Dividend Price definition

Dividend Price means the Average Price in respect of shares of Class A Common Stock for the Dividend Determination Period in the relevant Dividend Year.

Dividend Price means the Average Price per share of Common Stock for the Dividend Determination Period in the relevant Dividend Year.

Dividend Price means the Average Price per share of Common Stock for the Dividend Determination Period.

Examples of Dividend Price in a sentence

• PIK Dividends shall be paid by delivering to each record holder of Preferred Shares a number of shares of Common Stock (“PIK Dividend Shares”) determined by dividing (x) the total aggregate dollar amount of dividends accrued and unpaid with respect to Preferred Shares owned by such record holder on the record date for the applicable Dividend Payment Date (rounded to the nearest whole cent) by (y) the applicable PIK Dividend Price.

• If Regular Dividends are to be paid in shares of Common Stock, then each Holder shall be entitled to receive such number of whole shares of Common Stock as is determined by dividing the pro rata amount of Regular Dividends to which a holder is entitled by the Dividend Price (provided, however, that any fractional shares of Common Stock due pursuant to such calculation shall not be paid and instead the nearest lower whole number of shares of Common Stock shall be paid).

• If a dividend is to be paid in shares of Common Stock, the Common Stock shall be valued at the Common Stock Dividend Price (as defined below).

• If the Common Stock Dividend Price would be less than $0.85, as calculated in the immediately preceding sentence (without giving effect to the second proviso thereof), the holder may elect to either (i) accept the number of shares of Common Stock calculated as if the Common Stock Dividend Price was then $0.85 as full payment of such dividend or (ii) elect to postpone any dividend payment until funds are legally available for payment of such dividends (“Elected Dividends”).

• For purposes of calculating the dividends payable on the Class D Preferred, each share of Class D Preferred shall be valued at $10.00 per share approximately adjusted for stock dividends, stock splits, reverse stock splits, and other subdivisions and combinations of Class D Preferred (such per share price, as it may be adjusted, for the Class D Preferred is referred to herein as the "Dividend Price").

More Definitions of Dividend Price

Dividend Price means the amount calculated by adding together the Average Price for each of the last ten (10) consecutive Trading Days in the relevant Dividend Year, and dividing such amount by ten (10).

Dividend Price means the arithmetic mean of the VWAP's for the 10 Trading Days immediately prior to the Dividend Payment Date.

Dividend Price means the arithmetic mean of the VWAPs for the 10 Trading Days immediately before the

Dividend Price means the Average Price per share of Common Stock for the last ten (10) consecutive Trading Days of the relevant Dividend Period.

Dividend Price means (i) before any Equity Financing, the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price), or (ii) after one or more Equity Financings have occurred, the First Equity Financing Price.

Dividend Price means the Average Price per Ordinary Share for the last ten consecutive Trading Days in the relevant Dividend Period;

Dividend Price means the arithmetic average of the VWAP of the Common Stock for the 20 Trading Days immediately prior to the applicable Dividend Payment Date.