Compounded Dividends definition

Compounded Dividends means, with respect to any share of Preferred Stock, as of any date of determination, (a) if a Preferred Dividend Payment Date has occurred since the Issuance Date, the aggregate Accrued Dividends with respect to such share as of the Preferred Dividend Payment Date immediately preceding such date of determination (determined, for the avoidance of doubt, after giving effect to the payment of Cash Dividends, if any, on such immediately preceding Preferred Dividend Payment Date) or (b) if no Preferred Dividend Payment Date has occurred since the Issuance Date of such share, zero.
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Compounded Dividends has the meaning set forth in Section 4(c).
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Compounded Dividends has the meaning given to such term in Section 5.
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Examples of Compounded Dividends in a sentence

  • Any Compounded Dividends that remain unpaid as of any determination date shall increase the Liquidation Preference in accordance with the definition of “Liquidation Preference”.

  • All Dividends, including Compounded Dividends, are prior to and in preference over any dividend on any Junior Stock and shall be declared and fully paid before any dividends are declared and paid, or any other distributions or redemptions are made, on any Junior Stock (except pursuant to any Permitted Restricted Payment).

  • All Dividends, including Compounded Dividends, are prior to and in preference over any dividend on any Junior Stock and shall be declared and fully paid before any dividends are declared and paid, or any other distributions are made, on any Junior Stock.

  • Notwithstanding anything to the contrary in this Certificate of Designations, except with the consent of each Holder, no cash dividends may be paid in respect of Dividends that have become Compounded Dividends and the value associated with such Compounded Dividends shall be delivered to Holders through payment or conversion as contemplated by this Certificate of Designations.

  • In furtherance of the foregoing, each of the parties hereto shall cooperate with each other to evaluate and identify any filings, consents, clearances or approvals required with respect to the receipt of Compounded Dividends by the Investors under or in connection with any Regulatory Law.

  • Upon notice by the Investors to the Company that any such restrictions may be necessary to avoid violation of Regulatory Law, the Company and the Investors agree to cooperate to issue Compounded Dividends identified in such notice in a form without voting rights or conversion rights into Common Stock, which restrictions would be removed upon obtaining any such Required Regulatory Approvals.

  • This clearly shows that for C.Z.Huala, this world is an uninviting and unpleasant place, and is not at all a place to stay if he is to live for a long time.Because this world where he lives makes C.Z.Huala‟s life suffer this much and brings him to so many tears, he weans away to his imagination where he sees only his desired land.

  • This valuable information will hopefully serve as a springboard for other investiga- tions, by these and other researchers, for developing ways to better manage our water resources within our households.

  • Dividend Rate / Annual Percentage Yield (APY) Dividends Compounded Dividends Credited Dividend Period Minimum Opening Deposit Minimum Balance to Avoid a Service Fee Minimum Balance to Earn the Stated APY Balance Method to Calculate Dividends Membership Share Savings See Current Rate Schedule Quarterly Quarterly Quarterly (calendar) $5.00 --- $100.00 Average Daily Balance Transfer & withdrawal limitations apply.

  • All Regular Dividends, including Compounded Dividends, are prior to and in preference over any dividend on any Dividend Junior Stock and Liquidation Junior Stock and shall be declared and fully paid before any dividends are declared and paid, or any other distributions or redemptions are made, on any Dividend Junior Stock or Liquidation Junior Stock (except pursuant to any Permitted Restricted Payment).


More Definitions of Compounded Dividends

Compounded Dividends has the meaning set forth in the Series A Statement with Respect to Shares.
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Compounded Dividends shall have the meaning assigned to such term in Section 4(b).
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Compounded Dividends shall have the meaning assigned to such term in Section 5.
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Related to Compounded Dividends

  • 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%.

  • Floating Quarterly Dividend Rate means, for any Quarterly Floating Rate Period, the rate of interest (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 T-Bill Rate on the applicable Floating Rate Calculation Date plus 1.60% (calculated on the basis of the actual number of days elapsed in such Quarterly Floating Rate Period divided by 365).

  • Dividend Rate has the meaning set forth in the Statement.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Dividend Period means the Initial Dividend Period, any 7-Day Dividend Period and any Special Dividend Period.

  • Dividends shall have the meaning provided in Section 10.6.

  • Dividend Payment Date means February 15, May 15, August 15 and November 15 of each year.