Example Definitions of "Dividend"
Dividend. Any cash dividend paid by the Company on all outstanding Common Stock or Class B Stock, other than any Liquidating Dividends
Dividend. 3. Dividends and Redemptions. Clause (E) of Section 9.11(c) (i) is hereby deleted in its entirety and the following substituted therefor: 4. "(E) the aggregate amount of all payments for such repurchases during the term of this Agreement shall not exceed $11,000,000."
Dividend. Dividend Equivalent means an amount of cash equal to all dividends and other distributions (or the economic equivalent thereof) that are payable by the Company on one share of Common Stock to stockholders of record, which, in the discretion of the Committee, may be awarded (a) in connection with any Award under the Plan while such Award is outstanding or otherwise subject to a Restriction Period and on a like number of shares of Common Stock under such Award or (b) singly.
Dividend. Shall mean a distribution of cash or cash equivalents that is a "dividend," as defined in Section 316 of the Code, and that is includible in the gross income of the recipient for United States Federal income tax purposes.
Dividend. Means a dividend, capital distribution or other distribution made by Borrower to Parent, whether in cash, property, or securities of Borrower and whether by liquidating distribution or otherwise; provided that none of the following shall be a Dividend: (a) any redemption or repurchase by Borrower of shares of Borrower; (b) any recapitalization or exchange of securities of Borrower; (c) any subdivision (by a split of shares or otherwise) or any combination (by a reverse split of shares or... otherwise) of any outstanding shares or (d) any dividend or other distribution by Borrower to Parent permitted under Section 8(a)(xi)(2) of that certain Loan and Security Agreement entered into on February 20, 2020 by and among the Borrower, the Loan Party Obligors and Other Obligors (each as defined therein) party thereto from time to time, the lenders party thereto from time to time, and Encina Business Credit, LLC, as agent, as in effect on the date hereof (and regardless of whether such agreement is then in effect as of any date of determination). View More
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