Regular Quarterly Dividend definition
Examples of Regular Quarterly Dividend in a sentence
Notwithstanding the foregoing and for the avoidance of doubt, no Contingent Interest shall be paid in respect of a dividend paid only in shares of the Company’s Common Stock that is not a Qualifying Regular Quarterly Dividend.
For avoidance of doubt, any adjustments to the Exchange Rate with respect to any dividend or distribution payable in a combination of (i) a Qualifying Regular Quarterly Dividend and (ii) any other dividend or distribution giving rise to an adjustment under both this clause (d) and clause (c) of this Section 9.04 shall be made without duplication.
If a Regular Quarterly Dividend is not declared in full by the Board of Directors or is not paid in full on a Dividend Payment Date to the holders of all shares of Series A Preferred Stock, from and after such Dividend Payment Date such unpaid amount shall be a “Past Due Dividend”.
For the avoidance of doubt, Regular Quarterly Dividend (as defined below) shall not constitute a Potential Adjustment Event.