Date and each Dividend Distribution Date, if any, the Holder of a Unit, with respect to each Unit held, shall be entitled to receive an amount equal to the value of the amount paid or distributed to each Stockholder with respect to each Share, in the form of cash or, at the election of the Corporation, other property with a value equal to the property otherwise distributable or payable under the terms of this Agreement.
All prorations other than the Dividend Distribution Offset set forth in Section 8.10(j) shall be based upon a fraction determined by dividing the number of days elapsed through the date of the Closing by 365.
Any such amount or distribution to which a Holder becomes entitled shall be paid or made by the Corporation to such Holder within five (5) Business Days (as defined below) of such Settlement Date or Dividend Distribution Date.

More Definitions of Dividend Distribution

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.

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 means the distribution by the Borrower to Mueller Water Products of a dividend of not less than

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 a distribution made by the Corporation of cash or other property.

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 means a company’s payment of profits that it earned from business activities to its shareholders under the Korean Commercial Code (the “KCC”) and is important to shareholders in terms of return on investment as well as to the company itself in terms of business policy. The KCC classifies dividends paid by a joint-stock company into regular dividends and interim dividends depending on when such dividends are paid.1 Regular dividends are paid once a year by a resolution of the ordinary general meeting of shareholders (“GMS”) (or the board of directors, “BOD”) (Article 462 of the KCC). On the other hand, interim dividends may be paid by a company that settles accounts once a year in the event its articles of incorporation (“AOI”) provides that it may pay dividends to those who are shareholders on a reference date which falls within the period of account settlement and selected by a resolution of the BOD (Article 462-3 of the KCC).