Examples of Regular Dividend Record Date in a sentence
Subject to the other provisions of this Section 5 (including, for the avoidance of doubt, Section 5(a)(ii)(1)), such Regular Dividends will be payable when, as and if declared by the Board of Directors, out of funds legally available for their payment to the extent paid in cash, quarterly in arrears on each Regular Dividend Payment Date, to the Holders as of the Close of Business on the immediately preceding Regular Dividend Record Date.
Subject to the other provisions of this Section 5 (including, for the avoidance of doubt, Section 5(b)(i)), such Regular Dividends will be payable when, as and if declared by the Board of Directors, quarterly in arrears on each Regular Dividend Payment Date, to the Holders as of the Close of Business on the immediately preceding Regular Dividend Record Date.
To the extent the Corporation elects to declare and pay any Regular Dividends in shares of Common Stock, the Corporation shall, at least ten (10) Trading Days prior to the applicable Regular Dividend Record Date, deliver to each Holder a written notice (a “Stock Dividend Notice”) to that effect.
Regular Dividends shall be paid on the Regular Dividend Payment Date to the Holders as of the relevant Regular Dividend Record Date and shall be allocated among the Holders pro rata based on the number of shares of Convertible Preferred Stock held by them on the relevant Regular Dividend Record Date.
Subject to the other provisions of this Section 5 (including, for the avoidance of doubt, Section 5(a)(ii)(1)), such Regular Dividends will be payable when, as and if declared by the Board of Directors, out of funds legally available for their payment to the extent paid in cash, semi-annually in arrears on each Regular Dividend Payment Date, to the Holders as of the Close of Business on the immediately preceding Regular Dividend Record Date.