Examples of Accretion Rate in a sentence
In addition, the Dividend Rate and the Accretion Rate on the Convertible Preferred Stock shall be increased by 2% per annum upon a declaration of Default Voting Event as set forth in Section 6(b)(ii) for so long as such Dividend Default remains uncured.
The Dividend Rate and the Accretion Rate shall increase to 12.5% per annum, compounded quarterly, of the Liquidation Price in the event that either (a) the Delaware Reincorporation Vote or (b) the Requisite NYSE Shareholder Approval is not obtained on or before December 31, 1999.
The Dividend Rate and the Accretion Rate on the Convertible Preferred Stock shall also be subject to adjustment as provided below.
In addition, the Dividend Rate and the Accretion Rate on the Convertible Preferred Stock shall be increased by 2% per annum for so long as any Default Voting Event remains uncured by the Corporation.
Accreted Value at Quarter End ------------------------------------- Quarterly All Existing All Electing Holders Quarter Ending Accretion Rate Noteholders/1/ and Siemens/2/ ---------------------------- -------------- --------------- --------------------- Sept.