Examples of First Dividend Date in a sentence
Dividends shall accrue on the Series A Preferred Stock, Quarterly in arrears, for each Quarter that such Preferred Stock is outstanding, (a) beginning on the First Dividend Date, equal to the First Dividend Rate, and additional dividends (b) beginning effective on the Second Dividend Date, based on the Second Dividend Rate, until such dividends are paid in full as provided below (“Dividends”).
Dividends shall accrue on the Series B Preferred Stock, Quarterly in arrears, for each Quarter that such Preferred Stock is outstanding, (a) beginning on the First Dividend Date, equal to the First Dividend Rate, and additional dividends (b) beginning effective on the Second Dividend Date, based on the Second Dividend Rate, until such dividends are paid in full as provided below (“Dividends”).
Notwithstanding the foregoing, at any time prior to the First Dividend Date, upon the mutual written agreement between the Company and the holders of at least two-thirds (2/3) of the Preferred Shares then outstanding signed by all the parties thereto (a "Dividend Accrual Election"), Dividends, in lieu of being paid on each Dividend Date, shall be payable by inclusion of the Dividend in the Additional Amount as set forth in Section 2(a)(i).
The holders of the Preferred Shares shall be entitled to receive dividends ("DIVIDENDS") payable on the Stated Value of such Preferred Share at a rate of 2.0% per annum, which shall be cumulative, accrue daily from the October 1, 2004 and be due and payable beginning on January 1, 2005 (the "FIRST DIVIDEND DATE") and on the first day of each Calendar Quarter (as defined below) after the First Dividend Date (each, including the First Dividend Date, a "DIVIDEND DATE").
The holders of the Preferred Shares shall be entitled to receive dividends ("Dividends") payable on the Stated Value of such Preferred Share at a rate of 2.0% per annum, which shall be cumulative, accrue daily from the Issuance Date (as defined below) and be due and payable beginning on July 1, 2003 (the "First Dividend Date") and on the first day of each Calendar Quarter (as defined below) after the First Dividend Date (each, including the First Dividend Date, a "Dividend Date").
Dividends shall accrue on the Series A Preferred Stock, Quarterly in arrears, for each Quarter that such Preferred Stock is outstanding, (a) beginning on the First Dividend Date, equal to the First Dividend Rate, and additional dividends (b) beginning effective on the Second Dividend Date based on the Second Dividend Rate, until such dividends are paid in full as provided below (“ Dividends”).
The holders of the Preferred Shares shall be entitled to receive dividends ("Dividends") payable on the Stated Value on such Preferred Share at a rate of 5.5% per annum, which shall be cumulative, accrue daily from the Issuance Date (as defined below) and be due and payable beginning on October 1, 2001 (the "First Dividend Date") and on the first day of each Calendar Quarter (as defined below) after the First Dividend Date (each, including the First Dividend Date, a "Dividend Date").
The holders of the Preferred Shares shall be entitled to receive dividends (“Dividends”) payable on the Stated Value on such Preferred Share at a rate of 5.5% per annum, which shall be cumulative, accrue daily from the Issuance Date (as defined below) and be due and payable beginning on October 1, 2001 (the “First Dividend Date”) and on the first day of each Calendar Quarter (as defined below) after the First Dividend Date (each, including the First Dividend Date, a “Dividend Date”).