Maximum Dividend Amount definition

Maximum Dividend Amount has the meaning specified in Section 7.06(d).

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Maximum Dividend Amount means the maximum cash dividend which the Company is able to pay at the relevant time, taking into account the restrictions mentioned in paragraphs 9(b) and 9(c) above and after having made appropriate payment, withholding or reservation of all taxes payable in connection with such dividend.

Maximum Dividend Amount has the meaning specified in Section 14.01(2).

Examples of Maximum Dividend Amount in a sentence

• If any Cumulative Unpaid Dividends are paid for a certain accounting period, the Dividends for Subsidiary Tracking Stock shall be determined subject to the amount obtained by deducting such paid Cumulative Unpaid Dividends from the Maximum Dividend Amount of Subsidiary Tracking Stock as the Maximum Dividend Amount of Subsidiary Tracking Stock as provided for in (ii) of (1) above.

• In the event that the Sellers are unable to cause any Sale Company or JV Company to declare the maximum dividend amount (“Maximum Dividend Amount”) allowed under applicable Law for 2007, Buyers will promptly cause such Sale Company or JV Company to declare the Maximum Dividend Amount and remit such amount to Sellers, net of any taxes or other reasonable out-of-pocket costs incurred solely as a result of remitting such dividend to Sellers.

More Definitions of Maximum Dividend Amount

Maximum Dividend Amount means $50,000,000.

Maximum Dividend Amount means the maximum cash dividend which the Company is able to pay at the relevant time, taking into account the restrictions mentioned in paragraphs13(b) and 13(c) above and after having made appropriate payment, withholding or reservation of all taxes payable in connection with such dividend. 15 CEDC may require that Lux 2 shall, so far as it is able, repay the Vendor Loan Notes in whole or in part at any time following the later of: (i) the date falling immediately after the Cayman 7 Call Option Completion Date in respect of the Third Cayman 7 Call Option; and (ii) 31 July 2011, provided that following such repayment at least $20 million would remain held in cash in Lux 3.

Maximum Dividend Amount means, as of any date of determination, fifty percent (50%) of Free Cash Flow of Borrower derived during the period commencing September 30, 1999 and ending on such date of determination.

Maximum Dividend Amount has the meaning specified in Section ----------------------- ------- 7.06(d). -------