Liquidating Dividends definition

Liquidating Dividends are dividends or any other distributions to the Class A Common Shares and the Class B Common Shares that are paid from any amount in excess of Operating Surplus.
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Liquidating Dividends means dividends or any other distributions to the holders of Common Shares or Subordinated Shares that are generated from:
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Liquidating Dividends means dividends or any other distributions to the holders of Class A Common Shares or Class B Common Shares that are generated from:
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Examples of Liquidating Dividends in a sentence

  • The Board of Directors will treat dividends paid from any amount in excess of Operating Surplus as Liquidating Dividends.

  • The Base Dividend is subject to downward adjustment in the case of payment of Liquidating Dividends.

  • Subject to the rights of any outstanding Preferred Shares, Liquidating Dividends shall be paid, pro rata, to the Class A Common Shares and the Class B Common Shares.

  • No Liquidating Dividends shall be paid to the Class C Common Shares.

  • Subject to the rights of any outstanding Preferred Shares, Liquidating Dividends shall be paid, pro rata, to the Common Shares.

  • Thereafter, upon the exercise of this Warrant, from time to time, in addition to the shares of Common Stock purchased upon such exercise, the Company shall pay to the Registered Holder of this Warrant the Liquidating Dividends which pertain to such purchased shares of Common Stock.

  • Upon expiration of this Warrant, any allocated Liquidating Dividends which pertain to shares of Common Stock issuable upon exercise of this Warrant but not so purchased pursuant to exercise will be retained by the Company.

  • The payments by the Exchange Agent of Allocated Merger Consideration shall include payments to persons who surrender Certificates representing shares of Series A Preferred Stock of all deferred or accrued and unpaid dividends in respect of such shares, and payments of Liquidating Dividends payable pursuant to Article VI, Part B, Section 1A of the Articles of Organization of the Company as if the consummation of the Merger were a Liquidation Event (as such term is defined in such Articles of Organization).

Related to Liquidating Dividends

  • Preferred Dividends means, with respect to any Person, dividends or other distributions which are payable to holders of any Equity Interests in such Person which entitle the holders of such Equity Interests to be paid on a preferred basis prior to dividends or other distributions to the holders of other types of Equity Interests in such Person.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a 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.

  • Dividends means cash dividends and cash distributions with respect to any Pledged Shares or other Pledged Property made in the ordinary course of business and not a liquidating dividend.

  • Cash Dividends shall have the meaning set forth in Section 3(a).

  • Non-Cash Dividend means any Dividend which is not a Cash Dividend, and shall include a Spin-Off.