Dividend Reference Date definition

Dividend Reference Date means the 25th day of January, April, July and October of each year commencing April 25, 1994, and continuing through and including January 25, 2014.

Dividend Reference Date shall have the meaning set forth in Section 4(a).

Dividend Reference Date means each anniversary of the Date of Issuance.

Examples of Dividend Reference Date in a sentence

• To the extent all accrued dividends are not paid on the Dividend Reference Dates, all dividends which have accrued on each Share outstanding during the three-month period (or other period in the case of the initial Dividend Reference Date) ending upon each such Dividend Reference Date will be accumulated and shall remain accumulated dividends with respect to such Share until paid.

• Except for accrued but unpaid dividends payable upon the occurrence of a Liquidation Event (as hereinafter defined), or upon redemption of shares of Series A Preferred as permitted by Section 4 below, dividends shall be paid only by the issuance of additional shares of Series A Preferred in an amount equal to (i) the accrued and unpaid dividend on any Dividend Reference Date divided by (ii) $1.00.

• To the extent permitted under the GCL, the Corporation shall pay preferential dividends to the holders of the PBGC Preferred Stock as provided in this Section 1.1 by increasing the aggregate Liquidation Value thereof on each Dividend Reference Date (as hereinafter defined) by an amount equal to the amount of the dividends to be paid.

• Dividends shall begin to accrue on shares of Series A Preferred issued as dividends as of the day following the Dividend Reference Date with respect to which such dividend has been declared regardless of the actual distribution of a certificate.

• To the extent not paid on December 31 of each year, beginning December 31, 1997 (the "Dividend Reference Date"), all dividends which have accrued on each Preferred Share issued and outstanding during the one-year period (or other period in the case of the initial Dividend Reference Date) ending upon each such Dividend Reference Date shall be accumulated and shall remain accumulated dividends with respect to such Preferred Share until paid.

More Definitions of Dividend Reference Date

Dividend Reference Date means March 15, June 15, September 15 and December 15 of each year, beginning for any Share, on the earliest such date after the initial issuance of such Share.

Dividend Reference Date meansJanuary 1, April 1, July l and October 1 of each year.

Dividend Reference Date means each anniversary of the Date of Issuance. “Exempt Dividends and Repurchases” means (a) any dividend or distribution payable on the Common Stock in shares of Common Stock and (b) any repurchase of Common Stock held by employees or consultants of the Corporation upon termination of their employment or services. “Junior Securities” means, collectively, the Common Stock and any other class of securities of the Corporation that is specifically designated as junior to the Series B Preferred Shares. “Liquidation” has the meaning set forth in Section 5.1. “Liquidation Value” means, with respect to any Share on any given date, $25.00. “Person” means an individual, corporation, partnership, joint venture, limited liability company, governmental authority, unincorporated organization, trust, association or other entity. “Payment Date” has the meaning set forth in Section 4.2. “Preferred Stock” has the meaning set forth in the Recitals. “Securities Act” means the Securities Act of 1933, as amended, or any successor federal statute, and the rules and regulations thereunder, which shall be in effect at the time. “Series B Preferred Shares” has the meaning set forth in Section 1. “Series B Preferred Shares Breach” has the meaning set forth in Section 8.1. “Series B Redemption” means a redemption of the Shares by the Corporation pursuant to Section 7.1 or Section 7.2. “Series B Redemption Date” means the date on which any Series B Redemption occurs. “Series B Redemption Price” means $25 per Share plus all unpaid accrued dividends on all such Share (whether or not declared). “Share” means a share of Series B Preferred Shares. “Subsidiary” means, with respect to any Person, any other Person of which a majority of the outstanding shares or other equity interests having the power to vote for directors or comparable managers are owned, directly or indirectly, by the first Person.

Dividend Reference Date means January 1, April 1, July l and October 1 of each year.

Dividend Reference Date means June 30 and December 31 of each year.

Dividend Reference Date has the meaning set forth in Article III.II.1.

Dividend Reference Date mean [___________] of each year, commencing __________, 1996, and each of the following: (i) the date on which the Liquidation Value of such Preferred Share is paid, (ii) the date on which such Preferred Share is converted into shares of Common Stock hereunder, and (iii) the Maturity Date.