Dividend Reset Date definition

Dividend Reset Date means the First Dividend Reset Date and each date falling on the fifth anniversary of the preceding Dividend Reset Date. Dividend Reset Dates, including the First Dividend Reset Date, will not be adjusted for Business Days.

Dividend Reset Date means any date on which the Remarketing Agents (i) determine the Applicable Dividend Rates for the ensuing Dividend Periods, (ii) notify Holders, Purchasers, and tendering Holders of shares of RP by telephone, telex or otherwise of the results of the Remarketing and (iii) announce such Applicable Dividend Rates.

Dividend Reset Date means (i) the Mode Commencement Date, (ii) thereafter, the first day of each Dividend Reset Period and (iii) as may be otherwise provided for in the Adjusted Rate Terms pursuant to Section 2.1(h).

Examples of Dividend Reset Date in a sentence

• If at least three quotations are provided, the highest and the lowest rate (or, in the case of two equal highest or two equal lowest rates, one of the highest and one of the lowest) will be eliminated and the arithmetic mean of the remaining rates will count as the variable component of the dividend rate for the relevant E2 Dividend Reset Date.

• If the variable components of the dividend rate cannot be calculated as stipulated in this paragraph under c., the dividend rate shall be equal to the dividend rate on the previous E2 Dividend Reset Date.

• Settlement Date means the first Business Day after a Dividend Reset Date applicable to a share of RP.

• As at March 31, 2022 Dividend Reset Date Dividend RateNumber of Preferred Shares (thousands)Series 1 First Preferred SharesMarch 31, 20262.58 %10,740Series 2 First Preferred Shares (1)March 31, 20262.35 %1,260Series 3 First Preferred SharesDecember 31, 20244.69 %10,000Series 5 First Preferred SharesMarch 31, 20254.59 %8,000Series 7 First Preferred SharesJune 30, 20253.94 %6,000 (1) The floating-rate dividend was 1.86 percent for the period from December 31, 2021, to March 30, 2022.

• If at least two of such quotations are provided, the rate for the relevant E1 Dividend Reset Date shall be the arithmetic mean of those quotations.

More Definitions of Dividend Reset Date

Dividend Reset Date means any date on which the Remarketing Agent (i) determines the Applicable Dividend Rate for the ensuing Dividend Period, (ii) notifies holders, purchasers and tendering holders of shares of RP by telephone, telex or otherwise of the results of the Remarketing and (iii) announces such Applicable Dividend Rate.

Dividend Reset Date means the Mode Commencement Date and, thereafter, the first day of each Dividend Reset Period.

Dividend Reset Date means, for each quarterly dividend period, the first day of such quarterly dividend period, and for the first quarterly dividend period, March 15, 2017.

Dividend Reset Date means any date on which the Remarketing Agents (i) determine the Applicable Dividend Rate for the ensuing Dividend Period, (ii) notify Holders, purchasers and tendering Holders of shares of RP by telephone, telex or otherwise of the results of the Remarketing and (iii) announce such Applicable Dividend Rate. "Eligible Asset" means S&P Eligible Asset and/or Moody's Eligible Asset.

Dividend Reset Date means (i) October 1, 2018, (ii) thereafter, the first day of each applicable Dividend Reset Period and (iii) as may be otherwise provided for an Adjusted Dividend Rate pursuant to Section 2.1(h).

Dividend Reset Date means the first Business Day following a Tender Date and immediately preceding a Settlement Date.

Dividend Reset Date means (i) October 1, 2018, (ii) thereafter, the first day of each applicable Dividend Reset Period and (iii) as may be otherwise provided for in the Adjusted Rate Terms pursuant to Section 2.1(h).