Preferred Dividend Payment Date definition

Preferred Dividend Payment Date means March 31, June 30, September 30 and December 31 of each year (each, a “Quarterly Date”), commencing on the first Quarterly Date immediately following the Original Issuance Date (the “Initial Dividend Payment Date”); provided, however, that if any such Quarterly Date is not a Business Day, then the applicable Dividend shall be payable on the next Business Day immediately following such Quarterly Date, without any interest.
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Preferred Dividend Payment Date means January 15, April 15, July 15 and October 15 of each year (each, a “Quarterly Date”), commencing on the first Quarterly Date immediately following the Original Issuance Date; provided, that if any such Quarterly Date is not a Business Day then the “Preferred Dividend Payment Date” shall be the next Business Day immediately following such Quarterly Date.
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Preferred Dividend Payment Date. ’ means each date on which a Preferred Dividend is payable in accordance with the provisions of Article 2(a);
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Examples of Preferred Dividend Payment Date in a sentence

  • The term "Preferred Dividend Payment Date" shall have the meaning set forth in Section 4(a) below.

  • The home has illuminated exit signs, evacuation maps displayed, evacuation instructions displayed in each care recipient’s room and egress areas are generally free from any obstruction.

  • If any Preferred Dividend Payment Date shall not be a business day (as defined in clause (i) of paragraph (h) of Section 3), then the Preferred Dividend Payment Date shall be on the next succeeding business day.

  • If the Partnership fails to pay any Preferred Dividend installment within ten (10) days after the Preferred Dividend Payment Date, Preferred Dividends shall accrue at the rate of $2.70 per Preferred OP Unit annually, retroactively from the Preferred Dividend Payment Date until such installment is paid.

  • The Directors may also elect to defer (in whole or in part) any Preferred Dividend which is otherwise scheduled to be paid on a Preferred Dividend Payment Date or to defer further any Arrears of Preferred Dividend in the manner provided in this Article 3A(c)(iii) for any reason.


More Definitions of Preferred Dividend Payment Date

Preferred Dividend Payment Date means April 15, July 15, October 15 and January 15 of each year (each, a “Quarterly Date”), commencing on the second (2nd) Quarterly Date immediately following the Issuance Date; provided that if any such Quarterly Date is not a Business Day, then the “Preferred Dividend Payment Date” shall be the next Business Day immediately following such Quarterly Date.
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Preferred Dividend Payment Date has the meaning set forth in Section A.2.b of Article Fifth.
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Preferred Dividend Payment Date has the meaning set forth in paragraph (a) of Section 2.
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Preferred Dividend Payment Date means January 1, April 1, July 1 and October 1 of each year; provided that if any such Preferred Dividend Payment Date would otherwise occur on a day that is not a Business Day, such Preferred Dividend Payment Date shall instead be (and any dividend payable on Series D Preferred Stock on such Preferred Dividend Payment Date shall instead be payable on) the immediately succeeding Business Day.
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Preferred Dividend Payment Date is defined in Section 16.1.
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Preferred Dividend Payment Date means March 31, June 30, September 30 and December 31 of each year.
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Preferred Dividend Payment Date means each date on which a Preferred Dividend is payable;
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