Regular Dividend Rate definition

Regular Dividend Rate means four and one-half percent (4.5%) per annum or, to the extent and during the period with respect to which such rate has been adjusted as provided in Section 8(b), such adjusted rate.
Regular Dividend Rate means 6.50% per annum, subject to increase pursuant to Section 8(c).
Regular Dividend Rate means (a) for the period beginning on, and including, the Initial Issue Date and ending on, but excluding, the second anniversary of the Initial Issue Date, zero percent (0%) per annum and (b) for the period beginning on, and including, the second anniversary of the Initial Issue Date, six percent (6%) per annum.

Examples of Regular Dividend Rate in a sentence

  • The Convertible Preferred Stock will accumulate cumulative dividends at a rate per annum equal to the Regular Dividend Rate on the Liquidation Preference thereof (calculated in accordance with Section 5(a)(i)(2)), regardless of whether or not declared or funds are legally available for their payment (such dividends that accumulate on the Convertible Preferred Stock pursuant to this sentence, “Regular Dividends”).

  • Each share of Convertible Preferred Stock will accrue dividends quarterly in arrears at a rate per annum equal to the Regular Dividend Rate on the Stated Value with respect to such share deemed to be in effect commencing on the day immediately following the most recent Regular Dividend Payment Date, regardless of whether or not declared or funds are legally available for their payment (such dividends that accumulate on the Convertible Preferred Stock pursuant to this sentence, “Regular Dividends”).

  • The Convertible Preferred Stock will accumulate cumulative dividends at a rate per annum equal to the Regular Dividend Rate on the Liquidation Preference thereof (calculated in accordance with Section 5(a)(i)(2)), regardless of whether or not declared or whether or not funds are legally available for their payment (such dividends that accumulate on the Convertible Preferred Stock pursuant to this sentence, “Regular Dividends”).

  • Date: _______________ __, ______ Name of Registered Holder By: Name: Title: ACKNOWLEDGMENT The Company hereby acknowledges this Exercise Notice and hereby directs Computershare Trust Company, N.A. to issue the above indicated number of shares of Common Stock in accordance with the Transfer Agent Instructions dated November 22, 2010 from the Company and acknowledged and agreed to by Computershare Trust Company, N.A..

  • If the Requisite Stockholder Approval is not obtained on or before the Requisite Stockholder Approval Deadline Date, then the Regular Dividend Rate will be increased by one percent (1%), with such increase applying from, and including, the Requisite Stockholder Approval Deadline Date and continuing to apply to, but excluding, the date when the Requisite Stockholder Approval is first obtained, if at all.


More Definitions of Regular Dividend Rate

Regular Dividend Rate means 9% per annum.
Regular Dividend Rate means five and one-half percent (5.5%) per annum.
Regular Dividend Rate means (x) six percent (6.0%) per annum, which shall increase by one percentage point on each anniversary of the Initial Issue Date from and after the sixth anniversary of the Initial Issue Date or (y) to the extent and during the period with respect to which such rate has been adjusted as provided in Section 8(b), such adjusted rate; provided, if there are Default Accrued Dividends on an applicable Regular Dividend Record Date, the Regular Dividend Rate for the Regular Dividend Period ending on, but excluding, such Regular Dividend Payment Date shall be the Default Dividend Rate (with such Default Dividend Rate being determined prior to giving effect to this proviso).
Regular Dividend Rate means, except as otherwise provided herein, on each Dividend Reference Date the amount determined as follows:
Regular Dividend Rate means eight percent (8.0%) per annum.
Regular Dividend Rate means 12% per annum.
Regular Dividend Rate means eight percent (8.0%) per annum. “Regular Dividends” has the meaning set forth in Section 4(a)(i).