Examples of Specified Dividend in a sentence
Notwithstanding anything to the contrary in any Loan Document, “Indebtedness” shall be expressly deemed to exclude (i) the Holdings JAX Guaranty Obligations, (ii) obligations under the Profits Interest Program or the Restricted Stock Program, (iii) any accruals with respect to the Phantom Equity Agreement or any payment to be made in connection with the termination thereof and (iv) the Specified Dividend.
The provisions of this Schedule 1 may not be amended at any time prior to the Termination Date and the payment by the Company of the Imperial Specified Dividend, save by special resolution passed at a general meeting of all the Shareholders and by special resolution passed at a separate general meeting of the "A" Shareholders.
Each "A" Share shall, on the first Business Day after the Termination Date, entitle the holder thereof to receive the Imperial Specified Dividend, which shall be declared and distributed by the Company to the "A" Shareholders, subject to compliance by the Company with the requirements of section 46 of the Act.
The restrictions on the Company's powers and capacity set out in clause6.1, shall cease to apply after the Termination Date and once the Company has made payment of the Imperial Specified Dividend and the Motus “D” Specified Dividend.
RESTRICTIONS ON AMENDMENT OF SCHEDULE 4 The provisions of this Schedule 4 may not be amended at any time prior to the Termination Date and the payment by the Company of the Motus “D” Specified Dividend, save by special resolution passed at a general meeting of all the Shareholders and by special resolution passed at a separate general meeting of the "D" Shareholders.