Ordinary Dividend definition

Ordinary Dividend means any Dividend defined as ordinary by the Depository Bank or Issuer;

Ordinary Dividend is defined in Section 8.24(a) hereof.

Ordinary Dividend means a dividend declared and payable on a Common Share in accordance with the Company’s dividend policy as the same may be amended from time to time;

Examples of Ordinary Dividend in a sentence

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Dividend and Cash Distribution are different In addition, the Issuer shall adjust the Exercise Price (which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Factor, where the reciprocal of the Adjustment Factor means one divided by the relevant Adjustment Factor.

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Dividend and Cash Distribution are different In addition, the Issuer shall adjust the Exercise Price (which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Component, where the reciprocal of the Adjustment Component means one divided by the relevant Adjustment Component.

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Dividend and Cash Distribution are different In addition, the Issuer shall adjust the Strike Price and the Call Price (each of which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Factor, where the reciprocal of the Adjustment Factor means one divided by the relevant Adjustment Factor.

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Dividend and Cash Distribution are different In addition, the Issuer shall adjust the Exercise Price by the reciprocal of the Adjustment Factor, where the reciprocal of the Adjustment Factor means one divided by the relevant Adjustment Factor.

• For the avoidance of doubt, the OD shall be deemed to be zero if the ex-entitlement dates of the relevant Ordinary Dividend and Cash Distribution are different In addition, the Issuer shall adjust the Strike Price and the Call Price (both of which shall be rounded to the nearest 0.001) by the reciprocal of the Adjustment Component, where the reciprocal of the Adjustment Component means one divided by the relevant Adjustment Component.

More Definitions of Ordinary Dividend

Ordinary Dividend means any portion of any cash dividend on the Shares that does not constitute an Extraordinary Dividend.

Ordinary Dividend means any dividend paid in the normal course, as determined by the Calculation Agent acting in good faith according to industry practices;

Ordinary Dividend means (a) with respect to Preferred Shares, any Preferred Regular Dividend and any Participating Dividend consisting of a Common Stock Participating Dividend described in clause (b) of this definition, and (b) with respect to the Common Shares, any regular, cash dividends on the Common Shares, in each case, as determined by the board of directors of Issuer.

Ordinary Dividend means cash dividends declared by the Company in any financial year in an amount consistent with, and no more than, dividends declared and paid in either of the previous two financial years.

Ordinary Dividend means (i) any cash dividend on the Common Shares designated as an ordinary cash dividend by the board of directors of Issuer and (ii) any Series A Bi-Annual Distribution.

Ordinary Dividend means any dividend paid on the Shares in the normal course, as determined by the Calculation Agent acting in good faith in accordance with industry practice.

Ordinary Dividend has the meaning specified in SECTION 5.1(b)(ii).