Cumulative Dividends definition

Cumulative Dividends means the sum of all cash dividends paid on a share of common stock during the July 2011 – December 2013 Performance Cycle. The Participant shall not be entitled to receive any dividend payments in conjunction with this award of Performance Units.

Cumulative Dividends means all accumulated, accrued and unpaid dividends.

Cumulative Dividends means the sum of all cash dividends paid on a share of Common Stock during the Performance Cycle.

Examples of Cumulative Dividends in a sentence

• Holders of shares of the Series E Preferred Stock shall not be entitled to any dividend, whether payable in cash, property or stock, in excess of Full Cumulative Dividends on such shares.

• Holders of Series C Preferred and of Series D Preferred shall not be entitled to any dividend, whether payable in cash, property or stock, in excess of the greater of the Junior Dividends and the 12% Cumulative Dividends accumulated with respect to such shares.

• No dividends or other Distributions with respect to any other series or class of capital stock of the Company shall be declared or paid prior to the declaration and payment in full of all Cumulative Dividends accrued as of the last proceeding Accrual Date.

• From January 1, 2009, through December 31, 2011, the Company did not pay Cumulative Dividends to the Holders.

• Holders of shares of the Preferred Stock shall not be entitled to any dividends, whether payable in cash, property or stock, in excess of the Full Cumulative Dividends at the rate set forth herein.

More Definitions of Cumulative Dividends

Cumulative Dividends means that if no preferred dividends are paid in one year, they accrue to the next so that the preferred shareholders must be paid accrued and current dividends before anything can be paid on the common.

Cumulative Dividends means the aggregate amount of dividends and other distributions paid on a share of Common Stock during the applicable Performance Period, assuming that such dividends and other distributions were reinvested in the Company as of the applicable ex-dividend dates during the applicable Performance Period.

Cumulative Dividends means the aggregate of any dividend paid by a relevant entity from Completion to 31 December 2014; and

Cumulative Dividends means the aggregate of any dividend paid by a relevant entity from Completion to 31 December 2014. In the event that the Company decides to exercise the Call Option, the Company shall obtain Shareholders’ approval, if required, pursuant to the rules of the Catalist Rules. 2.3.6.Put Option Pursuant to the terms of the Investment Agreement, in the event that:

Cumulative Dividends is the cumulative amount of dividends and distributions (whether in the form of cash or equity) paid in respect of such entity’s or fund’s common stock or other equity securities during the Performance Period, assuming such dividends and distributions are reinvested in additional shares of such entity’s common stock or other equity securities; and “Initial Value” is the VWAP of such entity’s or fund’s common stock or other equity securities for the 20 consecutive trading days immediately preceding the Performance Period Commencement Date.

Cumulative Dividends means and include the Series C Cumulative Dividend, the Series D Cumulative Dividend, the Series E Cumulative Dividend, the Series F Cumulative Dividend, and the Series I Cumulative Dividend.

Cumulative Dividends shall have the meaning set forth in Section 3.10.