Annual Dividend Rate definition

Annual Dividend Rate means for any Fixed Dividend Rate Period the rate of interest expressed as a percentage per annum (rounded to the nearest one-thousandth (1/1000) of one percent (1%)) which is equal to the Government of Canada Yield multiplied by the Selected Percentage Rate for such Fixed Dividend Rate Period.

Annual Dividend Rate means 11.00% per annum of the Liquidation Preference if paid in cash, per Series D-1 Preferred Share; provided, however that to the extent a dividend for a Dividend Period is not paid in cash on the applicable Dividend Payment Date (whether at the option of the Board of Directors or as otherwise required by this Certificate of Designation), then the Annual Dividend Rate for such Dividend Period with respect to dividends not paid in cash shall mean 12.50% per annum of the Liquidation Preference.

Annual Dividend Rate means 5.00% per annum.

Examples of Annual Dividend Rate in a sentence

• To note, strikethroughs in this document reflect completed projects.

• Accrued and unpaid dividends for any past Dividend Periods may be authorized and declared and paid at any time, without reference to any regular Dividend Payment Date, to holders of record on such date, not exceeding 30 days preceding the payment date thereof, as may be fixed by the Board of Directors.(b) The amount of dividends payable for each full Dividend Period for the Series D Preferred Stock shall be computed by dividing the Annual Dividend Rate by four.

• Dividends for the applicable Dividend Period shall accumulate on the Accrued Value as of the most recent Dividend Payment Date at the Annual Dividend Rate whether or not declared, and whether or not there are funds legally available for the payment or declaration of dividends.

• The amount of dividends payable per share of Preferred Stock for each full Dividend Period shall be computed by applying the Annual Dividend Rate to the Liquidation Preference and dividing such amount by four (4) (the "Dividend Amount").

• If such day is a bank holiday, the business day immediately preceding such bank holiday shall be the Annual Dividend Rate Revision Date.

More Definitions of Annual Dividend Rate

Annual Dividend Rate means for any Fixed Dividend Rate Period the rate of interest expressed as a percentage per annum (rounded to the nearest one-thousandth (1/1000) of one percent (1%)) which is equal to the Government of Canada Yield multiplied by the Selected Percentage for such Fixed Dividend Rate Period;

Annual Dividend Rate means 9% per annum, subject to increase pursuant to Section 11.

Annual Dividend Rate means 11.00% per annum of the Liquidation Preference if paid in cash, per Series B Preferred Share; provided, however that to the extent a dividend for a Dividend Period is not paid in cash on the applicable Dividend Payment Date (whether at the option of the Board of Directors or as otherwise required by this Certificate of Designations), then the Annual Dividend Rate for such Dividend Period with respect to dividends not paid in cash shall mean 12.50% per annum of the Liquidation Preference.

Annual Dividend Rate means for any Month the rate of interest expressed as a percentage per annum (rounded to the nearest one-thousandth (1/1000) of one percent (1%)) which is equal to Prime multiplied by the Designated Percentage for such Month;

Annual Dividend Rate means 5.81% of the Face Amount per Series D Preferred Share.

Annual Dividend Rate shall have the meaning set forth in Section 5(a).

Annual Dividend Rate means 9% per annum, subject to increase pursuant to Section 11. “Beneficial Owner” has the meaning set forth in Section 7.4(a).