Accrued Dividend Amount definition

Accrued Dividend Amount means the aggregate amount of accrued and unpaid dividends on a share of Series G Stock to and including the Conversion Date, except that if the Conversion Date shall occur after a Record Date and prior to a related Dividend Payment Date, the Accrued Dividend Amount shall not include any accrued and unpaid dividends for the period from and after the most recent Dividend Payment Date.

Accrued Dividend Amount means, (i) with respect to each share of the Series A Preferred Stock, $8.86020 (as such amount is appropriately adjusted for stock splits, stock dividends, reclassifications or recapitalizations occurring after the Filing Date), (ii) with respect to each share to the Series B Preferred Stock, $7.67781 (as such amount is appropriately adjusted for stock splits, stock dividends, reclassifications or recapitalizations occurring after the Filing Date), (iii) with respect to each share of the Series C Preferred Stock, $0.55076 (as such amount is appropriately adjusted for stock splits, stock dividends, reclassifications or recapitalizations occurring after the Filing Date), (iv) with respect to each share of the Series D Preferred Stock, $0.56408 (as such amount is appropriately adjusted for stock splits, stock dividends, reclassifications or recapitalizations occurring after the Filing Date) and (v) with respect to each share of the Series E Preferred Stock, $0.23850 (as such amount is appropriately adjusted for stock splits, stock dividends, reclassifications or recapitalizations occurring after the Filing Date).

Accrued Dividend Amount shall have the meaning ascribed to it in Section (C) of Article IV.

Examples of Accrued Dividend Amount in a sentence

• Any such addition of the Accrued Dividend Amount in respect of a share of Series A Preferred Stock to the Stated Value of such share of Series A Preferred Stock pursuant to this Section (C) of Article IV is referred to herein as a “PIK Dividend.” The Accrued Dividend Amount in respect of any Regular Dividend Period that is not paid (in whole or in part) in cash shall, without duplication of any prior PIK Dividends (if any) only be added to the Stated Value of such share of Series A Preferred Stock once.

• In the event, however, that there are not sufficient assets available to permit payment in full of the Series C Liquidation Value and the Accrued Dividend Amount and the liquidation preferences of all other series of preferred shares, if any, which rank on a parity with the Series C Preferred Shares, then such remaining assets shall be distributed ratably to the holders of the Series C Preferred Shares and such parity shares in proportion to their respective liquidation preferences.

• Following the payment of the full amount of the Series C Liquidation Value and the Accrued Dividend Amount, no additional distributions shall be made to the holders of Series C Preferred Shares.

• Notwithstanding anything herein to the contrary, in no event shall the aggregate liability of the Company under this Article V exceed an amount equal to the Total Accrued Dividend Amount set forth in Exhibit A to the Purchase Agreement.

• If a Performance- Hurdled Restricted Stock Unit and any Accrued Dividend Amount do not constitute a “nonqualified deferred compensation arrangement” subject to Section 409A of the Code, then the Performance- Hurdled Restricted Stock Unit and Accrued Dividend Amount shall be settled no later than the March 15th following the calendar year in which it became vested.

More Definitions of Accrued Dividend Amount

Accrued Dividend Amount means the total amount of accrued but unpaid dividends (and interest payable thereon) payable in relation to the Preference Shares up to and including the Completion Date being £20,652,263.00;

Accrued Dividend Amount means the aggregate amount of accrued and unpaid dividends on a share of Series I Stock to and including the Conversion Date,

Accrued Dividend Amount means, as to any Dividend Period, a cash amount equal to the product of (i) the Dividend Amount in respect of such Dividend Period and (ii) a fraction, the numerator of which shall be the number of days from and including the last Dividend Payment Date immediately preceding the applicable Redemption Date to but not including such Redemption Date, and the denominator of which shall be the total number of days from and including the last Dividend Payment Date to but excluding the next Dividend Payment Date.

Accrued Dividend Amount means with respect to any share of the Nonvoting Preferred, all declared and unpaid Participating Dividends and all accrued and unpaid Preferred Dividends.

Accrued Dividend Amount means, as of any applicable date, with respect to any Series E Preferred Stock, an amount equal to the amount of any dividends accrued at the Dividend Rate on the Liquidation Preference of such Series E Preferred Stock with respect to any preceding Dividend Accrual Date.

Accrued Dividend Amount means the aggregate amount of accrued and unpaid dividends with respect to the Class A Shares to be paid to the Sellers set forth on Section 1.1(c) of the Disclosure Schedule. Each such Seller's portion of the Accrued Dividend Amount is set forth across from the name of such Seller in Section 1.1(c) of the Disclosure Schedule.

Accrued Dividend Amount an amount per share equal to (a) $6.50, multiplied by (b) a fraction having (i) as its numerator the number of days in the period from the date through which a dividend was last paid to holders of the Company Preferred Stock to the Closing Date (provided, however, that in calculating the number of days in such period (A) each full calendar month in such period shall be deemed to have 30 days, (B) the first day of the period shall be included, and (C) the last day of the period shall be excluded), and (ii) as its denominator 360.