Common use of Coordination of Dividends Clause in Contracts

Coordination of Dividends. After the date of this Agreement, Parent and the Company will coordinate with each other regarding the declaration of dividends in respect of the Parent Ordinary Shares and the Company Common Stock and the record dates and payment dates relating thereto, it being the intention of the parties that holders of Parent Ordinary Shares and shares of Company Common Stock will not receive two dividends, or receive no dividends, for any single calendar quarter with respect to their shares of Company Common Stock and/or the Parent Ordinary Shares any such holder receives in exchange therefor in the Merger.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Ace LTD), Agreement and Plan of Merger (Capital Re Corp), Agreement and Plan of Merger (Capital Re Corp)

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Coordination of Dividends. After the date Each of this Agreement, Parent and the Company will and Parent shall coordinate with each the other regarding the declaration and payment of dividends in respect of the Parent Ordinary Shares Company Common Stock and the Company Parent Common Stock and the record dates and the payment dates relating thereto, it being the intention of the parties Company and Parent that holders of Parent Ordinary Shares and shares of Company Common Stock will shall not receive two dividends, or fail to receive no dividendsone dividend, for any single 44 40 calendar quarter with respect to their shares of Company Common Stock and/or the shares of Parent Ordinary Shares Common Stock any such holder receives in exchange therefor in pursuant to the Merger.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Morton Acquisition Corp), Agreement and Plan of Merger (Rohm & Haas Co), Agreement and Plan of Merger (Rohm & Haas Co)

Coordination of Dividends. After From the date of this AgreementAgreement until the Effective Time, Parent and the Company will shall coordinate with each other regarding the timing of declaration and payment of cash dividends in respect of the shares of Parent Ordinary Shares Common Stock and the Company Common Stock and the record dates and payment dates relating theretothereto in accordance with the Section 5.19 of Company Disclosure Letter, it being subject to the intention approval of the parties that holders board of directors of Parent Ordinary Shares and shares of the Company Common Stock will not receive two dividends, or receive no dividends, for any single calendar quarter with respect to their shares of Company Common Stock and/or the Parent Ordinary Shares any such holder receives in exchange therefor in the Mergerits dividends.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pinnacle Foods Inc.), Agreement and Plan of Merger (Hillshire Brands Co)

Coordination of Dividends. After the date of this Agreement, Parent and the Company will coordinate with each other regarding the declaration of dividends in respect of the Parent Ordinary Shares and the Company Common Stock and the record dates and payment dates relating thereto, it being the intention of the parties that holders of Parent Ordinary Shares and shares of Company Common Stock will not receive two dividends, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their shares of Company Common Stock and/or the Parent Ordinary Shares any such holder receives in exchange therefor in the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Exel LTD), Agreement and Plan of Merger (Nac Re Corp)

Coordination of Dividends. After the date of this Agreement, Agreement each of Parent and the Company will shall coordinate with each the other regarding the declaration of any dividends in respect of the Parent Ordinary Shares and the Company Common Stock and the record dates and payment payments dates relating thereto, it being the intention of the parties that the holders of Parent Ordinary Shares and shares of Company Common Stock will may (to the extent allowed by law and declared) receive one, but not receive two dividendsmore than one, or receive no dividends, dividend for any single calendar quarter with respect to their shares of Company Common Stock and/or the and any shares of Parent Ordinary Shares Common Stock any such holder of Company Common Stock receives in exchange therefor in the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Merchants Capital Corp /MS/), Agreement and Plan of Merger (Bancorpsouth Inc)

Coordination of Dividends. After the date Each of this Agreement, Parent and the Company will coordinate with each the other regarding the declaration and payment of dividends in respect of the Parent Ordinary Shares Common Stock and the Company Common Stock Shares and the record dates and payment dates relating thereto, it being the intention of Parent and the parties Company that holders any holder of Parent Ordinary Shares and shares of Company Common Stock will not receive two dividends, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their shares of Company its Shares and/or any Parent Common Stock and/or the Parent Ordinary Shares any such holder receives in exchange therefor in pursuant to the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Dynamics Corp of America), Amended and Restated Agreement and Plan of Merger (CTS Corp)

Coordination of Dividends. After From the date of this AgreementAgreement until the Effective Time, Parent and the Company will shall coordinate with each other regarding the declaration and payment of dividends in respect of the shares of Parent Ordinary Shares Common Stock and the Company Common Stock and the record dates and payment dates relating thereto, it being the intention of Parent and the parties Company that holders no holder of Parent Ordinary Shares and shares of Common Stock or Company Common Stock will not shall receive two dividends, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their its shares of Parent Common Stock or Company Common Stock and/or the (including Parent Ordinary Shares any such holder receives Common Stock issued in exchange therefor in connection with the Merger), as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Exelon Corp), Agreement and Plan of Merger (Constellation Energy Group Inc)

Coordination of Dividends. After the date Each of this Agreement, Parent and the Company will and Parent shall coordinate with each the other regarding the declaration and payment of dividends in respect of the Company Common Stock and Parent Ordinary Shares and the Company Common Stock and the record dates and payment dates relating thereto, it being the intention of the parties Company and Parent that holders of Parent Ordinary Shares and shares except as contemplated by Section 5.01(b)(ii)(B)(w), any holder of Company Common Stock will or Parent Common Stock, as the case may be, shall not receive two dividends, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their shares of such holder's Company Common Stock and/or the or Parent Ordinary Shares any such holder receives in exchange therefor in the MergerCommon Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Anthracite Capital Inc)

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Coordination of Dividends. After the date of this Agreement, Agreement each of Parent and the Company will shall coordinate with each the other regarding the declaration of any dividends in respect of the Parent Ordinary Shares Common Stock and the Company Common Stock and the record dates and payment payments dates relating thereto, it being the intention of the parties that the holders of Parent Ordinary Shares and shares of Common Stock or Company Common Stock will shall not receive two dividendsmore than one dividend, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their shares of Parent Common Stock and/or Company Common Stock and/or the and any shares of Parent Ordinary Shares Common Stock any such holder of Company Common Stock receives in exchange therefor in the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Deposit Guaranty Corp)

Coordination of Dividends. After the date of this Agreement, Agreement each of Parent and the Company will shall coordinate with each the other regarding the declaration of any dividends in respect of the Parent Ordinary Shares Common Stock and the Company Common Stock and the record dates and payment payments dates relating thereto, it being the intention of the parties that the holders of Parent Ordinary Shares and shares of Common Stock or Company Common Stock will shall not receive two dividendsmore than one dividend, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their shares of Parent Common Stock and/or Company Common Stock and/or the and any shares of Parent Ordinary Shares Common Stock any such holder of Company Common Stock receives in exchange therefor in the Merger.. 7.11

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Palm Beach Bancorp Inc)

Coordination of Dividends. After the date of this Agreement, Agreement each of Parent and the Company will shall coordinate with each the other regarding the declaration of any dividends in respect of the Parent Ordinary Shares Common Stock and the Company Common Stock and the record dates and payment payments dates relating thereto, it being the intention of the parties that the holders of Parent Ordinary Shares and shares of Company Common Stock will shall not receive two dividendsmore than one dividend, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their shares of Company Common Stock and/or the and any shares of Parent Ordinary Shares Common Stock any such holder of Company Common Stock receives in exchange therefor in the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mercantile Bankshares Corp)

Coordination of Dividends. After the date Each of this Agreement, Parent and the Company will and Parent shall coordinate with each the other regarding the declaration and payment of dividends in respect of the Parent Ordinary Shares Company Common Stock and the Company Parent Common Stock and the record dates and the payment dates relating thereto, it being the intention of the parties Company and Parent that holders of Parent Ordinary Shares and shares of Company Common Stock will shall not receive two dividends, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their shares of Company Common Stock and/or the shares of Parent Ordinary Shares Common Stock any such holder receives in exchange therefor in pursuant to the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Morton International Inc /In/)

Coordination of Dividends. After the date of this Agreement, Parent and the Company will shall coordinate with each other regarding the declaration of any dividends in respect of the Parent Ordinary Shares and the Company Common Stock Shares and the record dates and payment dates relating theretothereto with that of Parent Common Shares, it being the intention of the parties that the holders of Parent Ordinary Common Shares and shares of or Company Common Stock will shall not receive two dividendsmore than one dividend, or fail to receive no dividendsone dividend, for any single calendar quarter with respect to their Parent Common Shares and/or shares of Company Common Stock and/or the and any Parent Ordinary Common Shares any such holder of Company Common Stock receives in exchange therefor therefore in the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Summit Properties Inc)

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