Common use of Dividend and Redemption Price Clause in Contracts

Dividend and Redemption Price. Subject to receipt of the requisite funds, the Auction Agent shall pay to the Holders of the Preferred Shares M on each Dividend Payment Date for the Preferred Shares, dividends and, if applicable, on each Additional Distribution Payment Date, Additional Distributions (to the extent that the Company has deposited with the Auction Agent, pursuant to Section 3.1(a) hereof, funds for the payment thereof), on such Preferred Shares, and (ii) on any date fixed for redemption of Preferred Shares, the redemption price for any Preferred Shares called for redemption upon presentation and surrender of the certificate or certificates evidencing Preferred Shares held by such Holders and called for redemption. The amount of dividends for any Rate Period or portion thereof to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 2(c) of Part I of the Articles Supplementary. The amount of Additional Distributions to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 11(c) of Part I of the Articles Supplementary. The redemption price to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 3(a) of Part I of the Articles Supplementary. The company shall deliver to the Auction Agent any Notice of Redemption required by Section 3(b) of Part I of the Articles Supplementary when mailed by the Company to the Holders of the shares to be redeemed. Such notice shall contain the information required by such Section 3(b) to be stated in the Notice of Redemption. The Auction Agent shall have no duty or responsibility in connection with any Notice of Redemption and shall have no duty or responsibility to determine the redemption price and may rely on the amount thereof set forth in such notice.

Dividend and Redemption Price. Subject to receipt of the requisite funds, the Auction Agent shall pay to the Holders of the Preferred Shares M AMPS (i) on each Dividend Payment Date for the Preferred SharesAMPS, dividends and, if applicable, on each Additional Distribution Payment Date, Additional Distributions (to the extent that the Company has deposited with the Auction Agent, pursuant to Section 3.1(a) hereof, funds for the payment thereof), on such Preferred SharesAMPS, and (ii) on any date fixed for redemption of Preferred SharesAMPS, the redemption price for any Preferred Shares AMPS called for redemption upon presentation and surrender of the certificate or certificates evidencing Preferred Shares AMPS held by such Holders and called for redemption. The amount of dividends for any Rate Period or portion thereof to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 2(c) of Part I of the Articles Supplementary. The amount of Additional Distributions to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 11(c) of Part I of the Articles Supplementary. The redemption price to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 3(a) of Part I of the Articles Supplementary. The company Company shall deliver to the Auction Agent any Notice of Redemption required by Section 3(b) of Part I of the Articles Supplementary when mailed by the Company to the Holders of the shares to be redeemed. Such notice shall contain the information required by such Section 3(b) to be stated in the Notice of Redemption. , The Auction Agent shall have no duty or responsibility in connection with any Notice of Redemption and shall have no duty or responsibility to determine the redemption price and may rely on the amount thereof set forth in such notice.

Dividend and Redemption Price. Subject to receipt of the requisite fundsfunds and instructions by the Company as provided in Section 3.1 hereof, the Auction Agent Trust Company shall pay to the Holders of shares of each series of the Preferred Shares M DARTS (i) on each Dividend Payment Date for such series of the Preferred SharesDARTS, dividends and, if applicable, on each Additional Distribution Payment Date, Additional Distributions Dividends (to the extent that the Company company has deposited with the Auction AgentTrust Company, pursuant to Section 3.1(a) hereof, funds for the payment thereof), ) on such Preferred Sharesseries of the shares of the DARTS, and (ii) on any date fixed for redemption of Preferred Sharesshares of such series of the DARTS, the redemption price for any Preferred Shares shares of such series of the DARTS called for redemption upon presentation and surrender of the certificate or certificates evidencing Preferred Shares shares of such series of the DARTS held by such Holders and called for redemption. The amount of dividends for any Rate Dividend Period or portion thereof to be paid by the Auction Agent Trust Company to the Holders will be determined by the Company' as set forth in Section 6.4(c) of Article VI of the By-Laws. The amount of Additional Dividends payable for any Fiscal Year-End Dividend Period for any taxable year to be paid by the Trust Company to the Holders will be determined by the Company as set forth in Section 2(cSections 6.4(d) (iii) and (iv) of Part I Article VI of the Articles SupplementaryBy-Laws. The amount of Additional Distributions redemption price to be paid by the Auction Agent Trust Company to the Holders will be determined by the Company as set forth in Section 11(cSections 6.6(a) and 6.6(b) of Part I Article VI of the Articles SupplementaryBy-Laws. The redemption price to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 3(a) of Part I of the Articles Supplementary. The company shall deliver to the Auction Agent Trust Company any Notice of Redemption required by Section 3(b6.6(c)(ii) of Part I Article VI of the Articles Supplementary By-Laws when mailed by the Company to the Holders of the shares to be redeemed. Such notice shall contain the information required by such Section 3(b6.6(c) (ii) to be stated in the Notice of Redemption. The Auction Agent Trust Company shall have no duty or responsibility in connection with any Notice of Redemption and shall have no duty or responsibility to determine the redemption price and may rely on the amount thereof set forth in such notice.

Dividend and Redemption Price. Subject to receipt of the requisite funds, the Auction Agent shall pay to the Holders of the Preferred Shares M (i) on each Dividend Payment Date for the Preferred Shares, dividends and, if applicable, on each Additional Distribution Payment Date, Additional Distributions (to the extent that the Company Fund has deposited with the Auction Agent, pursuant to Section 3.1(a) hereof, funds for the payment thereof), on such Preferred Shares, and (ii) on any date fixed for redemption of Preferred Shares, the redemption price for any Preferred Shares called for redemption upon presentation and surrender of the certificate or certificates evidencing Preferred Shares held by such Holders and called for redemption. The amount of dividends for any Rate Period or portion thereof to be paid by the Auction Agent to the Holders will be determined by the Company Fund as set forth in Section 2(c) of Part I of the Articles Supplementary. The amount of Additional Distributions to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 11(c) of Part I of the Articles Supplementary. The redemption price to be paid by the Auction Agent to the Holders will be determined by the Company Fund as set forth in Section 3(a) 11 of Part I of the Articles Supplementary. The company Fund shall deliver to the Auction Agent any Notice of Redemption required by Section 3(b11(c) of Part I of the Articles Supplementary when mailed by the Company Fund to the Holders of the shares to be redeemed. Such notice shall contain the information required by such Section 3(b11(c) to be stated in the Notice of Redemption. The Auction Agent shall have no duty or responsibility in connection with any Notice of Redemption and shall have no duty or responsibility to determine the redemption price and may rely on the amount thereof set forth in such notice.

Dividend and Redemption Price. Subject to receipt of the requisite funds, the Auction Agent shall pay to the Holders of the Preferred Shares M (i) on each Dividend Payment Date for the Preferred Shares, dividends and, if applicable, on each Additional Distribution Payment Date, Additional Distributions (to the extent that the Company Fund has deposited with the Auction Agent, pursuant to Section 3.1(a) hereof, funds for the payment thereof), on such Preferred Shares, and (ii) on any date fixed for redemption of Preferred Shares, the redemption price for any Preferred Shares called for redemption upon presentation and surrender of the certificate or certificates evidencing Preferred Shares held by such Holders and called for redemption. The amount of dividends for any Rate Period or portion thereof to be paid by the Auction Agent to the Holders will be determined by the Company Fund as set forth in Section 2(c) of Part I of the Articles Supplementary. The amount of Additional Distributions to be paid by the Auction Agent to the Holders will be determined by the Company as set forth in Section 11(c) of Part I of the Articles Supplementary. The redemption price to be paid by the Auction Agent to the Holders will be determined by the Company Fund as set forth in Section 3(a) of Part I of the Articles Supplementary. The company Fund shall deliver to the Auction Agent any Notice of Redemption required by Section 3(b) of Part I of the Articles Supplementary when mailed by the Company Fund to the Holders of the shares to be redeemed. Such notice shall contain the information required by such Section 3(b) to be stated in the Notice of Redemption. The Auction Agent shall have no duty or responsibility in connection with any Notice of Redemption and shall have no duty or responsibility to determine the redemption price and may rely on the amount thereof set forth in such notice.