Dividend Payment Record Date means the date designated by the Board of Directors for the payment of dividends that is not more than 30 or less than 10 days prior to the applicable Dividend Payment Date.
Dividend Payment Record Date shall have the meaning set forth in Section 3(a).
Dividend Payment Record Date has the meaning set forth in Section 4(a)(iv).
Examples of Dividend Payment Record Date in a sentence
Dividends that are payable on the Series B Convertible Preferred Stock on any Dividend Payment Date shall be payable to Holders as they appear on the Register on the applicable Dividend Payment Record Date.
More Definitions of Dividend Payment Record Date
Dividend Payment Record Date means March 15, June 15, September 15 and December 15 of each year; provided that if any such Dividend Payment Record Date would otherwise occur on a day that is not a Business Day, such Dividend Payment Record Date shall instead be the immediately succeeding Business Day.
Dividend Payment Record Date means a dividend record date with respect to the Series D Preferred Stock.
Dividend Payment Record Date shall have the meaning set forth in Section 4(a)(iii). “Dividend Rate” shall have the meaning set forth in Section 4(a)(i), subject to adjustments set forth in Section 4(a)(i) and Section 4(b). “Dividends” shall have the meaning set forth in Section 4(a)(i). “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. “Exchange Cap” shall mean 19.99% of the aggregate number of shares of the Company’s Common Stock issued and outstanding as of April 9, 2024. The Exchange Cap shall be appropriately adjusted for any stock dividend, stock split, reverse stock split or similar transaction. “Exchange Cap and Beneficial Ownership Proposal” shall mean the proposal required to be approved by the Company’s stockholders pursuant to the applicable rules and regulations of Nasdaq (or any successor entity), including Nasdaq Listing Standard Rule 5635, prior to further issuances of the Company’s Common Stock upon (i) the conversion of the Series C Preferred Stock, (ii) the exercise of warrants issued pursuant to the Purchase Agreement or (iii) payment of Dividends hereunder, at the option of the Holder, in shares of Common Stock where, in aggregate, the issuance of such shares of Common Stock under (i), (ii) or (iii) would (x) exceed the Exchange Cap, or (y) result in a violation of the Beneficial Ownership Limitation. “First Reset Date” shall have the meaning set forth in Section 4(a)(i). “Floor Price” shall mean $2.00. “Fundamental Transaction” shall have the meaning set forth in Section 9(c). “Holders” shall mean, collectively, the holders of the Series C Preferred Stock.
Dividend Payment Record Date has the meaning set forth in Section 12(a).
Dividend Payment Record Date has the meaning specified in Section 2.1(a).
Dividend Payment Record Date means April 15 and October 15 of each year; provided that if any such Dividend Payment Record Date would otherwise occur on a day that is not a Business Day, such Dividend Payment Record Date shall instead be the immediately succeeding Business Day.
Dividend Payment Record Date means each ___________, _____________, ___________ and ____________ preceding the immediately following Designated Dividend Payment Date.