Net Dividend definition

Net Dividend means the Net Amount of any dividend.
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Net Dividend means the amount of Dividend that is physically paid by the Depository Bank or the Issuer after deductions of any tax (eg withholding tax) or any DR Bank fees;
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Net Dividend means the cash amount of the dividend or distribution actually received by the Corporation from its Subsidiary, less (x) that portion of the dividend or distribution, if any, as to which application to redemption of outstanding shares of Series D Preferred Stock would violate any agreement with a lender by which the Corporation or any of its Subsidiaries is bound, and (y) that portion of the dividend or distribution, if any, which is applied by the Corporation (or is intended to be applied by the Corporation, as determined in good faith by the Board of Directors) to one or more of the following purposes: (i) payments to holders of Series D Preferred Stock, (ii) payment of directors and officers insurance or any other corporate insurance premiums, (iii) payment of taxes, or (iv) payment of audit, accounting, and/or legal fees. 10
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Examples of Net Dividend in a sentence

  • In this regard, a Net Dividend Amount may be rounded provided the Net Dividend Amount as rounded is within a 2% tolerance of the exact Net Dividend Amount that would result from the ratio of the Net Dividend Amount on one RTL Ordinary Share to the Net Dividend Amount on one RTP Ordinary Share converted using the Applicable Exchange Rate being exactly equal to the Equalisation Ratio.

  • Unless earlier terminated pursuant to Section 4(b) or Section 5, unvested Dividend Equivalents shall be forfeited and terminate on the earlier of (i) April 1, 2017 and (ii) January 1 of the year following any single calendar year Performance Period in which the Net Dividend Value is less than the Minimum Net Dividend Value for such single calendar year Performance Period.

  • In the event that during your employment with the Company or any of its subsidiaries the Company pays a cash dividend to the Equityholders in respect of their Common Stock, you shall be entitled to receive a bonus (a “Dividend Bonus”) in an aggregate amount equal to one half of one percent (0.5%) of the Net Dividend.

  • Unless earlier terminated pursuant to Section 4(b) or Section 5, unvested Dividend Equivalents shall be forfeited and terminate on the earlier of (i) April 15, 2015 and (ii) January 1 of the year following any single calendar year Performance Period in which the Net Dividend Value is less than the Minimum Net Dividend Value for such single calendar year Performance Period.

  • In the event that during your employment with the Company or any of its subsidiaries the Company pays a cash dividend to the Equity_holders in respect of their Common Stock, you shall be entitled to receive a bonus (a “Dividend Bonus”) in an aggregate amount equal to three quarters of one percent (0.75%) of the Net Dividend.

  • The Net Dividend Rate for the DEU Option is 4 times $0.50 divided by $25, i.e., 8.0%, less 1.5%, or 6.5%.

  • In the event that during your employment with the Company or any of its subsidiaries the Company pays a cash dividend to the Equityholders in respect of their Common Stock, you shall be entitled to receive a bonus (a “Dividend Bonus”) in an aggregate amount equal to two percent (2%) of the Net Dividend.

  • Dividend Equivalent Units shall be credited for each Dividend Equivalent Unit on the same basis as on the Shares subject to the unexercised portion of the DEU Option, except that the actual dividend rate per Share shall be used instead of the Net Dividend Rate.

  • Anything in the Plan to the contrary notwithstanding, the Net Dividend Rate for purposes of computing DEUs shall be computed by using $25.25 instead of the $31.00 Exercise Price in the denominator and subtracting 6.0% instead of the average annual dividend yield for the companies included in the S&P 500 Index.

  • In the event that during your employment with the Company or any of its subsidiaries the Company pays a cash dividend to the Equityholders in respect of their Common Stock, you shall be entitled to receive a bonus (a “Dividend Bonus”) in an aggregate amount equal to [ ] percent ([ ])% of the Net Dividend.


More Definitions of Net Dividend

Net Dividend means, as at the Trade Date, 75% of the Gross Cash Dividend of Basket Component (i) declared by the issuer thereof and as of 19 January 2017, 70% of the Gross Cash Dividend of Basket Component (i) declared by the issuer thereof.”
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Net Dividend means the dividend that is reinvested into the Index after deduction of withholding tax, applying the rate to non-resident individuals who do not benefit from double taxation treaties. The Total Return Index approximates the minimum possible dividend reinvestment. The rates applied are the current effective rates.
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Net Dividend means the dividend declared as payable by the Issuer to holders of record on the ex-dividend date, as adjusted for any tax, levy, impost, duty or charge that would be deducted from any such dividend payable to a non-Uk, non-France EU foreign holder of record after all possible Treaty reclaims. The Net Dividend as at the Trade Date is 85% of the gross dividend. Parties acknowledge that such percentage may change from time to time as a consequence of changes of law. In the event that UBM by virtue of its hedge for the Transaction, recovers additional value from the dividend income, UBM shall, on a best efforts basis, pay such additional value to Olimpia.
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Net Dividend means, as at the Trade Date, 70 per cent. of the Gross Cash Dividend of Share i declared by the issuer thereof. Such percentage is subject to change following (a) any change in any applicable tax law or tax regulation, (b) the promulgation of or any change in the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable tax law or tax regulation (including any action taken by a taxing authority) affecting dividends on Sharei or (c) where there is a substantial likelihood of a change in any applicable tax or tax regulation and practice; and
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Net Dividend means the dividend amount after the deduction of any tax and any duties, as well as the deduction of any taxes or duties as required by law in future.
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Related to Net 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.

  • 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:

  • 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, the greatest of: (i) 200% of the aggregate amount of cash dividends declared payable by the Corporation on its Common Shares in its immediately preceding fiscal year; (ii) 300% of the arithmetic mean of the aggregate amounts of the annual cash dividends declared payable by the Corporation on its Common Shares in its three immediately preceding fiscal years; and (iii) 100% of the aggregate consolidated net income of the Corporation, before extraordinary items, for its immediately preceding fiscal year;

  • 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. For the avoidance of doubt, any alternative trading convention on the applicable exchange or market in respect of shares of the Common Stock under a separate ticker symbol or CUSIP number will not be considered “regular way” for this purpose.

  • 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.