Dividend Event has the meaning set forth in Section 4.2 of this Schedule II.
Dividend Event means the public announcement or notification to UBS pursuant to Section 6 below of an ordinary or extraordinary dividend or distribution by the Issuer with a record date occurring in any of the time periods specified below with a value, as determined by the Calculation Agent in good faith, that exceeds the amount specified below for such period by $0.01 or more Period Dividend September 7, 2007 through and including December 7, 2007 $ 0.26 December 7, 2007 through and including February 15, 2008 $ 0.26
Dividend Event means the determination by (i) the Company to pay any Dividend with the proceeds of a Recapitalization Event or an Asset Sale Event or (ii) any subsidiary of the Company to pay any Dividend to any Investor or its subsidiaries with the proceeds of a Recapitalization Event or an Asset Sale Event (provided that, for the purposes of this clause (ii), neither the Company nor a subsidiary of the Company shall be considered a “subsidiary” of any Investor).
Examples of Dividend Event in a sentence
Applicable Adjustment Event: (Condition 9(i))[Alteration to Nominal Value Event] [Bonus Issue Event][Extraordinary Dividend Event] [Rights Issue Event] 25.
Redemption Price is equal to one thousand dollars plus the unpaid distributions, other than unpaid distributions resulting from a Missed Dividend Event, to the redemption date.
But necessary provision in this regard ShareUpcoming Corporate Events DSE Ticker Right Dividend Event Datehas not been made in the accounts.
If SLCT I fails to pay in cash the semi-annual interest payments or distributions on the SLEECS B in full for any reason other than a Missed Dividend Event, then, for a specified period of time, Sun Life Assurance will not declare dividends of any kind on any of its public preferred shares, and if no such public preferred shares are outstanding, SLF Inc.
If a Missed Dividend Event occurs, the net distributable funds of SLCT I will be distributed to Sun Life Assurance as the holder of Special Trust Securities of that trust.
More Definitions of Dividend Event
Dividend Event has the meaning specified in Section 5.3.
Dividend Event means the date on which the Board declares the payment of a cash dividend that will result in the aggregate amount of cash dividends paid by the Company on one share of Common Stock during the period beginning on the Grant Date and ending on August 31, 2017 equaling or exceeding $2.50; provided, however, that in the event of a stock dividend, forward split or reverse split, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, or other similar corporate transaction or event, the Committee shall adjust such $2.50 threshold as it deems necessary or appropriate to reflect such corporate transaction or event to prevent the enlargement or dilution of rights hereunder.
Dividend Event means the date, if any, on which the Company shall pay any dividend on or make any other distribution in respect of its Capital Stock whether in cash, property or obligations of the Company, other than (a) a dividend or other distribution payable solely in the form of its Capital Stock and (b) any dividend or other distribution that is permitted, or equivalent (in type, amount and purpose) to those permitted to be made by TRW Auto, under the terms of the Credit Agreement, the Senior Note Indentures and the Senior Subordinated Note Indentures.
Dividend Event means that with reference to the later of (i) the two financial years prior to the Trade Date, and (ii) the two financial years prior to the relevant observation date, the ETI has implemented a material change to its practice with respect to the payment of dividends;
Dividend Event means the failure to pay a quarterly dividend payment on the Preferred Units in cash when due after the first anniversary of the effective date of this agreement.Voting Rights: Holders of Preferred Units will have the right to vote as a singleclass with the Common Units on an as-converted basis.Entitlement to Board Seats:The size of the Board of Directors shall initially be set at X.Investor shall be initially entitled to nominate and appoint X person to the Board of Directors.On or after the occurrence of any Default Event or Dividend Event, the number of directors on the Board of Directors shall increase by one director (up to a maximum of two additional directors for all Default Events and Dividend Events).If any Default Event occurs, in accordance with the above paragraph, the holders of a majority of the Preferred Units shall be entitled, in addition to any rights granted as a result of the event that triggered the right of redemption, to nominate and appoint, together as a class, 1 additional person to the Board of Directors up to a maximum of 1, together with any Directors appointed as a result of a prior Default Event or Dividend Event. If any Dividend Event occurs, inaccordance with the above paragraph, the holders of a majority of the Preferred Units shall be entitled, in addition to any rights granted as a result of the event that triggered the right of redemption, to nominate and appoint, together as a class, 1 additional person to the Board of Directors up to a maximum of 1, together with any Directors appointed as a result of a prior Dividend Event or Default Event. Shouldn’t this revert to original structure once a Default Event is cured??The Company shall provide any persons appointed to the Board of Directors by Investor with the benefit of customary director and officer insurance and indemnify such persons to the fullest extent permitted by applicable law.
Dividend Event means the payment of an ordinary or extraordinary dividend or distribution by the Issuer with an ex-dividend date that occurs at any time during any period specified under Dividend Adjustment Date above with an amount or value, as determined by the Calculation Agent, that exceeds, in the aggregate with all other dividends or distributions with ex-dividend dates that occur during such period, the Dividend Amount corresponding to the Dividend Adjustment Date occuring during such period.
Dividend Event means the date on which the Company pays a cash dividend on the Common Stock that will result in the aggregate amount of cash dividends paid by the Company on one share of Common Stock during the period beginning on the Grant Date and ending on the date of such dividend equaling or exceeding $2.50.