Eligible Dividend definition
Examples of Eligible Dividend in a sentence
The amount of any deemed dividend resulting from application of Subsection 84(3) of the Tax Act to the repurchase of the EnCana Common Shares held by Acquisition Sub is hereby designated by EnCana as an Eligible Dividend.
Subject to a decision by the directors under rule 14.1(b), Election Forms received after 5pm (local time) on the trading day following the Record Date for the relevant Eligible Dividend are not effective for that dividend but are effective for any subsequent Record Date.
Where the Eligible Dividend for the Participating Shares is dealt with by the Company under rule 5.2(b), it constitutes full and final payment by the Company of the Eligible Dividend for the Participating Shares to the relevant Shareholder.
Each of the Sellers that has received a dividend from Holdco and/or the Company will enter into an Excessive Eligible Dividend Designation Agreement substantially in the form provided in Exhibit E and each of the Sellers that has received a capital dividend from Holdco and/or the Company will enter into an Excess Capital Dividend Agreement substantially in the form provided in Exhibit F.
At the time that SEI Trust commences offering this service, this service will be limited to DTCC Eligible Dividend Service (EDS) securities only.] • Provide any and all required information in connection with tax reclaim activities directly to the Special Third Party Vendor.