Full Cumulative Dividends definition

Full Cumulative Dividends means, with respect to the Series E Preferred Stock, or any other capital stock of the Corporation, as of any date the aggregate amount of all then accumulated, accrued and unpaid dividends payable on such shares of Series E Preferred Stock, or other capital stock, as the case may be, in cash, whether or not earned or declared and whether or not there shall be funds legally available for the payment thereof.

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Full Cumulative Dividends means (whether or not in any Dividend Period, or any part thereof, in respect of which such term is used there shall have been net profits or net assets of the Corporation legally available for the payment of such dividends) that amount which shall be equal to dividends at the full rate fixed for the Preferred Stock as provided herein for the period of time elapsed from March 30, 2001 to the date as of which Full Cumulative Dividends are to be computed.

Full Cumulative Dividends has the meaning set forth in the Certificate of Designations.

Examples of Full Cumulative Dividends in a sentence

Notwithstanding the foregoing, the Corporation may, at its option, in lieu of delivering shares of Common Stock on the Optional Conversion Date, deliver cash in an aggregate amount equal to the aggregate Closing Price (on the Trading Day preceding the Optional Conversion Date) of the number of shares of Common Stock otherwise so deliverable (together, in any event, with Full Cumulative Dividends thereon to the Optional Conversion Date).
Unless earlier converted at the option of the holder in accordance with the provisions of Section 4(b), on the Automatic Conversion Date each outstanding share of the Series E Preferred Stock shall convert automatically (the "Automatic Conversion") into (i) shares of Common Stock at the Exchange Rate in effect on the Automatic Conversion Date and (ii) the right to receive an amount in cash equal to Full Cumulative Dividends on such share to the Automatic Conversion Date.
Holders of shares of the Series D Preferred Stock shall not be entitled to any dividend, whether payable in cash, property or stock, in excess of Full Cumulative Dividends on such shares.
Upon any such redemption, the Corporation shall deliver to the holders of shares of Series D Preferred Stock, in accordance with the provisions of this Certificate, in exchange for each share so redeemed, cash in an amount equal to the sum of (i) the Call Price in effect on the date of redemption plus (ii) Full Cumulative Dividends thereon to the date fixed for redemption.
Unless earlier converted pursuant to Section 5(b) at the option of the holder, on the Automatic Conversion Date each outstanding share of the Series D Preferred Stock shall convert automatically (the "Automatic Conversion") into (i) shares of Common Stock at the Exchange Rate in effect on the Automatic Conversion Date and (ii) the right to receive an amount in cash equal to Full Cumulative Dividends on such share to the Automatic Conversion Date.

More Definitions of Full Cumulative Dividends

Full Cumulative Dividends means with reference to any share ------------------------- (including P-I-K Shares) of the Series A Preferred Stock (whether or not in any dividend period or part thereof in respect of which such terminology is used there shall have been funds legally available for the payment of such dividends) that amount which shall be equal to the dollar amounts of dividends at the applicable rate set forth in Section 2(a) (plus Additional Dividends, if any, as contemplated by Section 2(b)) for the period of time elapsed from the date of cumulation of dividends on such share to the date as of which such computation is being made, less the amount of all such dividends paid in cash upon such share. For purposes of this Article IV(B), Full Cumulative Dividends on any share of the Series A Preferred Stock shall be deemed to have been paid in full only when (i) all P-I-K Shares issued in respect thereof shall have been redeemed for payment in full and in cash and (ii) all accrued and unpaid dividends in respect thereof shall have been paid in full and in cash.

Full Cumulative Dividends means as of any date the amount of accumulated, accrued and unpaid dividends payable on shares of Series B Preferred Stock as provided by Section 4 hereof, whether or not earned or declared and whether or not there shall be funds legally available for the payment thereof.

Full Cumulative Dividends means as of any date the amount of accumulated, accrued and unpaid dividends payable on shares of New Series A Preferred Stock as provided by Section 2 hereof, whether or not earned or declared and whether or not there shall be funds legally available for the payment thereof. For purposes of Section 2(f) hereof, "full cumulative dividends on Parity Preferred Stock" refers to full cumulative dividends payable on shares of Parity Preferred Stock instead of New Series A Preferred Stock as provided by the terms thereof, provided that such Parity Preferred Stock has been created, authorized and issued in accordance with the terms of Section 7(a) hereof. For purposes of Section 2(b) hereof, "full cumulative dividends on Existing Series A Preferred Stock" means as of any date the amount of accumulated, accrued and unpaid dividends payable on shares of Existing Series A Preferred Stock as provided under the Certificate of Designations, Preferences and Rights of the Series A Cumulative Convertible Preferred Stock ($1.00 par value per share) of the Company filed with the Secretary of State of Delaware on April 14, 1992 (the "Existing Series A Certificate").

Full Cumulative Dividends means as of any date the amount of accumulated, accrued and unpaid dividends payable on each share of Series A Preferred Stock as provided by Section 4 hereof, whether or not earned or declared and whether or not there shall be funds legally available for the payment thereof, and in all cases, the term "Full Cumulative Dividends" shall include all accumulated, accrued and unpaid dividends owing with respect to any period or Dividend Reference Date prior to the date on which the amount of Full Cumulative Dividends is determined.

Full Cumulative Dividends means (whether or not in any Dividend Period, or any part thereof, in respect of which such term is used there shall have been net profits or net assets of the Corporation