First Dividend Reset Date definition

First Dividend Reset Date means October 6, 2025.
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First Dividend Reset Date means October 6, 2026.
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First Dividend Reset Date means June 21, 2028.
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Examples of First Dividend Reset Date in a sentence

  • The period from and including the First Dividend Reset Date to, but excluding, the next following Dividend Reset Date and thereafter each period from and including each Dividend Reset Date to, but excluding, the next following Dividend Reset Date.

  • From, and including, the First Dividend Reset Date, at a rate per annum equal to the ten-year U.S. Treasury Rate (as defined in the Preliminary Prospectus) as of the most recent dividend payment date (as defined in the Preliminary Prospectus) plus 3.064%, on the stated amount of $100,000 per Preferred Share (equivalent to $1,000 per Depositary Share).

  • Dividend Rate (Non-Cumulative): From the date of original issue to, but excluding the First Dividend Reset Date, 4.250% per annum on the stated amount of $100,000 per Preferred Share (equivalent to $1,000 per Depositary Share).

  • Dividend Rate (Non-Cumulative): From the date of original issue to, but excluding the First Dividend Reset Date, 4.700% per annum on the stated amount of $100,000 per Preferred Share (equivalent to $1,000 per Depositary Share).

  • From, and including, the First Dividend Reset Date, at a rate per annum equal to the five-year U.S. Treasury Rate (as defined in the Preliminary Prospectus) as of the most recent dividend payment date (as defined in the Preliminary Prospectus) plus 3.074%, on the stated amount of $100,000 per Preferred Share (equivalent to $1,000 per Depositary Share).

  • Commencing on and including the First Dividend Reset Date, for each Dividend Reset Period, dividends on the Series L Preferred Stock will accrue, on a non-cumulative basis, at a rate equal to the Five-Year U.S. Treasury Rate as of the most recent Reset Dividend Determination Date plus 4.215%.


More Definitions of First Dividend Reset Date

First Dividend Reset Date means December 21, 2027.
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First Dividend Reset Date means December 21, 2028.
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Related to First Dividend Reset Date

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Dividend Rate has the meaning set forth in the Statement.

  • Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period.

  • Dividend Period means the Initial Dividend Period, any 7-Day Dividend Period and any Special Dividend Period.