Historical Dividend definition

Historical Dividend means an amount calculated in accordance with the following formula: where HD = the Historical Dividend; D = CAD$ 0.84; OICP = the Initial Conversion Price (before any adjustments pursuant to Condition 7.2); and EU1/ 52179183.13 ICP = the Initial Conversion Price, after the making of any adjustments required to be made up to the date of calculation pursuant to Condition 7.2 (but excluding adjustments pursuant to Conditions 7.2.2 and 7.2.9).