First Dividend definition

First Dividend means the dividend payable with respect to the Corporation’s Common Stock to holders of record on the First Dividend Record Date.
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First Dividend means the interim dividend of 0.77 p in the £ declared by the Joint Administrators on 26 July 2016, and paid shortly thereafter (the “First Dividend”);
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First Dividend has the meaning ascribed thereto in the recitals to this Agreement;
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Examples of First Dividend in a sentence

  • County and Chamber intend by this Agreement to set forth the terms and conditions under which County will enter into the DOLA-UCD Contract on behalf of the Chamber, how the DOLA-UCD Contract will be administered and how and when the Chamber will pay the County Match or reimburse County if County pays the County Match to UCD.

  • Dividends shall accrue on the Series B Preferred Stock, Quarterly in arrears, for each Quarter that such Preferred Stock is outstanding, (a) beginning on the First Dividend Date, equal to the First Dividend Rate, and additional dividends (b) beginning effective on the Second Dividend Date, based on the Second Dividend Rate, until such dividends are paid in full as provided below (“Dividends”).

  • Notwithstanding the foregoing, at any time prior to the First Dividend Date, upon the mutual written agreement between the Company and the holders of at least two-thirds (2/3) of the Preferred Shares then outstanding signed by all the parties thereto (a "Dividend Accrual Election"), Dividends, in lieu of being paid on each Dividend Date, shall be payable by inclusion of the Dividend in the Additional Amount as set forth in Section 2(a)(i).

  • First Dividend Payment On September 16, 2013, Surge paid the Company's first dividend of $0.035 per share ($0.42 per share per year) in respect of August 2013 production.

  • First Dividend: From the basis to be calculated by the sum of the remaining amount and the donations made if any), shall the first dividend be saved of the amount determined by general assembly having taken the dividend payout principles of the Company into consideration, on the condition that it shall not be less than the ratio and amount dictated by Capital Markets Board of Turkey.

  • The First Dividend Stage shall commence upon the initial issuance of Convertible Preferred Stock and shall cease upon the fifth anniversary of the Closing Date.

  • If a concern or issue is with an employee, the student, parent, or community member may request a mediation meeting with mediation services through our SST Department or a meeting with the principal or designee to facilitate these discussions.

  • Once issued, B Shares, as for ordinary shares, will also be entitled to any dividend distribution resolved in an ordinary general meeting after the First Dividend B payment and after the First Dividend A payment attached to A Shares.

  • The First Dividend from the rest is given in an amount to be determined by the General Assembly in line with the regulations of the Capital Markets Board.

  • The physical representation captures a blend of immediate real- time response and an analysis of cumulative historic transactions sampled over the previous ten-minute interval.


More Definitions of First Dividend

First Dividend means the dividend more particularly described in paragraph 2.3.1 below;
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Related to First Dividend

  • Special Dividend means any special or abnormal dividend or distribution in respect of securities (including a distribution of income or capital) and includes a dividend or distribution described by the entity declaring that dividend or distribution as:

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

  • 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.

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

  • Cash Dividend means (i) any Dividend which is to be paid or made in cash (in whatever currency), but other than falling within paragraph (b) of the definition of “Spin-Off” and (ii) any Dividend determined to be a Cash Dividend pursuant to paragraph (a) of the definition of “Dividend”, and for the avoidance of doubt, a Dividend falling within paragraph (c) or (d) of the definition of “Dividend” shall be treated as being a Non-Cash Dividend.

  • 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.

  • annual cash dividend means cash dividends paid in any fiscal year of the Corporation to the extent that such cash dividends do not exceed, in the aggregate on a per share basis, in any fiscal year, the greatest of:

  • 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.

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

  • 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.

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

  • 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).

  • Extraordinary Cash Dividend means any cash dividend with respect to the Common Stock the amount of which, together with the aggregate amount of cash dividends on the Common Stock to be aggregated with such cash dividend in accordance with the provisions of this paragraph, equals or exceeds the threshold percentage set forth in item (i) below. For purposes of item (i) below, the "Measurement Period" with respect to a cash dividend on the Common Stock shall mean the 365 consecutive day period ending on the date prior to the Ex-Dividend Time with respect to such cash dividend, and the "Relevant Cash Dividends" with respect to a cash dividend on the Common Stock shall mean the cash dividends on the Common Stock with Ex-Dividend Times occurring in the Measurement Period.

  • Special Dividend Period means a Dividend Period consisting of (i) a specified number of days (other than seven), evenly divisible by seven and not fewer than seven nor more than 364 or (ii) a specified period of one whole year or more but not greater than five years (in each case subject to adjustment as provided in paragraph 2(b)(i)).

  • Initial Dividend Period means the dividend period commencing on the Issue Date and ending on the first Dividend Payment Date to occur thereafter.

  • 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.

  • Extraordinary Common Stock Event means (i) the issue of additional shares of the Common Stock as a dividend or other distribution on outstanding Common Stock, (ii) subdivision of outstanding shares of Common Stock into a greater number of shares of the Common Stock, or (iii) combination of outstanding shares of the Common Stock into a smaller number of shares of the Common Stock.

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

  • Applicable Dividend Rate means (i) during the period from the Original Issue Date to, but excluding, the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 5% per annum and (ii) from and after the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 9% per annum.

  • 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.

  • Ex-Dividend Time means, with respect to any distribution on shares of Common Stock, the first date on which the shares of Common Stock trade regular way on the principal securities market on which the shares of Common Stock are then traded without the right to receive such distribution.

  • Quarterly Dividend Period means the quarterly period commencing on and including a Dividend Payment Date and ending on and including the day immediately preceding the next subsequent Dividend Payment Date.

  • 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.

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

  • Regular Periodic Cash Dividend means cash dividends paid at regular intervals in any fiscal year of the Corporation to the extent that such cash dividends do not exceed, in the aggregate, the greatest of:

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).