Ordinary Cash Dividend definition

Ordinary Cash Dividend has the meaning set forth in Section 8.01(b).

Ordinary Cash Dividend has the meaning set forth in subparagraph (b)(5) of Section 2.04.

Ordinary Cash Dividend means all quarterly cash dividends out of capital surplus or retained earnings legally available therefore (determined in accordance with generally accepted accounting principles, consistently applied), in an amount and frequency consistent with past practice.

Examples of Ordinary Cash Dividend in a sentence

• In the case of adjustment for a cash dividend that is, or is coincident with, a regular quarterly cash dividend, the Per Share Fair Market Value would be reduced by the per share amount of the portion of the cash dividend that would constitute an Ordinary Cash Dividend.

• Dividend Payment: Sellers shall pay to Purchaser on the business day following the payment of any cash dividend (other than an Ordinary Cash Dividend) with respect to the Common Stock (the "Dividend Payment Date") an amount in cash equal to the product (the "Dividend Payment Amount") of (i) the per share amount of such dividend and (ii) the sum of the Base Amounts for each Tranche on the ex-dividend date for such dividend.

• In the case of adjustment for a cash dividend that is, or is coincident with, a regular quarterly dividend, the Per Share Fair Market Value would be reduced by the per share amount of the portion of the cash dividend that would constitute an Ordinary Cash Dividend.

• If CGMI receives an Ordinary Cash Dividend in the Collateral Account, CGMI shall, unless an Event of Default has occurred and is continuing or an Early Termination Date has been designated, promptly deliver the portion of such Ordinary Cash Dividend that is not an Excess Cash Dividend to Pledgor and, upon such delivery, the Lien on such portion of such Ordinary Cash Dividend shall be released.

• In the case of adjustment for a cash dividend that is, or is coincident with, an Ordinary Cash Dividend, the Fair Market Value shall be reduced by the per unit amount of the portion of the cash dividend that would constitute an Ordinary Cash Dividend.

More Definitions of Ordinary Cash Dividend

Ordinary Cash Dividend means, with respect to any consecutive 365-day period, any dividend with respect to Common Stock paid in cash to the extent that the amount of such dividend, together with the aggregate amount of all other dividends on the Common Stock paid in cash during such 365-day period, does not exceed on a per share basis 10% of the average of the Closing Prices of the Common Stock over such 365-day period; provided that, for purposes of the foregoing definition, the amount of cash dividends paid on a per share basis shall be appropriately adjusted to reflect the occurrence during such period of any event described in Article VI.

Ordinary Cash Dividend means a cash dividend on shares of Common Stock out of surplus or net profits legally available therefore determined in accordance with accounting principles generally accepted in the United States from time to time.

Ordinary Cash Dividend means any cash dividend paid on Ordinary Shares which is designated as an interim or final dividend;

Ordinary Cash Dividend means a regular quarterly cash dividend by the Corporation solely on shares of Common Stock out of surplus or net profits legally available therefor (determined in accordance with the General Corporation Law of the State of Delaware) which, when combined on a per share of Common Stock basis with the per share amounts of all other cash dividends and distributions paid by the Corporation on the Common Stock during such fiscal year (as adjusted to appropriately reflect any of the events referred to in Section 12 and excluding the portion of any cash dividends or cash distributions to the extent having resulted in a prior adjustment to the Exercise Price pursuant to Section 12(iii)) (in any fiscal year, such total amount, on a per share basis, the “Total Cash Dividend Payments”), does not exceed: (i) in the fiscal year ending September 30, 2013, $0.84 per share of Common Stock, and (ii) in any subsequent fiscal year ending on September 30 of such year, an amount per share of Common Stock not to exceed 118% of the Prior Eligible Amount (in any fiscal year, the amount determined pursuant to the foregoing clause (i) or (ii), as applicable, the “Dividend Threshold”). For the avoidance of doubt, in the event that the Corporation declares or pays a dividend or distribution that results in the Total Cash Dividend Payments for such fiscal year exceeding the Dividend Threshold for such fiscal year (the amount of such excess, on a per share basis, the “Excess Dividend Amount”), then, for purposes of Section 12, only the Excess Dividend Amount will be considered a dividend or

Ordinary Cash Dividend has the meaning specified in the Contract.

Ordinary Cash Dividend means regular quarterly cash dividends paid by the Company on Common Stock in the ordinary course, with usual record and resale dates.

Ordinary Cash Dividend means any (i) regular, periodic dividend on any Shares payable in cash from the earnings, profits or retained surplus of the applicable Issuer, including any dividend designated as an “ordinary dividend” by the applicable Issuer and (ii) other dividend reasonably determined by the Calculation Agent to constitute an ordinary cash dividend (other than the Spin-Off Dividend and an Extraordinary Distribution).