Initial Dividend Reset Period definition

Initial Dividend Reset Period means the period commencing on and including the Mode Commencement Date, and ending on, and including, the next succeeding calendar day that is a Wednesday (or, if such Wednesday is not a Business Day, the next succeeding Business Day).
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Initial Dividend Reset Period means, from and including October 1, 2018, the period commencing on, and including, October 1, 2018 and ending on, and including, October 31, 2018.
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Initial Dividend Reset Period means, with respect to the Series 1 VRDP Shares, the period commencing on and including the Date of Original Issue in connection with the initial issuance of Series 1 VRDP Shares and ending on, and including, the next succeeding calendar day that is a Wednesday (or, if such Wednesday is not a Business Day, the next succeeding Business Day).
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Examples of Initial Dividend Reset Period in a sentence

  • The Dividend Rate on the MFP Shares for the Initial Dividend Reset Period shall equal the sum of 0.07% per annum plus the SIFMA Municipal Swap Index, published by approximately 4:00 p.m., New York City time, on Wednesday, September 30, 2020, or 0.19% per annum, if the SIFMA Municipal Swap Index is not so published.


More Definitions of Initial Dividend Reset Period

Initial Dividend Reset Period means the period commencing on and including the Mode Commencement Date and ending on, and including, Wednesday, October 7, 2020.
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Related to Initial Dividend Reset Period

  • Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.

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

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

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

  • First Reset Period means the period from (and including) the First Reset Date until (but excluding) the Second Reset Date or, if no such Second Reset Date is specified in the applicable Final Terms, the Maturity Date;

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Dividend Date means a date specified in the Issue Resolution on which a dividend in respect of that preference share is payable.

  • Initial Distribution Date means the date occurring as soon as reasonably practicable after the Effective Date when distributions under the Plan shall commence.

  • Interest Calculation Period means the interest calculation period set out or referred to in item 5(d) of the Mortgage Form;