Template:Nutshell Equity Derivatives 10.1
Jump to navigation
Jump to search
Section 10.1. Dividend Amount. A Share’s “Dividend Amount” means the Record Amount, Ex Amount or Paid Amount, specified in the Confirmation, as adjusted under Section 11.2.
- 10.1(a) “Record Amount” means 100% of the gross cash dividend per Share declared by the Issuer to Shareholders on any record date during the Dividend Period.
- 10.1(b) “Ex Amount” means 100% of the gross cash dividend per Share declared by the Issuer to Shareholders of record, where the Shares commence trading “ex-dividend” during the Dividend Period.
- 10.1(c) “Paid Amount” means 100% of the gross cash dividend per Share paid during the Dividend Period to holders of record of a Share.