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
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.
More Definitions of Annual Dividend Rate
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 has the meaning specified in Section 2.1(a).
Annual Dividend Rate means 0.075.
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).
Annual Dividend Rate means a dividend rate equal to 7.0%.