Definition of Reference Dividend


Reference Dividend means aggregated quarterly cash dividends on the Common Stock in the amount of $0.20 per share of Common Stock in respect of any fiscal quarter (without regard to the actual quarterly period in which paid), subject to adjustment in accordance with Section 10.09.
Sample 1 Sample 2 Sample 3

Examples of Reference Dividend in a sentence

The Reference Dividend is subject to adjustment (without duplication) from time to time in a manner inversely proportional to any adjustment made to each Fixed Settlement Rate under Section 5.6(a); provided that no adjustment will be made to the Reference Dividend for any adjustment made pursuant to this Section 5.6(a)(5).
Notwithstanding the foregoing, if an adjustment is required to be made under this paragraph as a result of a distribution that is not a quarterly dividend, the Reference Dividend will be deemed to be zero.
The Reference Dividend amount is subject to adjustment in a manner inversely proportional to adjustments to the Exchange Rate; provided that no adjustment will be made to the Reference Dividend for any adjustment to the Exchange Rate under this paragraph (d).
Notwithstanding the foregoing, if an adjustment is required to be made under this paragraph as a result of a distribution that is not a quarterly dividend, the Reference Dividend Amount will be deemed to be zero.
Upon any adjustment to the Reference Dividend (as defined in the Indenture) for the Exchangeable Notes pursuant to the penultimate paragraph of Section 13.06(d) or Section 13.13(c) of the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.