Dividends After Redemption Clause Samples
Dividends After Redemption. Notwithstanding anything to the contrary in this Section 4, no share of Series B Preferred Stock shall accrue any dividends after the date on which (i) such share has been redeemed or purchased by the Corporation in accordance with the terms hereof or (ii) the Corporation has validly sought to redeem or purchase such share in accordance with Section 7 but has been unable to do so because of the failure of the holder thereof to return the certificate representing such share, so long as the Corporation has set aside funds for such redemption or payment in accordance with Section 7(f). For each share of Series B Preferred Stock, the date that is the earliest of the dates specified in clauses (i) and (ii) of this Section 4(c) is referred to herein as such share’s “Dividend Cessation Date.”
Dividends After Redemption. No Share is entitled to any dividends accruing after the date on which the Liquidation Value of such Share (plus all accrued, accumulated and unpaid dividends thereon) is paid in full to the holder thereof. On such date all rights of the holder of such Share shall cease, and such Share shall not be deemed to be outstanding.
Dividends After Redemption. From and after the later of the Redemption Date or 45 days from the date the Corporation shall have given the Redemption Notice no shares of Series A Preferred Stock subject to redemption shall be entitled to any further dividends pursuant to Section 2 hereof.
Dividends After Redemption. From and after the date on which the Corporation shall have paid in full the Redemption Price with respect to any share of Series B Preferred, such share of Series B Preferred thereby redeemed shall not be entitled to any further dividends pursuant to Section (c) of this Article Third.