Annual Fixed Dividend Rate definition

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.

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Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate of interest (expressed as a percentage rounded to the nearest one hundred thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date and 3.06%.

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate of interest (expressed as a percentage rounded to the nearest one hundred-thousandth of one percent (with 0.000005% or greater being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date and 3.26%, provided that, in any event, such rate shall not be less than 4.90%.

Examples of Annual Fixed Dividend Rate in a sentence

Each such determination by the Corporation of the Annual Fixed Dividend Rate will, in the absence of manifest error, be final and binding upon the Corporation and upon all Holders.
Each such determination by the Bank of the Annual Fixed Dividend Rate shall, in the absence of manifest error, be final and binding upon the Bank and upon all holders of Preferred Shares Series 24.
On the 30th day prior to each Series 24 Conversion Date, the Bank shall give notice in writing to the then holders of the Preferred Shares Series 24 of the Annual Fixed Dividend Rate determined by the Bank for the succeeding Subsequent Fixed Rate Period.
On the 30th day prior to each Series 25 Conversion Date, the Bank shall give notice in writing to the then holders of the Preferred Shares Series 25 of the Annual Fixed Dividend Rate determined by the Bank for the succeeding Subsequent Fixed Rate Period.
On the 30th day prior to each Series 2 Conversion Date, Concentra shall give notice in writing to the then holders of the Series 2 Shares of the Annual Fixed Dividend Rate applicable to the Series 1 Shares determined by Concentra for the succeeding Subsequent Fixed Rate Period.

More Definitions of Annual Fixed Dividend Rate

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate of interest equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date and 2.66%.

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the rate (expressed as a percentage) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.09%.

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the rate (expressed as a percentage rounded to the nearest one hundred–thousandth of one percent (with 0.000005% being rounded up)) equal to the U.S. Treasury Rate on the applicable Fixed Rate Calculation Date plus 2.887%.

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rounded down to the nearest one hundred–thousandth of one percent (with 0.000005% being rounded up)) equal to the Government of Canada Bond Yield on the applicable Fixed Rate Calculation Date plus 5.26%, provided that, in any event, such rate shall not be less than 6.00%.

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the rate of interest (expressed as a percentage rate rounded to the nearest one hundred-thousandth of one percent (with