Dividend Actions definition

Dividend Actions means the LT/TUV Litigation and Pension/Dealer Litigation regarding the 2013 dividend authorized and paid by Sears Canada in the Ontario Superior Court of Justice at Toronto (Commercial List) under Court File Nos. CV-18-00611219-00CL, CV-18-00611214-00CL, CV-18- 00611217-00CL, and CV-19-00617792-00CL;

Examples of Dividend Actions in a sentence

  • Rimbey), Market Response to Subsequent Dividend Actions of Dividend- Initiating and -Omitting Firms, Winter 1991; (with John P.

  • Officer), Market Response to Subsequent Dividend Actions of Dividend- Initiating and -Omitting Firms, Winter 1991; (with Douglas Hearth), The Dividend-Clientele Controversy and the Tax Reform Act of 1986, Winter 1993Raymond J.

  • For {V16O40}, the experimentally known structure derives from b-{V18O42}; (b) gradual ordering of the different As-POVs according toincreasing arsenic content.

  • Market Response to Subsequent Dividend Actions of Dividend-Initiating and -Omitting Firms (Rimbey, 1992):The paper shows how a company's share prices move in the opposite direction which is already predicted upon the announcement of a major dividend policy change.

  • This jurisdiction has been confirmed during the course of these proceedings, where this Court has approved the Plaintiffs’ settlement with SHC in respect of the Dividend Actions on March 17, 2020.

  • First, the releases are reasonably connected to the settlement because they release Insurers who are the actual payors of $50 million of settlement funds and who, in consideration for such amount, reasonably require that further claims will not be made against the insurance policies in connection with the subject matter of the Dividend Actions.

  • If a registrant chooses to change registrars, the 'old' registrar must always cooperate with the transfer.

  • Raja Khanna, James McBurney, Deborah Rosati and Donald Ross (collectively, the “Director Defendants”), being certain of the defendants in the Dividend Actions as defined and described in further detail below.

  • Given these factors, there was incentive to the Plaintiffs to negotiate a reasonable settlement of the Dividend Actions as against the Director Defendants.

  • Three of the Dividend Actions were commenced on December 19, 2018 by the Litigation Trustee, the Monitor and the Pension Administrator against certain shareholders and former directors of Sears Canada.

Related to Dividend Actions

  • 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.

  • 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.

  • 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).

  • Ex-Dividend Time means, with respect to any distribution on shares of Common Stock, the first date on which the shares of Common Stock trade regular way on the principal securities market on which the shares of Common Stock are then traded without the right to receive such distribution.

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

  • Special Dividend Period means a Dividend Period consisting of (i) a specified number of days (other than seven), evenly divisible by seven and not fewer than seven nor more than 364 or (ii) a specified period of one whole year or more but not greater than five years (in each case subject to adjustment as provided in paragraph 2(b)(i)).

  • Dividend Record Date has the meaning set forth in Section 3(a).

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Dividend Period means the Initial Dividend Period, any 7-Day Dividend Period and any Special Dividend Period.

  • Initial Dividend Period means the dividend period commencing on the Issue Date and ending on the first Dividend Payment Date to occur thereafter.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Dividend Date means a date specified in the Issue Resolution on which a dividend in respect of that preference share is payable.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Initial Dividend Rate means, with respect to a series of APS, the rate per annum applicable to the Initial Dividend Period for such series of APS.

  • Rights Dividend Declaration Date shall have the meaning set forth in the recitals at the beginning of this Agreement.

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

  • Dividend Rate has the meaning set forth in the Statement.

  • Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.

  • Dividend Periods means the Initial Dividend Period and each subsequent quarterly dividend period commencing on and including January 1, April 1, July 1 and October 1 of each year and ending on and including the day preceding the first day of the next succeeding Dividend Period, other than the Dividend Period during which any Class B Preferred Stock shall be redeemed pursuant to Section 5 hereof, which shall end on and include the Call Date with respect to the Class B Preferred Stock being redeemed.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Preferred Dividends means, for any period and without duplication, all Restricted Payments paid during such period on Preferred Equity Interests issued by the Parent or a Subsidiary. Preferred Dividends shall not include dividends or distributions (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) payable to holders of such class of Equity Interests, (b) paid or payable to the Parent or a Subsidiary, or (c) constituting or resulting in the redemption of Preferred Equity Interests, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full.

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Applicable Dividend Rate means (i) during the period from the Original Issue Date to, but excluding, the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 5% per annum and (ii) from and after the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 9% per annum.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.