Gross Dividend definition
Examples of Gross Dividend in a sentence
PLC and NV propose, except in relation to their 1992 final dividends and, in the case of PLC, its 1992 interim dividend and except in the further circumstances described in this schedule, to pay dividends on their ordinary shares on the basis that the ratio of the Gross Dividend Amount on one NV Ordinary share to the Gross Dividend Amount on one PLC Ordinary share, translated using the Applicable Exchange Rate, will be the Equalisation Ratio.
In the period prior to any Dividend Determination Date, the parties shall consult with a view to agreeing, as envisaged by sub-paragraph 4.1.1, the Gross Dividend Amount to be declared, paid or recommended for payment by each of them (subject to final determination of the Applicable Exchange Rate) and hence the Target Dividend which each proposes to notify to ▇▇▇▇ Elsevier on the Dividend Determination Date pursuant to article 105 (Income Rights) of the articles of association of ▇▇▇▇ Elsevier.
In relation to each proposed dividend payment to their shareholders, the Board of PLC and the NV Combined Board shall agree from time to time the Gross Dividend Amounts in respect of dividends to be declared, paid or, where appropriate, recommended for payment by them respectively.
In relation to each proposed dividend payment to their shareholders, the Board of PLC and the Board of NV shall agree from time to time the Gross Dividend Amounts in respect of dividends to be declared, paid or, where appropriate, recommended for payment by them respectively.
In the period prior to any Dividend Determination Date, the parties shall consult with a view to agreeing, as envisaged by sub-paragraph 4.1.1, the Gross Dividend Amount to be declared, paid or recommended for payment by each of them Table of Contents (subject to final determination of the Applicable Exchange Rate) and hence the Target Dividend which each proposes to notify to RELX on the Dividend Determination Date pursuant to article 105 (Income Rights) of the articles of association of RELX.
The percentages shall be cumulative, i.e. in the event of an IPO Gross Dividend Yield of 5.5% the holder of the Statutory Manager shall be entitled to a percentage of 7.5% on the amount between 4.5% and 5% and to 10% on the amount between 5% and 5.5%.
In relation to each proposed dividend payment to their shareholders, the Board of ▇▇▇▇ and the Elsevier Combined Board shall agree from time to time the Gross Dividend Amounts in respect of dividends to be declared, paid or, where appropriate, recommended for payment by them respectively.