Regular Dividend Rate definition

Regular Dividend Rate means four and one-half percent (4.5%) per annum or, to the extent and during the period with respect to which such rate has been adjusted as provided in Section 8(b), such adjusted rate.

Regular Dividend Rate means (a) for the period beginning on, and including, the Initial Issue Date and ending on, but excluding, the second anniversary of the Initial Issue Date, zero percent (0%) per annum and (b) for the period beginning on, and including, the second anniversary of the Initial Issue Date, six percent (6%) per annum.

Regular Dividend Rate means 6.50% per annum, subject to increase pursuant to Section 8(c).

Examples of Regular Dividend Rate in a sentence

• The Convertible Preferred Stock will accumulate cumulative dividends at a rate per annum equal to the Regular Dividend Rate on the Liquidation Preference thereof (calculated in accordance with Section 5(a)(i)(2)), regardless of whether or not declared or funds are legally available for their payment (such dividends that accumulate on the Convertible Preferred Stock pursuant to this sentence, “Regular Dividends”).

• The Convertible Preferred Stock will accumulate cumulative dividends at a rate per annum equal to the Regular Dividend Rate on the Liquidation Preference thereof (calculated in accordance with Section 5(a)(i)(2)), regardless of whether or not declared or whether or not funds are legally available for their payment (such dividends that accumulate on the Convertible Preferred Stock pursuant to this sentence, “Regular Dividends”).

• The Convertible Preferred Stock will accumulate cumulative dividends at a rate per annum equal to the Regular Dividend Rate on the Liquidation Preference thereof (calculated in accordance with Section 5(a)(ii)), regardless of whether or not declared or funds are legally available for their payment (such dividends that accumulate on the Convertible Preferred Stock pursuant to this sentence, “Regular Dividends”).

• If the Requisite Stockholder Approval is not obtained on or before the Requisite Stockholder Approval Deadline Date, then the Regular Dividend Rate will be increased by one percent (1%), with such increase applying from, and including, the Requisite Stockholder Approval Deadline Date and continuing to apply to, but excluding, the date when the Requisite Stockholder Approval is first obtained, if at all.

• To the extent the Company does not declare such dividends and pay in cash following the fifth anniversary of the Initial Closing, the dividends accrue to the Liquidation Preference (“Default Accrued Dividends”) at the then-applicable Cash Regular Dividend Rate plus 200 basis points.

More Definitions of Regular Dividend Rate

Regular Dividend Rate means 9% per annum.

Regular Dividend Rate means five and one-half percent (5.5%) per annum.

Regular Dividend Rate means, except as otherwise provided herein, on each Dividend Reference Date the amount determined as follows:

Regular Dividend Rate means five and one-half percent (5.5%) per annum; provided, that for any period of time during which an Incurrence Breach has occurred and is continuing, the Regular Dividend Rate shall be increased by 200 basis points (provided, that under no circumstances shall the Regular Divided Rate be increased by more than 200 basis points).

Regular Dividend Rate means eight percent (8.0%) per annum. “Regular Dividends” has the meaning set forth in Section 4(a)(i).

Regular Dividend Rate means eight percent (8.0%) per annum.

Regular Dividend Rate means 12% per annum.