Capital Distribution. Distributing to participants, once within the first 15 years from the date of settlement legislation, capital up to a maximum amount per participant, expressed in dollars, equal to the product of 3,541 and the quotient obtained when the latest available monthly value of the Consumer Price Index (“CPI”) at the time the distribution is made is divided by the CPI in respect of April 1991.
Capital Distribution. (i) The Board agrees, subject to the existence of lawfully available funds and consistent with the Board’s fiduciary duties, without taking into account any acquisition by the Company not currently publicly announced, to commence or implement a stock repurchase program, self tender offer, cash dividend or other transaction or series of transactions (the “Capital Distribution”) in the amount of $40 million (inclusive of any currently available funds related to the Company’s currently authorized stock repurchase program, which was announced in June 2010) to be commenced or implemented during the calendar quarter ending March 31, 2011 and completed prior to December 31, 2011.
Capital Distribution. If and whenever the Company shall pay or make any Capital Distribution to the Shareholders (except where and to the extent that the Conversion Price falls to be adjusted under sub-paragraph (ii) above), the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately prior to such Capital Distribution by the following fraction: A - B A where : A is the Current Market Price of one Share on the dealing day immediately preceding the date on which the Capital Distribution is publicly announced or (failing such announcement) the dealing date immediately preceding the date of the Capital Distribution; and B is the fair market value on the date of such announcement (or as the case may require, the dealing date falling on the date of the Capital Distribution), as determined in good faith by the Approved Investment Bank or the Auditors, acting as an expert, of the portion of the Capital Distribution attributable to one Share. Provided that if in the opinion of the Approved Investment Bank or the Auditors, the fair market value as aforesaid produces a result which is significantly inequitable, the Approved Investment Bank or the Auditors may, acting as an expert, instead determine (and in such event the above formula shall be construed accordingly) the amount which should properly be attributed to the value of the Capital Distribution. Such adjustment shall become effective on the date that such Capital Distribution is announced or (as the case may require), the dealing date falling on the date of such Capital Distribution.
Capital Distribution. If at any time from and after the occurrence of a Triggering Event, the Company shall pay or make any Capital Distribution to its shareholders, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before such Capital Distribution by the following fraction: A-B A where: A shall mean the Current Market Price of one Ordinary Share on the last business day preceding the date of the Capital Distribution is publicly announced; and B shall mean the Fair Market Value on the date of such announcement, immediately after the Capital Distribution, of the portion of the Capital Distribution attributable to one Ordinary Share. Such adjustment shall become effective on the date that such Capital Distribution is made.
Capital Distribution. If and whenever the Issuer shall pay or make any Capital Distribution to the Shareholders (except where the Conversion Price falls to be adjusted under (2) above), the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before such Capital Distribution by the following fraction: A - B A where: A is the Current Market Price of one Share on the last Trading Day preceding (a) the date on which the Capital Distribution is publicly announced or (b) (where no such announcement is required to be made under the Listing Rules) the record date of the Capital Distribution; and B is the Fair Market Value on the date of such announcement (or, where no such announcement is required to be made under the Listing Rules, such record date) of the portion of the Capital Distribution attributable to one Share. Such adjustment shall become effective on the date that such Capital Distribution is made. For the avoidance of doubt, Capital Distribution excludes all cash distributions paid to the Shareholders.
Capital Distribution. Promptly following the consummation of the PIPE Financing pursuant to Section 2.1(d), the Surviving Company shall distribute an amount of cash equal to the Capital Distribution Amount to the Company by way of a return of capital distribution under Cayman Islands law.
Capital Distribution. If the Company shall make any Capital Distribution, where “Capital Distribution” means:
Capital Distribution. Subject to Section 18-607 of the Act, the Board may determine that a distribution in reduction of the amounts recorded in either or both of the Company’s Capital Accounts (a “Capital Distribution”) shall be payable to each Member holding a class or classes of Interest, such Capital Distribution to be paid in proportion to each Member’s Common Share Percentage Interest or Preferred Share Percentage Interest, as the case may be. Capital Distributions shall be paid by the Company in cash or in kind, at such time or times and in such amounts as the Board may determine.
Capital Distribution. Immediately after the Effective Time of the Assignment and Assumption, as the next step in the Plan of Liquidation, Assignor will pay and distribute to its sole shareholder, Assignee, the Capital Distribution as further described in Exhibit 1 hereto, and subject to prior receipt of all required approvals and consents, including regulatory approvals, of such distribution.
Capital Distribution. If and whenever the Company shall pay or make any Capital Distribution to the Shareholders, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately prior to such Capital Distribution by the following fraction:- A where
