Stock Dividend Investment Account definition

Stock Dividend Investment Account means the bookkeeping account(s) established pursuant to section 6.4 on behalf of a Director that is credited with shares of stock, other than Common Stock, paid as a dividend on shares of Common Stock.
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Examples of Stock Dividend Investment Account in a sentence

  • According to the development strategies and actual conditions of the Company, the total amount of proceeds from the Rights Issue are approximately RMB14.99 billion, which will be used for the increase of capital in subsidiaries and the diversification of the Company’s business, the development of capital intermediary business and capital investment business, and as working capital.

  • Each Director who has a Stock Dividend Investment Account also shall be entitled to provide directions to the Trust Administrator to similarly direct the Trustee of the Deferred Stock Trust to vote on any matter presented for a vote to the applicable corporation's shareholders, that number of shares of the applicable corporation's common stock held by the Deferred Stock Trust equivalent to the number of shares credited to the Director's Stock Dividend Investment Account.

  • A Director’s Stock Dividend Investment Account will be credited as of the date on which a dividend is paid in stock other than Common Stock to the Company’s common stockholders with the number of shares of such other corporation’s stock receivable by such Southern common stockholder.

  • Each Director who has a Stock Dividend Investment Account also shall be entitled to provide directions to the Trust Administrator to vote the applicable corporation’s common stock held by the Deferred Stock Trust with respect to any matter presented for a vote to such corporation’s shareholders.

  • By adding new Section 1.40 to read in its entirety: 1.40 "Stock Dividend Investment Account" means the bookkeeping account(s) established pursuant to section 6.4 on behalf of a Director that is credited with shares of stock, other than Common Stock, paid as a dividend on shares of Common Stock.

  • Distributions from the Deferred Stock Account and Stock Dividend Investment Account can be lump sum or annual installments.

  • A Director's Stock Dividend Investment Account will be credited as of the date on which a dividend is paid in stock other than Common Stock to the Company's common stockholders with the number of shares of such other corporation's stock receivable by such Southern common stockholder.

  • Each Director who has a Stock Dividend Investment Account also shall be entitled to provide directions to the Trust Administrator to vote the applicable corporation's common stock held by the Deferred Stock Trust with respect to any matter presented for a vote to such corporation's shareholders.

  • In accordance with this Section 6.3(a), distributions from the Deferred Stock Account and Stock Dividend Investment Account can be lump sum or annual installments.

  • Taking the same example of a $.10 per share special dividend, neither option would be adjusted if the threshold were $.125 per share.

Related to Stock Dividend Investment Account

  • Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

  • Investment Account As defined in Section 3.12(a).

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of such Preferred Stock.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Unit Account means a notional account opened and managed by Us for You, in which the Units are allocated following the receipt of the Premium from You and in which the Units are cancelled by Us for the purpose of paying the benefits or for recovering the applicable charges;

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Reinvestment Deferred Amount means, with respect to any Reinvestment Event, the aggregate Net Cash Proceeds received by the Borrower or any of its Subsidiaries in connection therewith that are not applied to prepay the Loans pursuant to Section 2.09(b) as a result of the delivery of a Reinvestment Notice.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • Series Distribution Account shall have the meaning specified in Section 8.

  • Disqualified Stock Dividends means all dividends with respect to Disqualified Stock of the Company held by Persons other than a Wholly Owned Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income tax rate (expressed as a decimal number between 1 and 0) then applicable to the Company.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Income Account Distribution Date means the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Other Investments Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund, other than Company Stock.

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.