Series A Dividend Amount definition

Series A Dividend Amount means, for any Dividend Payment Date, the amount accrued and payable by the Corporation as a dividend per share of Series A Preferred Stock, as determined pursuant to Article IV, Section D.2(a) hereof (and as such amount is subject to adjustment from time to time pursuant to Article IV, Section D.2(b) and Section D.2(c) hereof).

Series A Dividend Amount means, for any Dividend Payment Date, the amount accrued as a dividend per share of Series A Preferred Stock since the prior Dividend Payment Date, as determined pursuant to paragraph 3 hereof.

Series A Dividend Amount means, with respect to each share of Series A Preferred Stock, the aggregate cumulative and unpaid dividends which have accrued through the Closing Date in respect of such share of Series A Preferred Stock as determined pursuant to Article V, Section A5 of the Company Charter.

Examples of Series A Dividend Amount in a sentence

• We will work with FNSB to set up Facebook event pages for key events such as the Economic Summit and open houses, and will encourage using paid promotion to ensure important announcements and events reach a broad audience.

• Not less than ten (10) Business Days prior to the applicable Dividend Payment Date, the Corporation will provide notice to the holders ofthe Series A Preferred Stock of its election as to the form of payment of the Series A Dividend Amount.

• In the event the Corporation makes the PIK Election, it will cause to be delivered to the holders of Series A Preferred Stock, for each share of Series A Preferred Stock held by a holder, a number of shares of Eligible Common Stock equal to the Series A Dividend Amount divided by the VWAP of a share of Eligible Common Stock determined over the three (3) Trading Day period ending on the second (2nd) Trading Day preceding the applicable Dividend Payment Date.

More Definitions of Series A Dividend Amount

Series A Dividend Amount means, for any Dividend Payment Date, the amount accrued and payable by the Corporation as a dividend per share of Series A Preferred Stock, as determined pursuant to Section 2(a) of this Certificate of Designations (and as such amount is subject to adjustment from time to time pursuant to Section 2(b) and 2(c) of this Certificate of Designations).

Series A Dividend Amount means the total aggregate dollar amount of the Series A Dividend.

Series A Dividend Amount means that dollar amount of dividends that have accrued but have not been paid in respect of a share of Company Series A Preferred Stock, which dollar amount is equal to $0.066 per annum for each share of Company Series A Preferred Stock, calculated from the date of issuance by the Company of such shares of Company Series A Preferred Stock through and including the date immediately preceding the Closing Date. For avoidance of doubt, “Series A Dividend Amount” shall not include that dollar amount of dividends that have otherwise been paid by the Company, or will be paid by the Company at or prior to the Closing, in respect of a share of Company Series A Preferred Stock.

Series A Dividend Amount means, with respect to each share of Series A Preferred Stock, an amount equal to (1) 12% per annum, accruing and compounding on a quarterly basis, of the sum of (i) $2.36918 plus (ii) all accumulated and unpaid dividends thereon, less (2) any dividends previously paid on such share.

Series A Dividend Amount means, for any Dividend Period, an amount equal to the quotient of (x) the ten percent (10%) of the Consolidated Net Income for such Dividend Period divided by (y) the number of shares of Series A Preferred Stock issued on and as of July 14, 2010 (as adjusted for any combinations, subdivisions, reorganizations and recapitalizations or the like of the Series A Preferred Stock).

Series A Dividend Amount means the sum of (a) the Secondary Series A Dividend Amount plus (b) the Tertiary Series A Dividend Amount plus (c) the Series A Over-Allotment Dividend Amount plus (d) the Series A Dividend Floor Amount.