Initial Distribution Rate definition

Initial Distribution Rate means 6.236% per annum.

Initial Distribution Rate means 5.25% per annum.

Initial Distribution Rate means 3.75 per cent. per annum;

Examples of Initial Distribution Rate in a sentence

• Issue Date Distribution Basis: From (and including): • The Distribution Commencement Date to (but excluding) the First Reset Date (as defined below), at the Initial Distribution Rate; • The First Reset Date and each Reset Date falling thereafter to (but excluding) the immediately following Reset Date, the Reset Distribution Rate.

• On or after March 31, 2009, the Series F Initial Distribution Rate is subject to reset, at the Company’s option, subject to certain conditions and parameters, at fixed or floating rates and periods.

• During the Initial Fixed Rate Period, the Distribution Rate shall be the Initial Distribution Rate.

• If the Company has not paid the equivalent of six consecutive quarterly distributions on the Series A-1 Preferred Shares at the then applicable Initial Distribution Rate or Reset Distribution Rates, the Company shall be required to have a majority of the members of the Board of Directors who are Independent Directors.

• Issue Date Distribution Basis: From (and including):  The Distribution Commencement Date to (but excluding) the First Reset Date (as defined below), at the Initial Distribution Rate;  The First Reset Date and each Reset Date falling thereafter to (but excluding) the immediately following Reset Date, the Reset Distribution Rate.

More Definitions of Initial Distribution Rate

Initial Distribution Rate means 4.75% per annum.

Initial Distribution Rate means 5.377% per annum.

Initial Distribution Rate means [⚫] per cent. per annum; “Investment Grade” means:

Initial Distribution Rate means [●] per cent. per annum; “Initial Spread” means [●] per cent.;

Initial Distribution Rate means 8.625 per cent., per annum; “Initial Spread” means 7.816 per cent.;

Initial Distribution Rate has the meaning specified in Section 7.2.

Initial Distribution Rate means 3.875 per cent. per