Quarterly Dividend Payment Date definition

Quarterly Dividend Payment Date means [insert dates of end of each of quarter] of each year (or, if any such day is not a business day, the next succeeding day that is a business day).

Quarterly Dividend Payment Date shall have the meaning ascribed thereto in Section 3(a) hereof.

Quarterly Dividend Payment Date means for each Quarterly Period the sixteenth day on March, June, September or December which is the day after the last day of such Quarterly Period, unless such day is not a Business Day, in which case the Quarterly Dividend Payment Date shall be the Business Day following such day.

Examples of Quarterly Dividend Payment Date in a sentence

• Notwithstanding the foregoing, dividends on shares of Series A Preferred Stock which are originally issued prior to the record date for the determination of holders of shares of Series A Preferred Stock entitled to receive a quarterly dividend on the first Quarterly Dividend Payment Date shall be calculated as if cumulative from and after the last day of the fiscal quarter next preceding the date of original issuance of such shares.

• In the event no dividend or distribution shall have been declared on the Common Stock during the period between any Quarterly Dividend Payment Date and the next subsequent Quarterly Dividend Payment Date, a dividend of $10.00 per share on the Participating Preferred Stock shall nevertheless be payable on such subsequent Quarterly Dividend Payment Date.

• Notwithstanding the foregoing, dividends on shares of Series A Preferred Stock that are originally issued prior to the record date for the determination of holders of shares of Series A Preferred Stock entitled to receive a quarterly dividend on the first Quarterly Dividend Payment Date shall be calculated as if cumulative from and after the last day of the fiscal quarter next preceding the date of original issuance of such shares.

• Accumulated but unpaid dividends for any past quarterly dividend periods may be declared and paid at any time, without reference to any regular Quarterly Dividend Payment Date, to holders of record on such date, not more than 60 nor less than 10 days preceding the payment date thereof, as may be fixed by the Board of Directors.

• Notwithstanding the foregoing, dividends on shares of Series A Preferred Stock which are originally issued prior to the record date for the determination of holders of shares or Series A Preferred Stock entitled to receive a quarterly dividend on the first Quarterly Dividend Payment Date shall be calculated as if cumulative from and after the last day of the fiscal quarter next preceding the date of original issuance of such shares.

More Definitions of Quarterly Dividend Payment Date

Quarterly Dividend Payment Date means, in respect of dividends payable for the period from and after March 1, 2028, March 1, June 1, September 1 and December 1 of each year during which any Conversion Preference Shares are issued and outstanding;

Quarterly Dividend Payment Date means each of March 31, June 30, September 30 and December 31 of each year.

Quarterly Dividend Payment Date means the 15th day ------------------------------- (or if such day is not a Business Day, the next Business Day thereafter) of February, May, August and November of each year; commencing February 15, 1999.

Quarterly Dividend Payment Date means, in respect of dividends payable subsequent to June 15, 2026, March 15, June 15, September 15 and December 15 of each year during which any Conversion Preferred Shares are issued and outstanding; and

Quarterly Dividend Payment Date means, in respect of dividends payable for the period from and after June 13, 2029, March 13, June 13, September 13 and December 13 of each year during which any Conversion Preference Shares are issued and outstanding;

Quarterly Dividend Payment Date means the 15th day (or if such day is not a Business Day, the next Business Day thereafter) of February, May, August and November of each year; commencing February 15, 1999.

Quarterly Dividend Payment Date means the last day of March, June, September and December in each year, commencing on December 31, 1995, except that if any such date is not a Business Day, then such dividend shall be payable on the next succeeding Business Day.