Cash Dividend Rate definition

Cash Dividend Rate means (i) with respect to any Dividend Period for which the Total Net Leverage Ratio is greater than 1.50 to 1.00, 13.5% per annum and (ii) with respect to any Dividend Period for which the Total Net Leverage Ratio is less than or equal to 1.50 to 1.00, 12% per annum.

Cash Dividend Rate means (i) with respect to any Dividend Period for which the Total Net Leverage Ratio is greater than1.50 to 1.00, 15% per annum (or 13.5% per annum if a Deleveraging Event has occurred prior to the date dividends are paid with respect to such Dividend Period) and (ii) with respect to any Dividend Period for which the Total Net Leverage Ratio is less than or equal to 1.50 to 1.00, 12% per annum.

Cash Dividend Rate means 15% per annum; provided that, immediately after the occurrence of a Deleveraging Event, the Cash Dividend Rate shall instead be 13.5% per annum.

Examples of Cash Dividend Rate in a sentence

• Yes Name of Dividend First & Final Dividend Type Cash Dividend Rate 6% or 0.6 cents per ordinary share Par value of shares S$0.10 Tax Rate One tier tax exempt We effected the share split on 01 February 2005.

• Following the sixth (6th) anniversary of the Completion Date, the Cash Dividend Rate would be subject to an incremental increase of 1 per cent.

• Dividend Rate 3.5 cents per share Total Dividend $15,664,000 Tax Rate Tax exempt one-tier Previous Year (i) Name of Dividend Final (Paid on 16 July 2020) Dividend Type Cash Dividend Rate 10 cents per share Total Dividend $44,756,000 Tax Rate Tax exempt one-tier (ii) Name of Dividend Interim (Paid on 11 September 2019) Dividend Type Cash Dividend Rate 5 cents per share Total Dividend $22,324,000 Tax Rate Tax exempt one-tier * The amount of dividend is computed on the shares in issue as at 31 December 2020.

• MacDonald For For Management 1.9 Elect Director Shuky Sheffer For For Management 1.10 Elect Director Yvette Kanouff For For Management 1.11 Elect Director Sarah Ruth Davis For For Management 2 Approve an Increase in the Quarterly For For Management Cash Dividend Rate 3 Accept Financial Statements and For For Management Statutory Reports 4 Approve Ernst & Young LLP as Auditors For Against Management and Authorize Board to Fix Their Remuneration AMEDISYS, INC.

• It is required that there be constructed and completed in accordance with the Contract Documents for “Construction of Los Banos Animal Shelter Building” for the City of Los Banos, all work as described in these Contract Documents.

More Definitions of Cash Dividend Rate

Cash Dividend Rate means the Five-Year Treasury Yield plus 9.00% per annum; provided that the then-current Cash Dividend Rate shall automatically increase by an additional 1.00% per annum on the fifth anniversary of the Closing Date and on each anniversary of the Closing Date thereafter; provided, further, that (a) if and for so long as any Event of

Cash Dividend Rate means (i) six percent (6%) per annum from the Closing Date until the 18 Month Anniversary Date; provided, however, if the Company does not hold a special stockholders meeting to obtain Stockholder Rule 5635 Approval within 90 days of the Closing Date, then the rate shall be eight percent (8%) during the period from the date that is 91 days from the Closing Date until the 18 Month Anniversary Date and (ii) ten percent (10%) per annum during the period from and after the 18 Month Anniversary Date; provided that, (x) so long as any shares of Series B Preferred Stock is outstanding or (y) from and after the occurrence of any Non-Payment Event or Default Event and until the cure, resolution or waiver of such Non-Payment Event or Default Event, as the case may be, the Cash Dividend Rate shall be the Cash Dividend Rate as otherwise determined pursuant to the foregoing clause (i) or (ii) plus 2% per annum.

Cash Dividend Rate means with respect to any Dividend Period for which the Total Net Leverage Ratio is greater than 1.50 to 1.00, 13.5% per annum, and (ii) with respect to any Dividend Period for which the Total Net Leverage Ratio is less than or equal to 1.50 to 1.00, 12% per annum. The "Total Net Leverage Ratio" means, with respect to any Dividend Period, the "Total Net Leverage Ratio" (as defined under the Third A&R Credit Agreement), calculated as of the date of the most recently provided compliance certificate under the Third A&R Credit Agreement as of the beginning of such Dividend Period.

Cash Dividend Rate shall have the meaning set forth in Section 3(a) hereof.

Cash Dividend Rate means the Five-Year Treasury Yield plus 9.00% per annum; provided that the then-current Cash Dividend Rate shall automatically increase by an additional 1.00% per annum on the fifth anniversary of the Closing Date and on each anniversary of the Closing Date thereafter; provided, further, that (a) if and for so long as any Event of Default (other than a Senior Debt Event of Default) occurs and is continuing or (b) if and for so long as a Senior Debt Event of Default occurs and is continuing, on the tenth Business Day following the occurrence of such Senior Debt Event of Default, then, in each case, the then-current Cash Dividend Rate shall automatically increase by an additional 2.00% per annum.

Cash Dividend Rate means (i) with respect to any Dividend Period for which the Total Net Leverage Ratio is greater than 1.50 to 1.00, 15% per annum (or 13.5% per annum if a Deleveraging Event has occurred prior to the date dividends are paid with respect to such Dividend Period) and (ii) with respect to any Dividend Period for which the Total Net Leverage Ratio is less than or equal to 1.50 to 1.00, (x) in the case of the Original Series B Preferred Stock, 13.5% per annum, and (y) in the case of the Additional Series B Preferred Stock, 12% per annum.

Cash Dividend Rate means an initial rate per annum equal to 8.0% applicable during the period between the Original Issuance Date and the third anniversary of the Original Issuance Date, and thereafter a rate per annum equal to 9.6%.