Dividend Payment Record Date definition

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

• The number of shares of Common Stock to be issued on any Dividend Payment Date shall be determined by dividing the amount of the dividend to be paid by the Fair Value of the Common Stock as of the Dividend Payment Record Date.

• Notwithstanding the foregoing, but subject to the proviso in the first sentence of Section 4(a)(iii), the Base Amount Accrued Dividends may be declared and paid in cash or in shares of Preferred Stock at any time to Holders of record on the Dividend Payment Record Date therefor.

• Ipilimumab may be restarted if/when the adverse event(s) resolve(s) or return(s) to < or = grade 1 within 2 weeks of the missed dose:• If the adverse event has been determined not be related to ipilimumab or is not an autoimmune/inflammatory event.• If the adverse event has resolved to ≤ grade 1 , ipilimumab dosing may be restarted.

• Holders of Series "A" Preferred Shares at the close of business on a Dividend Payment Record Date shall be entitled to receive the dividend payable on such Series "A" Preferred Shares on the corresponding Dividend Payment Date notwithstanding the conversion thereof following such Dividend Payment Record Date and prior to such Dividend Payment Date.

• A holder of Series "A" Preferred Shares on a Dividend Payment Record Date who (or whose transferees) tenders any such Series "A" Preferred Shares for conversion into Common Shares on such Dividend Payment Date will receive the dividend payable by the Corporation on such Series "A" Preferred Shares on such date, and the converting holder need not include payment of the amount of such dividend upon surrender of Series "A" Preferred Shares for conversion.

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 C Preferred Stock.

Dividend Payment Record Date means with respect to the dividends payable on March 15, June 15, September 15 and December 15 of each year, March 1, June 1, September 1 and December 1 of each year, respectively, or such other record date, not more than 60 days and not less than 10 days preceding the applicable Dividend Payment Date, as shall be fixed by the Board of Directors from time to time.

Dividend Payment Record Date means each ___________, _____________, ___________ and ____________ preceding the immediately following Designated Dividend Payment Date.

Dividend Payment Record Date has the meaning set forth in Section 12(a).

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 means, with respect to the Preferred Dividends payable on April 1, July 1, October 1 and January 1, respectively, of each year, the preceding March 15, June 15, September 15 and December 15 (unless such day is not a Business Day, in which event such Dividend Payment Record Date shall be the next succeeding Business Day), or such other date, not more than 60 days or less than ten days preceding the Dividend Payment Date, as shall be fixed as the record date by the Board of Directors.