Common use of Special Dividends Clause in Contracts

Special Dividends. (i) Special Dividends shall cumulate and accrue on each issued and outstanding share of Common Stock on a daily basis, at a rate of 0.08 shares of Common Stock per annum, based on a 365-day year, commencing at the times specified therefor set forth in Section 2(g)(i) and Section 2(g)(ii) (each of the foregoing events, beginning on the first date of such event and including each day of such event until (and not inclusive of) the date of a Special Dividend Satisfaction Date (as defined below), a “Special Dividend Accrual Event”).

Appears in 4 contracts

Samples: Registration Rights Agreement (NetSTREIT Corp.), Registration Rights Agreement (NetSTREIT Corp.), Registration Rights Agreement (NetSTREIT Corp.)

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