Examples of Reference Dividend in a sentence
The Reference Dividend Declaration Months and the Dividend Declaration Resumption Months are based on the Bank’s current practice with respect to declaring Dividends.
If such practice were to change in the future in terms of the timing or frequency of the declaration of Dividends, the Reference Dividend Declaration Months and the Dividend Declaration Resumption Months referred to above may change.
For purposes of the foregoing, the Reference Dividend shall be subject to adjustment on the same basis as each of the Threshold Appreciation Price and the Reference Price, provided that no adjustment shall be made to the Reference Dividend for any adjustment made pursuant to this clause (5).
Furthermore, Investec issued a reference dividend rights notice to respondent informing the latter, for example that ‘it has acquired Reference Dividend Rights in respect of the Dividend Period commencing on 31 January 2008 and ending on 30 April 2006 as follows’.
In connection with any Reorganization Event, the Reference Dividend shall be subject to adjustment as described in clause (A), clause (B) or clause (C) below, as the case may be.