Reset Dividend Determination Date definition

Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period.

Reset Dividend Determination Date means, in respect of any reset period, the day that is three business days prior to the beginning of such reset period.

Reset Dividend Determination Date means, in respect of any Reset Period, the day falling two business days prior to the beginning of such Reset Period.

Examples of Reset Dividend Determination Date in a sentence

• The applicable dividend rate for each Dividend Reset Period will be determined by the Calculation Agent, as of the applicable Reset Dividend Determination Date.

• Unless the Corporation has validly called all shares of the Series A Preferred Stock for redemption on the First Call Date, the Corporation will appoint a banking institution or trust company as calculation agent with respect to the Series A Preferred Stock prior to the Reset Dividend Determination Date preceding the First Call Date.

• The dividend rate for each Reset Dividend Determination Date during the Dividend Reset Period will be determined by the Calculation Agent (as defined below).

• The applicable dividend rate for each Reset Period will be determined by the Calculation Agent, as of the applicable Reset Dividend Determination Date.

• On and after the First Call Date, the dividend rate on the Series A Preferred Stock for each Reset Period will be equal to the Five-year U.S. Treasury Rate as of the most recent Reset Dividend Determination Date plus a spread of [●]%.7 The applicable dividend rate for each Reset Period will be determined by the calculation agent as of the applicable Reset Dividend Determination Date.

More Definitions of Reset Dividend Determination Date

Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period, subject to any adjustments made by the Calculation Agent as provided for herein.

Reset Dividend Determination Date means, in respect of any Dividend Reset Period, the day falling two Business Days prior to the beginning of such Dividend Reset Period.

Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the first day of such Reset Period;

Reset Dividend Determination Date means the third business day immediately preceding the Reset Date.

Reset Dividend Determination Date means, in respect of any Reset Period, the day that is two Business Days prior to the first day of such Reset Period.

Reset Dividend Determination Date means, in respect of any reset period, the day falling three business days prior to the beginning of such reset period; and

Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period, subject to adjustment as provided for herein.