Special Dividends definition
Examples of Special Dividends in a sentence
The Cap shall not apply to any extraordinary dividends, special dividends or any dividends or other distributions that are not ordinary regular quarterly cash dividends (collectively, “Special Dividends”), and any Special Dividends shall equal the amount per share of Common Stock of such dividends or other distributions.
Pursuant to the terms of the 144A Registration Rights Agreement, if the 144A Shelf Registration Statement is not effective and the Common Stock is not listed and trading on a National Securities Exchange by the deadline set forth therein, then the Special Dividends shall accrue and be payable in accordance with Company Charter and Section 2(h) of the 144A Registration Rights Agreement.
Subsequently, the Client has a right of complaint direct to the Financial Ombudsman Service, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇.
Dividend Equivalents with respect to Special Dividends (x) shall be subject to the same vesting schedule as the Restricted Stock Unit for which the Dividend Equivalent is awarded and (y) shall be paid at the same time as the Restricted Stock Unit for which the Dividend Equivalent is awarded is settled.
Special Dividends shall cumulate and accrue and, when declared and paid shall be issued in, additional shares of Common Stock.