Common use of Dividend Amount Clause in Contracts

Dividend Amount. (a) As soon as practicable on or after the Closing Date, Seller shall cause the Paying Agent to pay a dividend (the "Dividend") in the aggregate amount of $113,000,000 (the "Dividend Amount") on a pro rata basis to the Existing Stockholders.

Appears in 1 contract

Sources: Share Purchase and Sale Agreement (Ibasis Inc)

Dividend Amount. (a) As soon as practicable on or after the Closing Date, Seller shall cause the Paying Agent to pay a dividend (the "Dividend") in the aggregate amount of $113,000,000 (the "Dividend Amount") on a pro rata basis to the Existing Stockholders.

Appears in 1 contract

Sources: Share Purchase and Sale Agreement (Koninklijke KPN N V)