Ordinary Dividend definition

Ordinary Dividend means any Dividend defined as ordinary by the Depository Bank or Issuer;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Ordinary Dividend means the regular quarterly cash dividend per one share of the Underlying Stock paid by the Underlying Company.

Ordinary Dividend is defined in Section 8.24(a) hereof.

Examples of Ordinary Dividend in a sentence

• Ordinary Dividend Amount: For each Transaction, as set forth in the related Supplemental Confirmation.

• Adjustments: Method of Adjustment: Calculation Agent Adjustment Extraordinary Dividend: Any Dividend (i) that has an ex-dividend date occurring on or after the Trade Date and on or prior to the date on which Issuer satisfies all of its delivery obligations hereunder and (ii) the amount or value of which differs from the Ordinary Dividend Amount for such Dividend, as determined by the Calculation Agent.

• Ordinary Dividend Amount: For each Transaction, as set forth in the Supplemental Confirmation.

• Ordinary Dividend: For the first dividend or distribution on the Shares for which the ex-dividend date occurs during any regular quarterly dividend period of Issuer, USD0.50; for any other dividend or distribution on the Shares for which the ex-dividend date occurs during the same regular quarterly dividend period USD0.00.

• Early Ordinary Dividend: If an ex-dividend date for any dividend or distribution on the Shares occurs during any calendar quarter occurring (in whole or in part) during the Relevant Dividend Period and such ex-dividend date occurs prior to the Expected Dividend Ex-Dividend Date for such calendar quarter, the Calculation Agent shall make such adjustments to the Forward Price as the Calculation Agent determines appropriate to account for the economic effect on the Transaction of such event.

More Definitions of Ordinary Dividend

Ordinary Dividend means a dividend declared and payable on a Common Share in accordance with the Company’s dividend policy as the same may be amended from time to time;

Ordinary Dividend means (a) with respect to Preferred Shares, any Preferred Regular Dividend and any Participating Dividend consisting of a Common Stock Participating Dividend described in clause (b) of this definition, and (b) with respect to the Common Shares, any regular, cash dividends on the Common Shares, in each case, as determined by the board of directors of Issuer.

Ordinary Dividend means any dividend paid in the normal course, as determined by the Calculation Agent acting in good faith according to industry practices;

Ordinary Dividend means any portion of any cash dividend on the Shares that does not constitute an Extraordinary Dividend.

Ordinary Dividend means any Dividend which does not constitute a special dividend for the purposes of the Euronext Derivatives Corporate Actions Policy or the rules of the Alternative Option Exchange (if any);

Ordinary Dividend means cash dividends declared by the Company in any financial year in an amount consistent with, and no more than, dividends declared and paid in either of the previous two financial years.

Ordinary Dividend means the regular quarterly cash dividend per one share of the Underlying Stock paid by the Underlying Company. The “Base Dividend” means, from the original issue date to the maturity date, $0.70 per calendar quarter per share of the Underlying Stock.