Dividends/Distributions definition

Dividends/Distributions. At the rate per annum of 15% of the liquidation preference of the Series B Preferred, payable semi-annually commencing on the six-month anniversary of the Closing Date. At the option of the Issuer, semi-annual dividends may be paid in cash or may accumulate and compound semi-annually.
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Dividends/Distributions means the means the periodic distribution of profit by the Islamic Asset issuer to holders as prescribed by the terms and conditions of the Islamic Asset and are not guaranteed by the Bank; ردصمُ لبق نم حابرلأل يرودلا عيزوتلا ينعت "تاعيزوتلا / حابرلأا تاعيزوت" ماكحأو طورش يف هيلع صوصنملا وحنلا ىلع اهيلماح ىلع ةيملاسلإا لوصلأا .كنبلا لبق نم ةنومضملا ريغو ةيملاسلإا لوصلأا “EIBOR” shall mean in relation to any Islamic Finance Facility: ليومت ةيقافتا يأب قلعتي اميف ينعت " ةيتاراملإا كونبلا نيب ضرعلا لدعم " :يملاسإ (i) the applicable EIBOR Screen Rate; or .هب لومعملاو ةشاشلا ىلع رهاظلا ةيتاراملإا كونبلا نيب ضرعلا لدعم .i
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Examples of Dividends/Distributions in a sentence

  • The covenant is defined as follows: EBITDA + non-cash restructuring expenses + cash from intercompany loans and/or advances divided by interest expense + Current Maturities of Long Term Debt (prior four quarters) + Cash Taxes + Tangible and Intangible CAPEX (net of financed CAPEX) + Dividends/Distributions + Repayment of Intercompany loans or advances.

  • The term “Debt Service Coverage Ratio” means Borrower’s Net Profits Before Taxes plus Interest Expense plus Depreciation/Amortization Expense less Dividends/Distributions all divided by Current Maturities of Long Term Debt plus Interest Expense.

  • The modified covenant is defined as follows: "EBITDA + Non-cash restructuring expenses divided by Interest expense + Current Maturities of Long Term Debt (prior four quarters) + Cash Taxes + Tangible and Intangible CAPEX (net of financed CAPEX) + Dividends/Distributions".

  • Borrower will maintain a Debt Service Coverage Ratio of at least 1.50 To 1.0: Defined As: (Net Income after Tax + Depreciation/Depletion/Amortization + Interest - Dividends/Distributions +/- Non-Recurring Items) Divided By (Required Annual Principal & Interest Payments).

  • Borrower agrees that while this Agreement is in effect, Borrower shall comply with the following: Maximum Dividends/Distributions shall not be more than 10% of Net Profit on the December 31, 1999 fiscal year end Certified Public Accountant audited statement, No additional third party debt above $160,000.00 without Lender approval.

Related to Dividends/Distributions

  • Dividends means cash dividends and cash distributions with respect to any Pledged Shares or other Pledged Property made in the ordinary course of business and not a liquidating dividend.

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

  • Dividends Paid means the total of all cash dividends paid on one (1) share of stock during the Performance Period.

  • Cash Distributions means dividends, interest and other distributions and payments (including proceeds of liquidation, sale or other disposition) made or received in cash upon or with respect to any Collateral.

  • 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.